FIGS, Inc.: CEO Catherine Eva Spear sold 61,554 shares

What happened Catherine Eva Spear, CEO, reported 61,554 shares disposed on Oct 1, 2026, at $14.08 per share, totaling $866,680. The Form 4 lists the transaction code as F (payment of exercise price or tax liability) and includes a footnote stating the filing concerns the vesting and settlement of restricted stock units (RSUs) and the withholding of shares to satisfy tax withholding obligations.

Key details

• Transaction date and price: Oct 1, 2026; $14.08 per share; $866,680 total.
• Shares involved: 61,554 shares reported as disposed (withheld to satisfy tax obligations).
• Reported ownership (as stated in the filing): 855,987 RSUs; 5,469,161 shares of Class B common stock (directly and indirectly through trusts, convertible to Class A at the reporting person’s option); and 19,919,349 shares of Class A common stock underlying vested options.
• Relevant footnotes: F1 clarifies the Form 4 does not concern a sale but the vesting/settlement of RSUs; F2 states the shares were withheld by the issuer to satisfy tax withholding; F3 provides the ownership breakdown; F4 notes a managing-member role and a disclaimer of beneficial ownership except to the extent of pecuniary interest.
• Form filed on Oct 5, 2026.

Why it may matter The filing shows shares were withheld to satisfy tax obligations on vested RSUs rather than a market sale of newly acquired shares. A filing does not show why the insider traded or why the company acted.