Catherine Spear - Oct 2, 2025 Form 4 Insider Report for FIGS, Inc. (FIGS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Danielle Warner as Attorney-in-Fact for Catherine Spear
Stock symbol
FIGS
Transactions as of
Oct 2, 2025
Transactions value $
-$428,081
Form type
4
Date filed
10/6/2025, 06:44 PM
Previous filing
Aug 14, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spear Catherine Eva Chief Executive Officer, Director, 10%+ Owner C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA /s/ Danielle Warner as Attorney-in-Fact for Catherine Spear 2025-10-06 0001820448

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIGS Class A Common Stock Sale -$428K -62.2K -3.16% $6.88 1.91M Oct 2, 2025 Direct F1, F2, F3
holding FIGS Class A Common Stock 797K Oct 2, 2025 Held by the Catherine Spear Revocable Trust
holding FIGS Class A Common Stock 141 Oct 2, 2025 Held by Hollywood Capital Partners LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF CERTAIN SHARES REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.
F2 REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON MAY 13, 2025, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES.
F3 1,339,906 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 5,469,161 shares of the Issuer's Class B Common Stock directly and indirectly through various trusts, which are convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 19,347,466 shares of the Issuer's Class A Common Stock underlying vested options.
F4 The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.