SCHEDULE: Ameriprise Financial Boosts FIGS Stake to 9%

Ameriprise Financial, Inc. and its affiliates have reported an increased beneficial ownership in FIGS, Inc. Class A Common Stock, reaching 9.0% as of June 30, 2025.

Summary

• Ameriprise Financial, Inc. and its affiliated entities collectively hold 13,936,468 shares of FIGS, Inc. Class A Common Stock, representing 9.0% of the class.
• Several UK-based Threadneedle entities, subsidiaries of Ameriprise, beneficially own 13,313,175 shares, equating to 8.6% of the class.
• CT (Lux) American Smaller Companies, a sub-fund of Columbia Threadneedle (Lux) I SICAV, holds 8,532,198 shares, representing 5.5% of the class.
• The reporting persons, including Ameriprise Financial, Inc., primarily exercise shared voting and dispositive power over their holdings, with CT (Lux) American Smaller Companies having sole voting and dispositive power over its specific stake.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of FIGS, Inc.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook. It is a neutral, compliance-driven report.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by a large institutional investor group, Ameriprise Financial, Inc., and its subsidiaries. It reflects a passive investment stake in FIGS, Inc., a company known for its medical apparel. Such filings are common for asset managers holding significant, but non-controlling, positions in publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership in FIGS, Inc., indicating continued investment interest from a major financial institution.

Key Dates

Keywords

FIGS Inc, Ameriprise Financial, Beneficial Ownership, Schedule 13G, Institutional Investment, Class A Common Stock, Investment Management, Asset Management