Form 4: Alan G. Lafley Transfers FIGS, Inc. Shares to Revocable Trust
SEC Form 4 Filing
Director Alan G. Lafley transferred 18,227 shares of FIGS, Inc. Class A Common Stock to his revocable trust on June 13, 2024, with no sale of shares involved.
Summary
- On June 13, 2024, Alan G. Lafley, a director of FIGS, Inc., transferred 18,227 shares of Class A Common Stock to the A.G. Lafley Revocable Trust.
- The transfer was made for no consideration.
- Lafley remains the beneficial owner of the securities held by the trust, as he is the trustee.
- The reporting person directly owns 46,869 shares of Class A Common Stock, which includes 28,143 Restricted Stock Units (RSUs).
- The reporting person indirectly owns 909,549 shares of Class A Common Stock through the A.G. Lafley Revocable Trust U/A/D 1/10/1990.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a stock transfer to a trust, indicating a neutral sentiment.
Industry Context
This is a routine filing related to insider transactions and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 1/10/1990 | Date of the A.G. Lafley Revocable Trust U/A/D |
| 06/13/2024 | Date of the stock transfer to the A.G. Lafley Revocable Trust |
| 06/14/2024 | Date of the Form 4 filing |
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