Form 4: FIGS Director Jeffrey Wilke Receives Annual Equity Grant
Director Equity Grant
Director Jeffrey A. Wilke was granted 15,456 restricted stock units as part of the FIGS, Inc. annual director compensation program.
Summary
- Director Jeffrey A. Wilke acquired 15,456 restricted stock units (RSUs) on June 3, 2026.
- The grant was issued automatically under the company's Non-Employee Director Compensation Program following the 2026 annual meeting.
- The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the date of the next annual meeting, contingent on continued service.
- Following this transaction, the reporting person holds a total of 227,577 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the reporting person's continued service through the applicable vesting date.
Future Outlook
The RSUs are scheduled to vest in full on the earlier of June 3, 2027, or the date of the 2027 annual meeting of stockholders.
Management Comments
- The grant represents the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program.
Industry Context
StockSavvy.ai notes that this is a standard corporate governance practice where non-employee directors receive annual equity compensation to ensure long-term alignment with company performance.
Comparison to Industry Standards
- The use of RSUs for director compensation is consistent with standard practices for publicly traded companies in the retail and apparel sector.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard, pre-planned director compensation event.
Next Steps
- Vesting of the 15,456 RSUs on or before the 2027 annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Date of the annual equity grant and transaction. |
Keywords
FIGS, Director Compensation, Equity Grant, Insider Ownership, Form 4
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