Form 4: FIGS Inc. CEO Catherine Spear Reports Stock Transactions

Catherine Spear, CEO of FIGS, Inc., reports the acquisition and disposal of Class A Common Stock and holdings in derivative securities.

Summary

• Catherine Spear, the CEO of FIGS, Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On March 4, 2025, Spear acquired 847,458 shares of Class A Common Stock at $0 per share and disposed of an unspecified amount.
• Following these transactions, Spear directly owns 2,035,112 shares of Class A Common Stock.
• She also indirectly owns 797,073 shares through the Catherine Spear Revocable Trust and 141 shares through Hollywood Capital Partners LLC.
• The reported securities include Restricted Stock Units (RSUs) that vest quarterly starting April 1, 2025.
• Spear also beneficially owns 5,469,161 shares of Class B Common Stock and 18,683,086 shares of Class A Common Stock underlying vested options.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Future Outlook

The document does not contain explicit forward-looking statements, but the vesting schedule of the RSUs indicates continued service and equity stake for the reporting person.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions reported may influence investor perception of the company's stock.

Key Dates