FIGS Inc.

11/09/2026 | Press release | Distributed by Public on 11/09/2026 19:50

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Spear Catherine Eva
2. Issuer Name and Ticker or Trading Symbol
FIGS, Inc. [FIGS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 400
3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026
(Street)
SANTA MONICA, CA 90404
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/09/2026(1) M 7,695,000 A $0.85 9,366,854 D
Class A Common Stock 11/09/2026 M 900,000 A $1.37 10,266,854 D
Class A Common Stock 11/09/2026 F 4,550,716(2) D $21.58 5,716,138 D
Class A Common Stock 11/09/2026 S 4,044,284 D $19.7 1,671,854(3) D
Class A Common Stock 797,073 I Held by the Catherine Spear Revocable Trust
Class A Common Stock 141(4) I Held by Hollywood Capital Partners LLC
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $0.85 11/09/2026 M 7,695,000 (5) 02/21/2028 Class A Common Stock 7,695,000 $ 0 0 D
Stock Option (Right to Buy) $1.37 11/09/2026 M 900,000 (5) 06/26/2028 Class A Common Stock 900,000 $ 0 0 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Spear Catherine Eva
C/O FIGS, INC., 2834 COLORADO AVENUE
SUITE 400
SANTA MONICA, CA 90404
X X Chief Executive Officer

Signatures

/s/ Danielle Warner as Attorney-in-Fact for Catherine Spear 11/09/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This Form 4 concerns (i) the exercise of options to purchase shares of the Issuer's Class A Common Stock that were due to expire in February 2028 and June 2028, respectively, (ii) the related withholding of shares by the Issuer upon the net exercise of such options to pay the exercise prices and required tax withholdings and (iii) the sale of the net shares in a block sale. Prior to such sale, the Reporting Person had not sold any shares of the Issuer's common stock (excluding sales solely to cover required taxes and fees due upon the vesting and settlement of Restricted Stock Units ("RSUs")) since September 2021.
(2) Represents shares that have been withheld by the Issuer upon the net exercise of stock options and used to pay the exercise prices and required tax withholdings. Does not represent a sale by the Reporting Person.
(3) 855,987 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, each of which is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 11,389,366 shares of the Issuer's Class A Common Stock underlying vested options.
(4) 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.
(5) All shares underlying this option have vested.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
FIGS Inc. published this content on November 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on November 10, 2026 at 01:50 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]