FIGS FIGS, Inc.
Price Chart
Executive Summary
Director Heather Hasson filed a Form 144 notice of intent to sell 32,385 shares of Class A Common Stock, with an approximate market value of $464,203 based on the filing date. The shares were acquired upon vesting of restricted stock units under the company's 2021 Equity Incentive Plan, and the filing notes the sale is solely to cover required taxes and fees due upon vesting (sell-to-cover). This is a routine tax-motivated sale by a director/10% stockholder, not a discretionary portfolio liquidation.
Actionable Insight
This is a routine sell-to-cover transaction for tax withholding on RSU vesting, not a discretionary insider sale. The small size relative to Hasson's total holdings (556,327 shares) and the explicit tax-motivated purpose suggest no bearish signal. No action warranted.
Key Facts
- Director Heather Hasson filed Form 144 to sell 32,385 shares of Class A Common Stock.
- Estimated sale value: $464,203 based on filing date market price.
- Shares were acquired upon vesting of restricted stock units under the 2021 Equity Incentive Plan.
- Sale is solely to cover required taxes and fees due upon vesting (sell-to-cover instruction).
- Hasson holds a large remaining position: 556,327 shares as of March 3, 2026.
- Filing date: May 4, 2026; proposed sale date: May 4, 2026.
Financial Impact
Sale of $464,203 represents approximately 0.02% of $2.6B market cap — immaterial.
Risk Factors
- Insider selling patterns should be monitored for any discretionary sales outside of sell-to-cover instructions.
- Historical performance shows past neutral reports on FIGS have been followed by negative stock movement at T+20, but this filing's content is genuinely routine.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-030016 |
| Document: 0001628280-26-030016-index.html | 0001628280-26-030016 |
| Document: 0001628280-26-030016.txt | 0001628280-26-030016 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 4, 2026
5w ago
|
144
| $14.54 $11.43 | ▼ −21.39% | ▼ −26.34% | $11.58 (−20.36%) |
|
May 4, 2026
5w ago
|
Insider Cluster
| $13.97 $11.74 | ▼ −15.96% | ▼ −21.61% | $11.58 (−17.11%) |
|
Apr 2, 2026
9w ago
|
Insider Cluster
| $14.66 $14.96 | ▼ −2.05% | ▲ +7.83% | $11.58 (+21.01%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access