Figs Inc (FIGS)

FIGS, Inc.'s CFO, Sarah Oughtred, had 21,962 shares of Class A Common Stock withheld on August 5, 2026, at $10.92 per share. This action was taken to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs) and was not an open-market sale. Following this transaction, Oughtred's total holdings include 1,088,165 shares, with 870,488 of those being RSUs.

Heather L. Hasson, Executive Chairman of FIGS, Inc., had 30,142 Class A Common Stock shares withheld at $10.92 per share on August 5, 2026, to cover tax obligations arising from the vesting and settlement of previously granted Restricted Stock Units (RSUs). This was a tax-withholding event and not an open-market sale. Following this transaction, Hasson directly holds 1,396,852 Class A shares and beneficially owns millions more through Class B shares convertible to Class A and underlying vested options.

FIGS, Inc. announced strong second-quarter 2026 financial results, exceeding revenue and earnings expectations with a 28.8% increase in net revenues to $196.6 million and a significant rise in net income. The company's Board of Directors authorized a $100 million increase to its share repurchase program and raised its full-year 2026 financial outlook, anticipating approximately 20% net revenues growth. This positive performance was attributed to broad-based growth across categories, geographies, and channels, coupled with strong expense leverage.

FIGS, Inc. reported strong financial results for Q2 2026, with net revenues increasing by 28.8% to $196.6 million and net income rising to $28.4 million. The company's board expanded its share repurchase authorization by $100 million, bringing the total to $200 million, with approximately $119.2 million remaining available. FIGS also raised its full-year 2026 guidance, targeting approximately 20% net revenue growth and an adjusted EBITDA margin of 14.8%–15.0%.

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