Sarah Oughtred, CFO of Figs, Inc., sells $617,972 in Figs stock

Published 06/08/2025, 22:22
Sarah Oughtred, CFO of Figs, Inc., sells $617,972 in Figs stock

FIGS, Inc. NASDAQ:FIGS Chief Financial Officer Sarah Oughtred sold 99834 shares of Class A Common Stock on August 4, 2025, at a price of $6.19, according to a Form 4 filing with the Securities and Exchange Commission. The healthcare apparel company, currently valued at $1.04 billion, maintains strong financial health with a current ratio of 3.96x and impressive gross margins of 67.35%.

The total value of the shares sold by Oughtred amounted to $617972. Following the transaction, Oughtred directly owns 878058 shares of FIGS, Inc., which includes 793,621 Restricted Stock Units (RSUs). The stock, trading near $6.40, has shown resilience with a 13.2% gain over the past six months. InvestingPro analysis indicates the company is fairly valued based on its proprietary Fair Value model.

The sale was executed to cover required taxes and fees due upon the vesting and settlement of RSUs, pursuant to a 10b5-1 instruction letter delivered to the issuer on August 13, 2024. For deeper insights into insider transactions and comprehensive financial analysis, including 10+ additional ProTips, explore InvestingPro’s detailed research report on FIGS.

In other recent news, Figs Inc (NYSE:FIGS). reported its financial results for the first quarter of 2025, revealing a revenue of $124.9 million. This figure exceeded analyst projections, which had anticipated revenue of $119.12 million. Despite surpassing expectations, the company’s stock experienced a decline in after-hours trading, attributed to investor concerns over specific elements of the report and future guidance. Additionally, Figs Inc. held its annual stockholders meeting, where several key proposals were voted on, including the election of directors and the ratification of the company’s independent auditor. The meeting was conducted virtually, and approximately 95.07% of the combined voting power was represented, establishing a quorum. Stockholders with Class A common stock were entitled to one vote per share, while Class B stockholders had twenty votes per share. These developments are part of the company’s recent activities, providing insights into its financial performance and governance.

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