Director Jeffrey Wilke receives 15,456 FIGS (NYSE: FIGS) RSUs as annual grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIGS, Inc. director Jeffrey A. Wilke reported an equity compensation grant of 15,456 restricted stock units (RSUs) tied to the company’s Class A Common Stock. The award represents his annual grant under FIGS’ Non-Employee Director Compensation Program and carries no cash exercise price.
The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the date of FIGS’ next annual meeting of stockholders following June 3, 2026, as long as Wilke remains in service. Each RSU converts into one share upon vesting. Following this grant, Wilke holds 227,577 shares directly. This filing reflects routine director compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILKE JEFFREY A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,456 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 227,577 shares (Direct, null)
Footnotes (1)
- These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2026 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 3, 2026 and (ii) the date of the Issuer's next annual meeting of stockholders following June 3, 2026, subject to the Reporting Person's continued service through the applicable vesting date. 15,456 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.
Key Figures
RSU grant size: 15,456 RSUs
Transaction price per share: $0.00 per share
Holdings after transaction: 227,577 shares
+2 more
5 metrics
RSU grant size
15,456 RSUs
Annual equity grant under Non-Employee Director Compensation Program
Transaction price per share
$0.00 per share
Grant/award acquisition, compensation not open-market purchase
Holdings after transaction
227,577 shares
Total direct holdings following RSU grant
Security type
Class A Common Stock
Underlying shares for the reported RSUs
Vesting trigger date reference
June 3, 2026
RSUs vest on one-year anniversary or next annual meeting date
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Program, annual equity grant, vesting date
4 terms
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Program financial
"annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program..."
annual equity grant financial
"These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant..."
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date."
FAQ
What insider transaction did FIGS director Jeffrey A. Wilke report?
Jeffrey A. Wilke reported receiving an annual equity grant of 15,456 restricted stock units (RSUs) tied to FIGS Class A Common Stock. This is a compensation award, not an open-market stock purchase or sale, and was granted under the company’s Non-Employee Director Compensation Program.
What are the vesting terms of Jeffrey Wilke’s 15,456 RSUs from FIGS?
The 15,456 RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the date of FIGS’ next annual stockholders’ meeting after that date, provided Wilke continues serving as a director through the applicable vesting date.
Did Jeffrey Wilke pay anything for the FIGS RSUs he received?
No, the reported transaction price per share is $0.00, indicating this grant is part of director compensation rather than a cash purchase. The RSUs are awarded automatically under FIGS’ Non-Employee Director Compensation Program at the time of the 2026 annual meeting.
Is Jeffrey Wilke’s FIGS Form 4 transaction a buy or a sale of stock?
The Form 4 shows an acquisition coded as a grant or award, not a market buy or sale. Wilke received 15,456 RSUs as compensation, which will convert into shares of Class A Common Stock once the vesting conditions described in the filing are met.