Catherine Eva Spear Reports 15% Beneficial Ownership in FIGS, Inc. via Amended Schedule 13D

Catherine Eva Spear filed Amendment No. 10 to her Schedule 13D for FIGS, Inc. on May 12, 2026, reporting a beneficial ownership of 27,668,112 shares of Class A Common Stock, representing a 15.0% stake in the company. This ownership figure includes 1,487,019 shares of Class A Common Stock held directly, 1,352,608 shares of Class B Common Stock (convertible 1-for-1), 120,979 restricted stock units, and options for 19,793,739 shares exercisable within 60 days. Additionally, the reporting person holds interests through various trusts and Hollywood Capital Partners LLC. The filing notes a minor disposition of 62,335 shares on April 2, 2026, specifically to cover tax obligations resulting from the settlement of restricted stock units. Despite this tax-related sale, the overall filing reflects a significant reported position relative to previous filings. Ms. Spear continues to be part of a voting group as defined by a pre-existing Voting Agreement but disclaims beneficial ownership of shares held by other group members.