---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-004434"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T20:05:12.011015+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tulco distributes all 58M FIGS Class A shares; Tull parties own 17.5% of Class A

## Summary
- Tulco converted 6.3M Class B shares to Class A, then distributed all 58,000,932 Class A shares to its members pro rata.
- Thomas Tull received 27,409,480 shares via distribution and purchased 253,637 shares in open market.
- Tull parties hold 27,663,117 Class A shares (17.5% of Class A, 9.8% voting power).
- Combined with founders, Tull parties represent ~53.7% of voting power.
- Tull parties joined existing Voting Agreement as Permitted Transferees.

## SEC filing metadata
- accession: 0000950170-22-004434
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000095017022004434/0000950170-22-004434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000095017022004434/figs-20220321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-004434
- JSON: https://secwatch.observer/filing/0000950170-22-004434.json
- Plain text: https://secwatch.observer/filing/0000950170-22-004434.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.