{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-027748","form_type":"8-K","ticker":"FIGS","cik":"0001846576","company_name":"FIGS, Inc.","filed_at":"2024-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.750643+00:00","generated_at":"2026-06-01T04:54:49.844586+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FIGS appoints Sarah Oughtred as CFO effective August 9, 2024","bullets":["Sarah Oughtred joins from lululemon after 17 years; most recently SVP, FP&A.","Base salary $500K, target bonus $300K, and $4M RSU award vesting quarterly over 4 years.","Interim CFO Kevin Fosty will return to VP, Controller after transition.","Oughtred played key role in lululemon revenue growth from $270M to ~$10B and store count from <50 to >700.","Effective date August 9, 2024; start date July 29, 2024 for smooth transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-027748","json":"https://secwatch.observer/filing/0001628280-24-027748.json","markdown":"https://secwatch.observer/filing/0001628280-24-027748.md","text":"https://secwatch.observer/filing/0001628280-24-027748.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846576/000162828024027748/0001628280-24-027748-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846576/000162828024027748/figs-20240607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:54:49.844586+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c6f69b0017","claim":"Sarah Oughtred was appointed as Chief Financial Officer at FIGS, Inc..","evidence_excerpt":"On June 7, 2024, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed Sarah Oughtred to serve as the Company’s Chief Financial Officer, effective as of August 9, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846576/000162828024027748/0001628280-24-027748-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"ea0b815430","claim":"Kevin Fosty changed role as VP, Controller at FIGS, Inc..","evidence_excerpt":"Mr. Fosty will remain serving as Interim Chief Financial Officer, principal financial officer and principal accounting officer until the Effective Date and will thereafter continue with the Company in his previous role of VP, Controller.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846576/000162828024027748/0001628280-24-027748-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"continue"},{"label":"Role","value":"VP, Controller"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}