{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-016376","form_type":"8-K","ticker":"FIGS","cik":"0001846576","company_name":"FIGS, Inc.","filed_at":"2025-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.119125+00:00","generated_at":"2026-05-23T22:47:19.776640+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"FIGS appoints Jerry Jao as independent director, Audit Committee chair","bullets":["Jerry Jao appointed to board effective April 1, 2025, as Class III director, Audit Committee chair, and Compensation Committee member.","Jao is SVP/GM at Constant Contact, former CEO of Retention Science, and previously Engagement Manager at KPMG and Analyst at Morgan Stanley.","Director compensation includes $50,000 annual board retainer, $20,000 Audit chair retainer, $7,500 Comp committee retainer, plus initial and annual RSU grants.","Prior interim Audit Chair Mario Marte continues as committee member; board cites Jao's marketing, technology, and finance expertise."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-016376","json":"https://secwatch.observer/filing/0001628280-25-016376.json","markdown":"https://secwatch.observer/filing/0001628280-25-016376.md","text":"https://secwatch.observer/filing/0001628280-25-016376.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846576/000162828025016376/0001628280-25-016376-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846576/000162828025016376/figs-20250331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T22:47:19.776640+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":"ce9d51d984","claim":"Jerry Jao was appointed as Member of the Board, Chairperson of the Audit Committee, Member of the Compensation Committee at FIGS, Inc..","evidence_excerpt":"On March 31, 2025, the board of directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed Jerry Jao to serve as a member of the Board, effective April 1, 2025 (the “ Effective Date ”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846576/000162828025016376/0001628280-25-016376-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Member of the Board, Chairperson of the Audit Committee, Member of the Compensation Committee"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}