Executive chairman’s stock sale marks the first insider transaction at the healthcare apparel firm in over a year.
Figs executive chairman Jeff Hasson sold $464,000 worth of company stock, according to a recent filing. The transaction involved 20,000 shares at an average price of $23.20 per share, reducing his direct holdings by approximately 10%.
This is the first insider sale reported by Figs in more than 12 months, following a period of minimal insider activity. The company’s stock has remained relatively stable, trading near its 52-week average, with no significant price movement linked to the sale.
No immediate market reaction was observed following the disclosure, with Figs shares closing flat in after-hours trading.