The sale by Figs’ chief financial officer marks a notable insider transaction amid recent share price movements.
Figs Inc. CFO Sarah Oughtred sold $338,237 in company shares, according to a recent filing. The transaction involved the disposal of stock options or shares held by the executive, reflecting insider activity.
Figs, a healthcare apparel company, has seen its stock fluctuate in recent months amid broader market volatility and sector-specific trends. Prior insider transactions at the company have drawn attention from investors tracking executive sentiment.
No immediate market reaction was reported following the disclosure, though such sales are often scrutinized for signals about internal confidence in the company’s outlook.