FIGS Inc Executive Compensation (FY25)
FIGS · Executive and director compensation, fiscal 2025 only
The paid brief on FIGS Inc
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 7, 2026Latest filing (8-K): June 8, 2026
3 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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94 figures on this page: 92 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
More on FIGS Inc
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
Frequently asked questions
Answers drawn from the data on this page.
Who is FIGS Inc's chief executive and what were they paid?
Total compensation for Catherine Spear, Director, Co-Founder and Chief Executive Officer, came to $8,211,946 in fiscal 2025.
What was FIGS Inc's say-on-pay result?
Shareholders supported the say-on-pay proposal with 83.9% of votes cast for or against in favor at the meeting held June 3, 2026 for fiscal 2025.
Which companies are in FIGS Inc's peer group?
The disclosed peer group names Boot Barn Holdings, Inc., Canada Goose Holdings Inc., Etsy, Inc., J. Jill, Inc. and Revolve Group, Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Catherine Spear Director, Co-Founder and Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Heather Hasson Director, Co-Founder and Executive Chairman | — | — | ◇ | ◇ | — | — | ◇ | ◇ |
Sarah Oughtred Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Catherine Spear | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Catherine Spear | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Heather Hasson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Heather Hasson | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Heather Hasson | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Sarah Oughtred | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Heather Hasson | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Catherine Spear | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Sarah Oughtred | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Melanie Whelan | ◇ | ◇ | ◇ | — | — | — | ◇ |
Jerry Jao | ◇ | ◇ | — | — | — | — | ◇ |
J. Martin Willhite | ◇ | ◇ | — | — | — | — | ◇ |
Mario Marte | ◇ | ◇ | — | — | — | — | ◇ |
Jeffrey Wilke | ◇ | ◇ | — | — | — | — | ◇ |
Sheila Antrum | ◇ | ◇ | — | — | — | — | ◇ |
Kenneth Lin Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Catherine Spear and Heather Hasson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board equity retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Boot Barn Holdings, Inc. BOOT
- Canada Goose Holdings Inc. GOOS
- Etsy, Inc. ETSY
- J. Jill, Inc. JILL
- Revolve Group, Inc. RVLV
- Stitch Fix, Inc. SFIX
- The Buckle, Inc. BKE
- The Honest Company, Inc. HNST
- The RealReal, Inc. symbol not shown
- Warby Parker Inc. WRBY
- YETI Holdings, Inc. YETI
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 3, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 4, 2025 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact FIGS Inc disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where FIGS Inc sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
94 figures on this page: 92 cited to the filing that reported them, 2 calculated from figures it prints.
92 cited to the filing
2 calculated from the filing
Documents cited
- 0001628280-26-041604Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001628280-26-0268382025 Director Compensation · DIRECTOR COMPENSATION · Grants of Plan-Based Awards in Fiscal Year 2025 · Outstanding Equity Awards at Fiscal Year-End Table · and 1 more section
- 0001846576-25-000004Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “FIGS Inc executive compensation, FY2025.” https://intel.velarion.ai/comp/FIGS (accessed 2026).
Short form: data: Velarion
The paid brief for FIGS Inc
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
3 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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Peers FIGS Inc discloses
The companies named in FIGS's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}