FIGS (FIGS) executive compensation, 2026 proxy

Catherine Spear, Chief Executive Officer, was paid $8.2M in 2025, up 65% from $5M the year before. The CEO-to-median-employee pay ratio was 73:1, on median employee pay of $113,195.

Filed
April 23, 2026
Annual meeting
June 3, 2026
Pay year
2025
Named executives
3
CEO total pay
$8.2M+65% vs prior year
CEO to median employee
73:1median $113,195
CEO pay in equity
57%$4.7M in awards
Prior say-on-pay support
98%of votes cast
CEO Target Bonus
100%Percentage of base salary
Median Employee Pay
$113,195Annual total compensation

How Spear was paid

$8.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Bonus12%Stock awards49%Option awards8%Non-equity incentive18%All other compensation0%

Named executive officers

ExecutiveTotal
Catherine SpearChief Executive Officer$8,211,946
Heather HassonExecutive Chairman$8,084,271
Sarah OughtredChief Financial Officer$2,637,314

What changed and why

  • $8.2MCEO Catherine Spear received total compensation of $8,211,946 in 2025, compared to $4,970,064 in 2024.
  • $1MChief Executive Officer base salary remained unchanged at $1,000,000 for fiscal year 2025.
  • $4.1MStock awards for the CEO totaled $4,059,324 alongside $631,892 in option awards.
  • $1.5MNon-equity incentive plan compensation for the CEO was $1,500,000 for the year.
  • 98%Approximately 98% of votes cast supported the say-on-pay vote at the prior annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.