[144] The Honest Company, Inc. SEC Filing
Rhea-AI Filing Summary
The Honest Company (HNST) filing reports a proposed insider sale under Rule 144. An individual intends to sell 5,153 shares of common stock on or about 08/20/2025 through E*Trade Securities; the aggregate market value is listed as $18,808.45 against 111,269,491 shares outstanding. The shares were acquired on 08/19/2025 upon vesting of Restricted Stock Units awarded under the Issuer's 2021 Equity Incentive Plan, with equity compensation as the payment type. The filer also disclosed a prior sale of 5,138 shares on 05/21/2025 for $27,334.16. The notice includes the required representation that the seller has no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insignificant insider sale in size relative to outstanding shares; routine liquidity event after RSU vesting.
The filing shows a proposed sale of 5,153 shares valued at $18,808.45 compared with 111,269,491 shares outstanding, indicating a de minimis ownership reduction. The shares originated from RSU vesting on 08/19/2025 and are to be sold through E*Trade on or about 08/20/2025, consistent with standard post-vesting disposition. Prior activity includes a 5,138-share sale on 05/21/2025. From a financial-materiality standpoint, the disclosed amounts are negligible relative to the company’s share count and do not, by themselves, signal a material change to capital structure or earnings prospects.
TL;DR: Proper Rule 144 disclosure of post-vesting sale; compliance appears satisfied and routine.
The notice documents acquisition via RSU vesting under the 2021 Equity Incentive Plan and provides required sale timing, broker, and past three-month sales history. The seller signs the statutory certification regarding material nonpublic information. The filing meets Rule 144 disclosure elements: security class, broker name, number of shares, acquisition details, and prior recent sales. Given the small scale of the transaction, governance implications are limited to standard insider liquidity practices.