Honest Company (HNST) CEO Carla Vernon awarded 1.29M RSUs in equity grant

Rhea-AI Filing Summary

Vernon Carla reported acquisition or exercise transactions in this Form 4 filing.

Honest Company, Inc. director and Chief Executive Officer Carla Vernon reported an equity award of 1,293,393 shares of common stock in the form of Restricted Stock Units (RSUs) granted at no cash cost per share. These RSUs vest over four years, with 25% vesting on February 19, 2027 and the remaining 75% vesting in 12 equal quarterly installments each February 19, May 19, August 19 and November 19 thereafter, subject to her continuous service. After this award, she reports beneficial ownership of 4,194,881 shares, including 3,165,660 RSUs that are each payable in one share of Honest Company common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vernon Carla

(Last) (First) (Middle)

12130 MILLENNIUM DRIVE

SUITE 500

(Street)

LOS ANGELES CA 90094

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Honest Company, Inc. [ HNST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		A		1,293,393(1)	A	$0	4,194,881(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Restricted Stock Units (RSUs) shall vest over a four-year period, with 25% of the RSUs vesting on February 19, 2027, and the remainder vesting in 12 equal quarterly installments on each of February 19, May 19, August 19 and November 19 thereafter, in each case subject to such Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through each such date. The RSUs are payable in an equivalent number of shares of the Issuer's common stock.

2. Includes 3,165,660 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.

Remarks:

	/s/ Brendan Sheehey, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Honest Company (HNST) CEO Carla Vernon report on this Form 4?

Carla Vernon reported receiving a grant of 1,293,393 Restricted Stock Units (RSUs) of Honest Company common stock. The award was made at no cash cost per share and is part of her equity-based compensation as a director and Chief Executive Officer.

How do Carla Vernon’s new RSUs at Honest Company (HNST) vest over time?

The 1,293,393 RSUs vest over four years, with 25% vesting on February 19, 2027. The remaining RSUs then vest in 12 equal quarterly installments on February 19, May 19, August 19, and November 19, subject to her continuous service with the company.

How many Honest Company (HNST) shares does Carla Vernon beneficially own after this grant?

After the reported grant, Carla Vernon reports beneficial ownership of 4,194,881 shares of Honest Company common stock. This figure includes 3,165,660 RSUs that are each payable in an equivalent number of Honest Company common shares when they vest and settle.

What are the key terms of Carla Vernon’s RSU award at Honest Company (HNST)?

The RSU award covers 1,293,393 units that convert into the same number of Honest Company shares upon settlement. Vesting is conditioned on her continuous service, and the RSUs are paid in Honest Company common stock rather than cash when they vest.

Does Carla Vernon pay cash for the 1,293,393 RSUs reported at Honest Company (HNST)?

No, the 1,293,393 Restricted Stock Units were granted with a reported price of $0.0000 per share. This indicates the award is part of her compensation package rather than an open-market purchase funded with cash.