Honest Company (HNST) awards 41,970 RSUs to director Lynch
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lynch Alissa Hsu reported acquisition or exercise transactions in this Form 4 filing.
Honest Company, Inc. director Alissa Hsu Lynch received a grant of 41,970 Restricted Stock Units (RSUs) of common stock on May 21, 2026. These RSUs will vest in full on the earlier of May 21, 2027 or immediately before the 2027 Annual Meeting, subject to her continuous service as an eligible director.
Following this award, she holds 314,706 shares and RSUs directly, including 79,606 RSUs that are payable in an equivalent number of Honest Company common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Alissa Hsu
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,970 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 314,706 shares (Direct, null)
Footnotes (1)
- 41,970 Restricted Stock Units (RSUs) will vest in full on the earlier of (a) May 21, 2027, and (b) the date immediately prior to the date of the 2027 Annual Meeting, subject to the Eligible Director's Continuous Service on the vesting date. Includes 79,606 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
RSU grant size: 41,970 RSUs
Grant price per RSU: $0.00 per share
Post-transaction holdings: 314,706 shares/RSUs
+2 more
5 metrics
RSU grant size
41,970 RSUs
Restricted Stock Units granted on May 21, 2026
Grant price per RSU
$0.00 per share
Stock-based compensation, not an open-market purchase
Post-transaction holdings
314,706 shares/RSUs
Total direct holdings after the RSU grant
Existing RSUs included
79,606 RSUs
Payable in an equivalent number of Honest Company shares
RSU vesting date trigger
May 21, 2027
Earlier of this date or immediately before the 2027 Annual Meeting
Key Terms
Restricted Stock Units (RSUs), vest in full, Annual Meeting, Continuous Service, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"41,970 Restricted Stock Units (RSUs) will vest in full on the earlier of (a) May 21, 2027"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vest in full financial
"41,970 Restricted Stock Units (RSUs) will vest in full on the earlier of (a) May 21, 2027"
Annual Meeting financial
"the date immediately prior to the date of the 2027 Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Continuous Service financial
"subject to the Eligible Director's Continuous Service on the vesting date"
FAQ
What did Honest Company (HNST) director Alissa Hsu Lynch receive in this Form 4 filing?
Alissa Hsu Lynch received a grant of 41,970 Restricted Stock Units (RSUs) of Honest Company common stock. The award represents stock-based compensation rather than a cash purchase, aligning the director’s interests with future company performance through equity ownership.
When do Alissa Hsu Lynch’s 41,970 RSUs in Honest Company (HNST) vest?
The 41,970 RSUs vest in full on the earlier of May 21, 2027, or immediately before Honest Company’s 2027 Annual Meeting. Vesting is contingent on her continuous service as an eligible director through the applicable vesting date stated in the grant terms.
Was there any cash paid for the 41,970 RSUs granted to the Honest Company (HNST) director?
No cash was paid for the 41,970 RSUs; the transaction price per share is reported as 0.0000. This indicates the RSUs were granted as stock-based compensation, not purchased on the open market, consistent with typical director equity awards.
What does continuous service mean for the vesting of Honest Company (HNST) RSUs granted to the director?
Continuous service means the director must remain in an eligible director role through the vesting date for the RSUs to vest. If continuous service conditions are not met, some or all of the 41,970 RSUs could fail to vest under the grant’s terms.