Honest Company (HNST) director receives 41,970 RSU award with 2027 vest
Rhea-AI Filing Summary
Hartung Jack reported acquisition or exercise transactions in this Form 4 filing.
Honest Company, Inc. director Jack Hartung reported an equity compensation grant of 41,970 Restricted Stock Units (RSUs) of common stock. These RSUs will vest in full on the earlier of May 21, 2027, or immediately before the 2027 Annual Meeting, contingent on continued board service.
Hartung elected to defer settlement so the RSUs will be paid in a single lump sum of whole shares upon a change in control or within 60 days after his separation or death, whichever is earlier. Following this award, he holds 444,043 shares and RSUs in total, including 64,034 RSUs payable in an equivalent number of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 41,970 shares
Net Buy
1 txn
Insider
Hartung Jack
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,970 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 444,043 shares (Direct)
Footnotes (2)
- F1. 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. The reporting person made a deferral election to settle these RSUs in a single lump sum installment in whole shares on the earlier of (a) immediately prior to a change in control or (b) within 60 days following the reporting person's separation date or death, whichever is earlier.
- F2. Includes 64,034 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
RSU grant size: 41,970 RSUs
Vesting date: May 21, 2027
Total holdings after grant: 444,043 shares/RSUs
+1 more
4 metrics
RSU grant size
41,970 RSUs
Award of Restricted Stock Units to director on May 21, 2026
Vesting date
May 21, 2027
RSUs vest on earlier of this date or before 2027 Annual Meeting
Total holdings after grant
444,043 shares/RSUs
Director’s total reported position following the RSU award
Existing RSUs included
64,034 RSUs
RSUs payable in an equivalent number of Honest common shares
Key Terms
Restricted Stock Units (RSUs), Continuous Service, change in control, Annual Meeting
4 terms
Restricted Stock Units (RSUs) financial
"41,970 Restricted Stock Units (RSUs) will vest in full on the earlier of"
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.
Continuous Service financial
"subject to the Eligible Director's Continuous Service on the vesting date"
change in control financial
"settle these RSUs in a single lump sum installment in whole shares on the earlier of (a) immediately prior to a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Honest Company (HNST) report for Jack Hartung?
Honest Company reported that director Jack Hartung received a grant of 41,970 Restricted Stock Units (RSUs). The award is part of his director compensation and does not involve an open-market stock purchase or sale, but increases his equity-based stake in the company.
When do Jack Hartung’s 41,970 RSUs at Honest Company (HNST) vest?
The 41,970 RSUs will vest in full on the earlier of May 21, 2027, or immediately before Honest Company’s 2027 Annual Meeting. Vesting is conditioned on Hartung’s Continuous Service as an eligible director through the applicable vesting date, according to the disclosure.
How will Jack Hartung’s RSUs at Honest Company (HNST) be settled?
Hartung elected to defer settlement of the 41,970 RSUs into a single lump sum of whole shares. Settlement will occur immediately before a change in control or within 60 days after his separation or death, whichever happens first, based on the filing’s terms.
Does Jack Hartung’s Form 4 for Honest Company (HNST) reflect a stock sale?
The Form 4 reflects an acquisition via an RSU grant, coded as a grant or award, not an open-market sale. No shares were sold; instead, Hartung received additional equity compensation that will convert into shares upon vesting and later settlement events.