Honest Company GC granted 191,489 RSUs
Sheehey Brendan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sheehey Brendan reported acquisition or exercise transactions in this Form 4 filing.
Honest Company, Inc. reported that General Counsel Brendan Sheehey received a grant of 191,489 shares of common stock in the form of Restricted Stock Units (RSUs) at no cash cost. These RSUs vest over four years, with 25% vesting on February 19, 2027 and the rest in 12 equal quarterly installments, subject to his continuous service. Following this award, he reports beneficial ownership of 748,228 shares of common stock, including 439,449 RSUs that will be settled in an equivalent number of shares when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 191,489 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 439,449 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Honest Company (HNST) report for Brendan Sheehey?
How do Brendan Sheehey’s new RSUs at Honest Company (HNST) vest?
What is Brendan Sheehey’s total reported Honest Company (HNST) ownership after this grant?
Are Brendan Sheehey’s RSUs at Honest Company (HNST) paid in cash or stock?
What role does continuous service play in Brendan Sheehey’s HNST RSU award?
AI-generated analysis. How Rhea-AI works. Not financial advice.