Honest Company (HNST) CFO sells 12,669 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honest Company, Inc. Chief Financial Officer Bruce Curtiss James III reported an open-market sale of 12,669 shares of common stock on May 20, 2026 at a weighted average price of $3.14 per share.
According to the disclosure, these shares were sold solely to cover tax liabilities arising from the vesting of a previously granted Restricted Stock Unit award under an approved sell-to-cover plan for executive officers. After the sale, James directly holds 526,157 shares of common stock, which includes 488,106 RSUs payable in an equivalent number of shares.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 12,669 shares ($39,781)
Net Sell
1 txn
Insider
Bruce Curtiss James III
Role
Chief Financial Officer
Sold
12,669 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,669 | $3.14 | $40K |
Holdings After Transaction:
Common Stock — 526,157 shares (Direct, null)
Footnotes (1)
- Pursuant to the approved sell-to-cover plan by the Compensation Committee for all executive officers, shares were sold solely to cover the associated tax liability upon the vesting of a previously granted award of Restricted Stock Units (RSUs). The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.14 to $3.18, inclusive. The reporting person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Includes 488,106 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Shares sold: 12,669 shares
Weighted average sale price: $3.14 per share
Post-transaction holdings: 526,157 shares
+2 more
5 metrics
Shares sold
12,669 shares
Open-market sale on May 20, 2026
Weighted average sale price
$3.14 per share
Common stock sale
Post-transaction holdings
526,157 shares
Shares held after sale
RSUs included in holdings
488,106 RSUs
Payable in equivalent common shares
Sale price range
$3.14–$3.18 per share
Multiple transactions within this range
Key Terms
sell-to-cover plan, Restricted Stock Units (RSUs), weighted average price, open-market sale
4 terms
sell-to-cover plan financial
"Pursuant to the approved sell-to-cover plan by the Compensation Committee for all executive officers"
Restricted Stock Units (RSUs) financial
"upon the vesting of a previously granted award of Restricted Stock Units (RSUs)"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Honest Company (HNST) disclose for its CFO?
Honest Company reported that CFO Bruce Curtiss James III sold 12,669 shares of common stock at a weighted average price of $3.14 per share. The transaction was disclosed as an open-market sale executed on May 20, 2026.
Was the Honest Company (HNST) CFO’s transaction part of a broader plan?
Yes. The sale was made under an approved sell-to-cover plan adopted by the Compensation Committee for all executive officers. Such plans automatically sell shares upon RSU vesting to fund tax obligations rather than reflecting discretionary trading decisions.