Honest Company (HNST) SVP receives 196,528-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honest Company, Inc. senior vice president Thomas Sternweis reported an equity award tied to the company’s common stock. On February 24, 2026, he acquired 196,528 restricted stock units (RSUs) at no cost as a grant or award. These RSUs are scheduled to vest over four years, with 25% vesting on February 19, 2027 and the remainder in 12 equal quarterly installments through future February 19, May 19, August 19 and November 19 dates, subject to his continued service. Following this grant, Sternweis held 482,336 shares of common stock, including 384,281 RSUs that are payable in an equivalent number of Honest Company shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sternweis Thomas
Role
SVP, Enterprise Dev. & Strat.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 196,528 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 482,336 shares (Direct)
Footnotes (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. Includes 384,281 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
What did Honest Company (HNST) executive Thomas Sternweis report on this Form 4?
Thomas Sternweis reported receiving an equity grant in the form of restricted stock units (RSUs) linked to Honest Company common stock. The award covers 196,528 RSUs, which were acquired at no cost as a grant or award, not an open-market stock purchase or sale.
How many Honest Company (HNST) restricted stock units were granted to Thomas Sternweis?
Thomas Sternweis was granted 196,528 restricted stock units related to Honest Company’s common stock. These RSUs were recorded as an acquisition at a price of zero, reflecting a compensation award rather than a cash transaction, and will convert into shares as they vest over time.
What is the vesting schedule for Thomas Sternweis’s new Honest Company (HNST) RSUs?
The RSUs vest over four years. Twenty-five percent vest on February 19, 2027, with the remaining units vesting in 12 equal quarterly installments each February 19, May 19, August 19 and November 19 thereafter, subject to his continuous service under the 2021 Equity Incentive Plan.