Honest Co. exec sells 25K shares at $5.48
Rhea-AI Filing Summary
Honest Company, Inc. (HNST) reported that officer Thomas Sternweis, SVP, Enterprise Development & Strategy, sold 25,000 shares of common stock on September 14, 2026 in an open-market or private transaction under a Rule 10b5-1 trading plan at a weighted average price of $5.48 per share. Following this sale, he beneficially owns 429,394 shares, including 313,431 restricted stock units payable in an equivalent number of shares.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 25,000 shares
Net Sell
1 txn
Insider
Sternweis Thomas
Role
SVP, Enterprise Dev. & Strat.
Sold
25,000 shs ($137K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 25,000 | $5.48 | $137K |
Holdings After Transaction:
Common Stock — 429,394 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.40 to $5.54, 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.
- F2. Includes 313,431 restricted stock units which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $5.48 per share
Shares owned after transaction: 429,394 shares
+2 more
5 metrics
Shares sold
25,000 shares
Common stock sold by Thomas Sternweis on September 14, 2026
Weighted average sale price
$5.48 per share
Multiple transactions ranging from $5.40 to $5.54 per share
Shares owned after transaction
429,394 shares
Total beneficial ownership following the reported sale
Restricted stock units included
313,431 RSUs
RSUs payable in an equivalent number of HNST common shares
Net insider share change
25,000 shares disposed
Net-sell direction across reported transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"transaction was conducted under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 313,431 restricted stock units which are payable"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HNST report for Thomas Sternweis?
HNST reported that officer Thomas Sternweis sold 25,000 shares of common stock on September 14, 2026 in an open-market or private transaction at a $5.48 weighted average price per share under a Rule 10b5-1 trading plan.
Was the HNST insider sale by Sternweis under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was conducted under a Rule 10b5-1 trading plan, meaning the sale was made pursuant to a pre-arranged trading arrangement affirmed in the report.
What role does Thomas Sternweis hold at Honest Company (HNST)?
Thomas Sternweis is an officer of Honest Company, Inc., serving as SVP, Enterprise Dev. & Strat., as identified in the Form 4 reporting this insider transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.