Honest Company (HNST) HR chief sells shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honest Company, Inc. Chief People Officer Dorria L. Ball reported an open-market sale of 6,899 shares of common stock at a weighted average price of $3.14 per share. According to the disclosure, the sale was made under an approved sell-to-cover plan solely to pay taxes on vested Restricted Stock Units. After this transaction, Ball holds 425,396 shares of Honest Company stock, including 337,701 RSUs payable in an equivalent number of shares.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 6,899 shares ($21,663)
Net Sell
1 txn
Insider
Ball Dorria L.
Role
Chief People Officer
Sold
6,899 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,899 | $3.14 | $22K |
Holdings After Transaction:
Common Stock — 425,396 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 $3.19, 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 337,701 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Shares sold: 6,899 shares
Weighted average sale price: $3.14 per share
Sale price range: $3.14–$3.19 per share
+2 more
5 metrics
Shares sold
6,899 shares
Open-market sale on 2026-05-20
Weighted average sale price
<money>$3.14</money> per share
Open-market sale to cover taxes
Sale price range
<money>$3.14</money>–<money>$3.19</money> per share
Multiple transactions on 2026-05-20
Post-transaction holdings
425,396 shares
Common stock held after sale
RSUs included in holdings
337,701 RSUs
Payable in an equivalent number of shares
Key Terms
sell-to-cover plan, Restricted Stock Units (RSUs), weighted average price
3 terms
sell-to-cover plan financial
"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"
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.
FAQ
What insider transaction did Honest Company (HNST) disclose for Dorria L. Ball?
Honest Company reported that Chief People Officer Dorria L. Ball sold 6,899 shares of common stock. The shares were sold in an open-market transaction primarily to cover tax liabilities arising from the vesting of a previously granted Restricted Stock Unit award.
What was the sale price in the latest Honest Company (HNST) Form 4 filing?
The reported price was a weighted average of $3.14 per share. Footnotes state the 6,899 shares were sold in multiple trades at prices ranging from $3.14 to $3.19, and detailed price-by-trade information is available upon request from the company or regulators.
What is a sell-to-cover plan mentioned in Honest Company (HNST) filing?
A sell-to-cover plan allows executives to automatically sell enough shares to pay taxes when equity awards vest. In this case, the Compensation Committee approved such a plan for all executive officers, and the reported sale was used solely to satisfy the associated tax liability.