Honest Co. (HNST) SVP sells shares to cover taxes
Rhea-AI Filing Summary
Honest Company, Inc. (HNST) reported that executive Thomas Sternweis, SVP, Enterprise Development & Strategy, sold 6,403 shares of common stock on 2026-08-20 at $4.99 per share. According to the company’s disclosure, this sale occurred under an approved sell-to-cover plan and was made solely to cover tax liabilities upon vesting of previously granted RSUs. Following the transaction, Sternweis holds 454,394 shares of common stock, including 313,431 RSUs payable in an equivalent number of shares.
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Insider Trade Summary 10b5-1
Net Seller: 6,403 shares
Net Sell
1 txn
Insider
Sternweis Thomas
Role
SVP, Enterprise Dev. & Strat.
Sold
6,403 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,403 | $4.99 | $32K |
Holdings After Transaction:
Common Stock — 454,394 shares (Direct)
Footnotes (2)
- F1. 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).
- F2. Includes 313,431 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Shares sold: 6,403 shares
Sale price per share: $4.99 per share
Shares held after transaction: 454,394 shares
+1 more
4 metrics
Shares sold
6,403 shares
Common stock sale on 2026-08-20 by Thomas Sternweis
Sale price per share
$4.99 per share
Price for the 6,403 HNST shares sold on 2026-08-20
Shares held after transaction
454,394 shares
Total Honest Company, Inc. common stock held by Sternweis after sale
RSUs included in holdings
313,431 RSUs
RSUs payable in an equivalent number of HNST shares included in post-transaction holdings
Key Terms
sell-to-cover plan, Restricted Stock Units (RSUs), tax liability
3 terms
sell-to-cover plan financial
"Pursuant to the approved sell-to-cover plan by the Compensation Committee"
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.
tax liability financial
"shares were sold solely to cover the associated tax liability upon the vesting"
FAQ
What did HNST executive Thomas Sternweis report in this Form 4?
He reported a sale of 6,403 HNST common shares on 2026-08-20 at $4.99 per share, made under an approved sell-to-cover plan solely to satisfy tax liabilities arising from the vesting of previously granted RSUs.
How many RSUs does Thomas Sternweis still hold in HNST?
He holds 313,431 Restricted Stock Units (RSUs), which are payable in an equivalent number of Honest Company, Inc. common shares, as part of his total reported post-transaction holdings of 454,394 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.