Honest Company (HNST) SVP receives 174,692 RSU equity award in Form 4
Rhea-AI Filing Summary
Mayle Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Honest Company, Inc. senior vice president of customer sales Jonathan Mayle reported an equity award of 174,692 shares of common stock in the form of restricted stock units (RSUs). The award was recorded at a price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase.
The RSUs vest over four years, with 25% vesting on February 19, 2027, and the remaining 75% vesting in 12 equal quarterly installments on February 19, May 19, August 19, and November 19 thereafter, subject to his continuous service. After this grant, he directly holds 468,116 shares, including 430,426 RSUs that will be settled in an equivalent number of Honest Company common shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 174,692 | $0.00 | -- |
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 430,426 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.