Honest Company SVP sells 6,673 shares at $3.14
Honest Company, Inc. senior vice president Thomas Sternweis reported an open-market sale of 6,673 shares of common stock at a weighted average price of $3.14 per share.
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Rhea-AI Filing Summary
Honest Company, Inc. senior vice president Thomas Sternweis reported an open-market sale of 6,673 shares of common stock at a weighted average price of $3.14 per share. According to the company’s compensation plan, the shares were sold solely to cover tax obligations from the vesting of a prior restricted stock unit award.
After this sell-to-cover transaction, Sternweis directly holds 460,797 shares of Honest Company common stock, which includes 331,034 restricted stock units payable in an equivalent number of shares. The filing reflects a routine tax-related disposition rather than a discretionary reduction of his overall equity position.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,673 | $3.14 | $21K |
Footnotes (3)
- 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. 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.
- F3. Includes 331,034 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Key Terms
sell-to-cover plan financial
Restricted Stock Units (RSUs) financial
weighted average price financial
multiple transactions financial
FAQ
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