Honest Co. (HNST) awards Mayle 105K stock units after tax sale
Rhea-AI Filing Summary
Honest Company, Inc. (HNST) reported that officer Jonathan Mayle, SVP, Customer Sales, sold 6,161 shares of common stock on 2026-08-20 at $4.99 per share. According to a footnote, these shares were sold pursuant to an approved sell-to-cover plan solely to satisfy tax liabilities on vesting RSUs and were executed under a Rule 10b5-1 trading plan. On the same date, Mayle received a grant of 105,799 RSUs, which vest 50% on February 19, 2028 and the remainder on August 19, 2029, contingent on continued service. After these transactions, his holdings include 452,450 RSUs payable in an equivalent number of Honest common shares.
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Insider Trade Summary 10b5-1
Net Buyer: 99,638 shares
Net Buy
2 txns
Insider
Mayle Jonathan
Role
SVP, Customer Sales
Sold
6,161 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,161 | $4.99 | $31K |
| Grant/Award | Common Stock F3, F4 | 105,799 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 469,793 shares (Direct)
Footnotes (4)
- 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 346,651 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
- F3. The RSUs shall vest over a three-year period, with 50% of the RSUs vesting on February 19, 2028, and the remainder vesting on August 19, 2029, in each case subject to the 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.
- F4. Includes 452,450 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Shares sold: 6,161 shares of Common Stock
Sale price per share: $4.99 per share
RSUs granted: 105,799 RSUs
+4 more
7 metrics
Shares sold
6,161 shares of Common Stock
Sale on 2026-08-20 to cover tax liability
Sale price per share
$4.99 per share
Price for 6,161-share sale on 2026-08-20
RSUs granted
105,799 RSUs
Equity award of RSUs on 2026-08-20 to Jonathan Mayle
RSUs vesting first tranche
50% of 105,799 RSUs
Vest on February 19, 2028, subject to Continuous Service
RSUs vesting second tranche
Remaining 105,799 RSUs balance
Vest on August 19, 2029, subject to Continuous Service
RSUs included after first transaction
346,651 RSUs
Holdings referenced in footnote to tax sell-to-cover sale
RSUs included after grant
452,450 RSUs
Holdings referenced in footnote after RSU grant
Key Terms
Rule 10b5-1 trading plan, sell-to-cover plan, Restricted Stock Units (RSUs), Continuous Service
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were made pursuant to an approved sell-to-cover plan by the Compensation Committee"
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.
sell-to-cover plan financial
"Pursuant to the approved sell-to-cover plan by the Compensation Committee"
Restricted Stock Units (RSUs) financial
"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.
Continuous Service financial
"subject to the reporting person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan)"
FAQ
What insider transactions did HNST executive Jonathan Mayle report on August 20, 2026?
Jonathan Mayle reported a sale of 6,161 HNST shares at $4.99 per share and an award of 105,799 RSUs of Honest Company common stock, both dated 2026-08-20.
What are the terms of the 105,799 RSUs granted to HNST executive Jonathan Mayle?
The 105,799 RSUs vest over three years: 50% on February 19, 2028 and the remainder on August 19, 2029, subject to his Continuous Service. Each RSU is payable in one share of Honest Company common stock.
How many RSUs does Jonathan Mayle hold in HNST after these transactions?
After the reported transactions, a footnote states that his holdings include 452,450 RSUs, each payable in an equivalent number of Honest Company common shares, reflecting unvested equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.