Honest Company SVP sells shares to cover taxes
Honest Company, Inc. senior vice president Thomas Sternweis reported an open-market sale of 14,866 shares of common stock on March 5, 2026.
Rhea-AI Filing Summary
Honest Company, Inc. senior vice president Thomas Sternweis reported an open-market sale of 14,866 shares of common stock on March 5, 2026. According to the disclosure, the shares were sold solely to cover tax withholding on the vesting of a previously granted restricted stock unit award.
The weighted average sale price was $2.85 per share, with individual trades executed between $2.85 and $2.87. After these transactions, Sternweis directly owned 467,470 shares of Honest Company stock, including 349,154 restricted stock units that are payable in an equivalent number of shares.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,866 | $2.85 | $42K |
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 $2.85 to $2.87, 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 349,154 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
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What insider transaction did HNST executive Thomas Sternweis report?
Was the HNST insider stock sale discretionary or for tax withholding?
What does the 349,154 RSUs figure mean for HNST insider ownership?
What transaction code was used in the HNST Form 4, and what does it indicate?
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