Honest Company (HNST) CEO sells 129,335 shares to pay RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honest Company, Inc. Chief Executive Officer Carla Vernon sold 129,335 shares of common stock on March 5, 2026 in an open-market transaction at a weighted average price of $2.85 per share. According to the disclosure, the sale was made pursuant to an approved sell-to-cover plan and the shares were sold solely to cover tax liabilities arising from the vesting of previously granted restricted stock units.
After this transaction, Vernon beneficially owns 4,065,546 shares of Honest Company equity, including 2,819,261 restricted stock units that are payable in an equivalent number of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 129,335 shares ($368,605)
Net Sell
1 txn
Insider
Vernon Carla
Role
Chief Executive Officer
Sold
129,335 shs ($369K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 129,335 | $2.85 | $369K |
Holdings After Transaction:
Common Stock — 4,065,546 shares (Direct)
Footnotes (1)
- 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). 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. Includes 2,819,261 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
What did Honest Company (HNST) CEO Carla Vernon report in this Form 4?
Carla Vernon reported selling 129,335 shares of Honest Company common stock on March 5, 2026. The transaction was an open-market sale at a weighted average price of $2.85 per share, executed under an approved sell-to-cover plan.
What does the Form 4 say about Carla Vernon’s RSUs in Honest Company (HNST)?
The disclosure notes that Carla Vernon holds 2,819,261 restricted stock units. Each RSU is payable in one share of Honest Company common stock, meaning these units could convert into an equivalent number of shares when they vest and settle.
How is the sale price range for Carla Vernon’s Honest Company (HNST) transaction described?
The filing explains that the reported $2.85 per-share price is a weighted average. Individual trades occurred in multiple transactions at prices between $2.85 and $2.87 per share, and detailed breakdowns are available upon request to the issuer or regulators.