Honest Company (HNST) SVP sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honest Company, Inc. senior vice president of supply chain von Kunssberg Etienne sold 2,651 shares of common stock on May 20, 2026 at a weighted average price of $3.14 per share. According to the footnotes, the sale was made under an approved sell-to-cover plan to pay taxes on vesting restricted stock units. After this tax-related transaction, the executive directly holds 289,457 shares, including 284,913 RSUs payable in an equivalent number of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,651 shares ($8,324)
Net Sell
1 txn
Insider
von Kunssberg Etienne
Role
SVP, Supply Chain
Sold
2,651 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,651 | $3.14 | $8K |
Holdings After Transaction:
Common Stock — 289,457 shares (Direct, null)
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 $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. Includes 284,913 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Shares sold: 2,651 shares
Weighted average sale price: $3.14 per share
Post-transaction holdings: 289,457 shares
+2 more
5 metrics
Shares sold
2,651 shares
Open-market sale on May 20, 2026
Weighted average sale price
$3.14 per share
Common stock sale to cover taxes
Post-transaction holdings
289,457 shares
Direct ownership after sale
RSUs included in holdings
284,913 RSUs
Payable in equivalent common shares
Price range of trades
$3.14–$3.19 per share
Multiple transactions within this range
Key Terms
sell-to-cover plan, Restricted Stock Units (RSUs), weighted average price, vesting
4 terms
sell-to-cover plan financial
"Pursuant to the approved sell-to-cover plan by the Compensation Committee for all executive officers..."
Restricted Stock Units (RSUs) financial
"...upon the 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting financial
"...tax liability upon the vesting of a previously granted award of Restricted Stock Units (RSUs)."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Honest Company (HNST) report for von Kunssberg Etienne?
Honest Company reported that SVP of Supply Chain von Kunssberg Etienne sold 2,651 shares of common stock. The shares were sold on May 20, 2026 at a weighted average price of $3.14 per share in an open-market transaction.
Is the Honest Company (HNST) insider sale part of a broader plan?
Yes. The filing states the sale was executed under an approved sell-to-cover plan for all executive officers. This plan allows automatic share sales strictly to cover associated tax liabilities when previously granted restricted stock units vest, making the event a routine compensation-related step.