Honest Company (HNST) grants 41,970 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BARKLEY MICHAEL J. reported acquisition or exercise transactions in this Form 4 filing.
Honest Company, Inc. reported that director Michael J. Barkley received a grant of 41,970 Restricted Stock Units (RSUs). These RSUs will vest in full on the earlier of May 21, 2027, or immediately before the 2027 Annual Meeting, subject to his continuous service.
Following this equity award, Barkley directly owns 305,358 shares and RSUs of Honest Company common stock, including 79,606 RSUs that are payable in an equivalent number of shares when they vest. The transaction was recorded at a price of $0.00 per share, reflecting a compensation-related stock award rather than a market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BARKLEY MICHAEL J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,970 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 305,358 shares (Direct, null)
Footnotes (1)
- 41,970 Restricted Stock Units (RSUs) will vest in full on the earlier of (a) May 21, 2027, and (b) the date immediately prior to the date of the 2027 Annual Meeting, subject to the Eligible Director's Continuous Service on the vesting date. Includes 79,606 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
RSUs granted: 41,970 RSUs
Vesting date: May 21, 2027
Holdings after transaction: 305,358 shares/RSUs
+2 more
5 metrics
RSUs granted
41,970 RSUs
Restricted Stock Units awarded to director on May 21, 2026
Vesting date
May 21, 2027
RSUs vest on earlier of this date or just before 2027 Annual Meeting
Holdings after transaction
305,358 shares/RSUs
Total direct Honest Company common stock and RSUs after grant
Existing RSUs included
79,606 RSUs
RSUs payable in an equivalent number of Honest Company shares
Grant price per share
$0.00 per share
Reported transaction price for the RSU grant
Key Terms
Restricted Stock Units (RSUs), Continuous Service, Annual Meeting, grant, award, or other acquisition
4 terms
Restricted Stock Units (RSUs) financial
"41,970 Restricted Stock Units (RSUs) will vest in full on the earlier of (a) May 21, 2027..."
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 Eligible Director's Continuous Service on the vesting date."
Annual Meeting financial
"the date immediately prior to the date of the 2027 Annual Meeting, subject to the Eligible Director's Continuous Service..."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Honest Company (HNST) disclose in this Form 4 filing?
Honest Company disclosed that director Michael J. Barkley received a grant of 41,970 Restricted Stock Units. These RSUs are a stock-based compensation award that vests in 2027, increasing his direct equity-based exposure to the company.
How many RSUs did Honest Company (HNST) grant to director Michael Barkley?
Michael Barkley was granted 41,970 Restricted Stock Units. These RSUs will convert into an equivalent number of Honest Company common shares once they vest, assuming he continues to serve as an eligible director through the vesting date.
When do Michael Barkley’s new RSUs at Honest Company (HNST) vest?
The 41,970 RSUs vest in full on the earlier of May 21, 2027, or immediately before the 2027 Annual Meeting. Vesting is contingent on Barkley’s continuous service as an eligible director through that vesting date, according to the filing footnote.
What is Michael Barkley’s total Honest Company (HNST) equity position after this grant?
After the grant, Barkley directly holds 305,358 Honest Company equity-based units. This total includes 79,606 RSUs that are payable in an equivalent number of common shares upon vesting, alongside his already-held shares of Honest Company common stock.
What conditions apply to the Honest Company (HNST) RSUs granted to director Barkley?
The RSUs will vest only if Barkley maintains continuous service as an eligible director until vesting. Vesting occurs on the earlier of May 21, 2027, or just before the 2027 Annual Meeting, meaning unvested units could be forfeited if service ends earlier.