STOCK TITAN

Honest Company (HNST) General Counsel sells 9,784 shares to cover RSU tax

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Honest Company, Inc. General Counsel Brendan Sheehey sold 9,784 shares of common stock on May 20, 2026 at a weighted average price of $3.14 per share. According to the company’s approved sell-to-cover plan, the sale was made solely to cover tax liabilities from vesting Restricted Stock Units.

After this transaction, Sheehey directly holds 715,888 shares of common stock, including 356,993 RSUs that will settle in an equivalent number of shares.

Positive

  • None.

Negative

  • None.
Insider Sheehey Brendan
Role General Counsel
Sold 9,784 shs ($31K)
Type Security Shares Price Value
Sale Common Stock 9,784 $3.14 $31K
Holdings After Transaction: Common Stock — 715,888 shares (Direct, null)
Footnotes (1)
  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 356,993 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Shares sold 9,784 shares Common stock sale on May 20, 2026
Average sale price $3.14 per share Weighted average price for the 9,784 shares sold
Sale price range $3.14–$3.19 per share Range of prices for multiple sale transactions
Shares held after transaction 715,888 shares Direct common stock holdings following the sale
Restricted Stock Units held 356,993 RSUs RSUs payable in an equivalent number of common shares
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sheehey Brendan

(Last)(First)(Middle)
12130 MILLENNIUM DRIVE, SUITE 500

(Street)
LOS ANGELES CALIFORNIA 90094

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Honest Company, Inc. [ HNST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026S9,784(1)D$3.14(2)715,888(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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).
2. 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.
3. Includes 356,993 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Remarks:
/s/ Brendan Sheehey, Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Honest Company (HNST) report for Brendan Sheehey?

Honest Company reported that General Counsel Brendan Sheehey sold 9,784 shares of common stock. The shares were sold under an approved sell-to-cover plan to pay taxes arising from the vesting of a prior Restricted Stock Unit award, rather than as a discretionary sale.

At what price did Brendan Sheehey sell Honest Company (HNST) shares?

Brendan Sheehey sold 9,784 Honest Company shares at a weighted average price of $3.14 per share. The shares were sold in multiple trades within a price range from $3.14 to $3.19, according to the transaction footnote in the Form 4 filing.

Was Brendan Sheehey’s HNST share sale part of a tax sell-to-cover plan?

Yes. The Form 4 states the sale was under an approved sell-to-cover plan for executive officers. Shares were sold solely to cover tax liabilities triggered by the vesting of a previously granted Restricted Stock Unit award, indicating a mechanistic tax-related transaction.

How many Honest Company (HNST) shares does Brendan Sheehey hold after the sale?

Following the sale, Brendan Sheehey holds 715,888 shares of Honest Company common stock. This total includes 356,993 Restricted Stock Units, which will be settled in an equivalent number of common shares upon vesting and settlement as described in the Form 4 footnotes.

What are the details of Brendan Sheehey’s Restricted Stock Units in HNST?

The Form 4 notes that Brendan Sheehey holds 356,993 Restricted Stock Units. Each RSU is payable in one share of Honest Company common stock, meaning these units will convert into an equal number of shares when they vest and are settled in accordance with award terms.