Honest Company exec sells 6,236 shares at $3.14
Honest Company, Inc. senior vice president of customer sales, Jonathan Mayle, reported an open-market sale of 6,236 shares of common stock at a weighted average price of $3.14 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Honest Company, Inc. senior vice president of customer sales, Jonathan Mayle, reported an open-market sale of 6,236 shares of common stock at a weighted average price of $3.14 per share. According to the disclosure, the sale was made solely to cover tax liabilities triggered by the vesting of a previously granted award of Restricted Stock Units under an approved sell-to-cover plan for all executive officers. After this transaction, Mayle directly holds 449,155 shares of Honest Company common stock, including 369,282 RSUs that will settle in an equivalent number of shares when they vest.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,236 | $3.14 | $20K |
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 $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.
- F3. Includes 369,282 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
sell-to-cover plan financial
Compensation Committee financial
weighted average price financial
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