[Form 4] The Honest Company, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jonathan Mayle, SVP Customer Sales at Honest Company (HNST), reported a sale of 4,806 shares of common stock on 08/20/2025 under a preapproved sell-to-cover plan to satisfy tax withholding on vested Restricted Stock Units (RSUs). The shares were sold at a weighted average price of $3.65, with transaction prices ranging $3.63–$3.65. After the sale, Mayle beneficially owns 298,146 shares, which include 273,069 outstanding RSUs payable in common stock. The Form 4 was executed by an attorney-in-fact on 08/21/2025 and notes the sale was solely to cover tax liabilities from vesting.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sold a small number of shares to cover RSU taxes; substantial RSU holding remains.
The reported disposition is routine: 4,806 shares were sold solely to satisfy tax obligations from RSU vesting under an approved plan, at a weighted average of $3.65. The filing discloses a meaningful remaining position of 298,146 shares, including 273,069 RSUs payable in stock, indicating continued alignment with equity compensation rather than a directional liquidity event. No derivative transactions or other dispositions are reported.
TL;DR: Transaction follows standard sell-to-cover procedures and raises no governance concerns based on disclosed facts.
The Form 4 explicitly states the sale occurred pursuant to an approved sell-to-cover plan by the Compensation Committee and was limited to tax withholding on vested awards. The disclosure includes price range and remaining beneficial ownership, and it was timely executed by an authorized representative. From a governance perspective, the filing is a routine compensation-related disclosure with no indications of noncompliance or extraordinary insider liquidity in the document.