The Honest Company, Inc. is holding its 2026 Annual Meeting of Stockholders on May 21, 2026 at 8:30 a.m. Central Time via live webcast only. Stockholders of record as of March 31, 2026, when 112,331,837 shares were outstanding, may vote online or by proxy.
Stockholders will vote on electing three Class II directors – Jessica Alba, Alissa Hsu Lynch and Andrea A. Turner – to terms ending in 2029, and on ratifying PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2026. The proxy also outlines board structure, committee responsibilities, ESG oversight and detailed 2025 executive compensation, including $4.1 million in total pay for CEO Carla Vernón, primarily in stock-based awards and incentive compensation.
The Honest Company, Inc. entered into an amendment to its existing credit agreements, updating its senior secured revolving credit facility. The amended facility provides up to $35.0 million in revolving borrowing capacity and now matures on March 31, 2029.
The facility includes a letter of credit sublimit of up to $15.0 million, with $1.5 million in letters of credit outstanding as of March 31, 2026. An uncommitted accordion feature may increase total revolving commitments by up to an additional $35.0 million, for potential commitments of $70.0 million.
Interest will be based on either the Adjusted Term SOFR Rate plus a margin of 1.75%–2.25% or a CB floating rate with smaller margins, determined by the Company’s leverage ratio. The debt is secured by substantially all domestic assets and is subject to covenants, including minimum fixed charge coverage and maximum total leverage ratios. The Company had not borrowed under the facility as of March 31, 2026.
The Vanguard Group filed an amendment to its Schedule 13G reporting beneficial ownership of 0 shares (0%) of Honest Co Inc's common stock. The filing states that, following an internal realignment on January 12, 2026, certain Vanguard subsidiaries will report ownership separately in reliance on SEC Release No. 34-39538.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026, and confirms Vanguard and its managed accounts hold five percent or less of the class.
Honest Company SVP of Supply Chain von Kunssberg Etienne sold 16,602 shares of common stock at $2.75 per share in an open-market transaction. This was a relatively small sale compared with his remaining equity exposure.
After the transaction, he holds 292,108 restricted stock units, each payable in one share of Honest Company common stock, so his overall stake in the company remains substantial despite the sale.
Honest Company, Inc. executive Dorria L. Ball, Chief People Officer, reported an open-market sale of 15,099 shares of common stock on March 5, 2026 at a weighted average price of $2.85 per share.
According to the disclosure, the shares were sold under an approved sell-to-cover plan to cover tax liabilities arising from the vesting of previously granted restricted stock units. After this transaction, Ball directly holds 432,295 shares, which includes 356,348 RSUs that are payable in an equivalent number of Honest Company common shares.
Honest Company, Inc. executive Jonathan Mayle, SVP, Customer Sales, reported an open-market sale of 12,725 shares of common stock on March 5, 2026. Shares were sold under an approved sell-to-cover plan solely to pay taxes on the vesting of previously granted RSUs. The weighted average sale price was about $2.85 per share, from individual trades between $2.85 and $2.87. Following this tax-related sale, Mayle beneficially owns 455,391 shares, including 391,911 restricted stock units that will settle in an equivalent number of Honest Company shares.
Honest Company, Inc. General Counsel Brendan Sheehey reported an open-market sale of 22,556 shares of common stock on March 5, 2026. The shares were sold at a weighted average price of $2.85 per share, in transactions ranging from $2.85 to $2.87.
According to the company’s approved sell-to-cover plan for executive officers, the sale was made solely to cover tax liabilities arising from the vesting of a prior Restricted Stock Unit award. After this sale, Sheehey directly owned 725,672 shares, including 383,568 RSUs payable in an equal number of shares of common stock.
Honest Company, Inc. senior vice president Thomas Sternweis reported an open-market sale of 14,866 shares of common stock on March 5, 2026. According to the disclosure, the shares were sold solely to cover tax withholding on the vesting of a previously granted restricted stock unit award.
The weighted average sale price was $2.85 per share, with individual trades executed between $2.85 and $2.87. After these transactions, Sternweis directly owned 467,470 shares of Honest Company stock, including 349,154 restricted stock units that are payable in an equivalent number of shares.
Honest Company, Inc. Chief Executive Officer Carla Vernon sold 129,335 shares of common stock on March 5, 2026 in an open-market transaction at a weighted average price of $2.85 per share. According to the disclosure, the sale was made pursuant to an approved sell-to-cover plan and the shares were sold solely to cover tax liabilities arising from the vesting of previously granted restricted stock units.
After this transaction, Vernon beneficially owns 4,065,546 shares of Honest Company equity, including 2,819,261 restricted stock units that are payable in an equivalent number of common shares.
Honest Company, Inc. Senior Vice President of Supply Chain von Kunssberg Etienne sold 12,179 shares of common stock in an open-market transaction at a weighted average price of $2.85 per share. The sale was made solely to cover tax liabilities from vesting RSUs, and 308,710 shares remained held afterward, including 292,108 RSUs payable in shares.