Honest Company (HNST) CPO sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,099 shares ($43,032)
Net Sell
1 txn
Insider
Ball Dorria L.
Role
Chief People Officer
Sold
15,099 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,099 | $2.85 | $43K |
Holdings After Transaction:
Common Stock — 432,295 shares (Direct)
Footnotes (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 $2.85 to $2.87, 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 356,348 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
What insider transaction did Honest Company (HNST) disclose for Dorria L. Ball?
Honest Company reported that Chief People Officer Dorria L. Ball sold 15,099 shares of common stock at a weighted average price of $2.85 on March 5, 2026. The sale was part of a sell-to-cover plan tied to restricted stock unit vesting.
What are the RSUs mentioned in the Honest Company (HNST) insider filing?
The filing states that 356,348 of Dorria L. Ball’s reported holdings are restricted stock units, or RSUs. Each RSU is payable in one share of Honest Company common stock, meaning they convert into shares upon vesting subject to the award’s conditions.