Honest Company (HNST) GC sells 22,556 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,556 shares ($64,285)
Net Sell
1 txn
Insider
Sheehey Brendan
Role
General Counsel
Sold
22,556 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,556 | $2.85 | $64K |
Holdings After Transaction:
Common Stock — 725,672 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 383,568 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
What did Honest Company (HNST) General Counsel Brendan Sheehey report in this Form 4?
Brendan Sheehey reported selling 22,556 shares of Honest Company common stock. The transaction occurred on March 5, 2026 and reflects an open-market sale executed under an approved executive sell-to-cover plan for tax withholding on vested RSUs.
What does the weighted average price mean in Brendan Sheehey’s Honest Company (HNST) trade?
The reported $2.85 price is a weighted average across multiple trades. A footnote clarifies that shares were sold in several transactions between $2.85 and $2.87, and full trade details are available to the issuer or SEC staff upon request.
Does Brendan Sheehey’s Honest Company (HNST) filing mention his role and ownership type?
Yes. The filing identifies Brendan Sheehey as an officer with the title General Counsel. The reported holdings after the sale are classified as direct ownership, indicating the shares and RSUs are held directly in his name rather than through an intermediary entity.