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Honest Company, Inc.·4

Feb 26, 4:21 PM ET

Winchell Stephen 4

Research Summary

AI-generated summary

Updated

Honest Company (HNST) Chief Innovation Officer Receives RSU Award

What Happened
Stephen Winchell, Chief Innovation Officer of Honest Company (HNST), received a grant of 191,489 restricted stock units (RSUs) on February 24, 2026. The award was recorded at $0.00 per share (RSUs are granted, not purchased), so there was no cash transaction. RSUs will convert into an equivalent number of common shares when they vest.

Key Details

  • Transaction date and type: 2026-02-24 — Award/Grant (code A) of 191,489 RSUs at $0.00.
  • Filing date/accession: Form 4 filed 2026-02-26 (two days after the transaction) — appears timely.
  • Shares owned after transaction: Not explicitly stated on the Form 4; a footnote indicates inclusion of 444,422 RSUs that are payable in shares.
  • Notable footnotes:
    • F1: RSUs vest over four years — 25% vest on Feb 19, 2027, then the remainder vests in 12 equal quarterly installments on Feb 19, May 19, Aug 19 and Nov 19 thereafter, subject to continuous service.
    • F2: Filing notes inclusion of 444,422 RSUs payable in common stock.

Context
RSU grants are compensation awards that vest over time and do not involve an immediate cash purchase or sale; they aren't direct indications of buying/selling sentiment. Once vested, the RSUs convert into shares that the insider can own or sell according to company policy and applicable securities rules.