Bruce Curtiss James III 4

What Happened

• Bruce Curtiss James III, Chief Financial Officer of Honest Company (HNST), was granted 335,946 restricted stock units (RSUs) on February 24, 2026. The Form 4 reports the acquisition price as $0.00 (award/grant), so there was no cash transaction recorded.

Key Details

• Transaction date and type: 2026-02-24 — Award/Grant of RSUs (transaction code A).
• Shares/units granted: 335,946 RSUs; reported acquisition price: $0.00 (grant).
• Shares owned after transaction: the filing does not list a total post-transaction common stock holding; however, footnote F2 states “Includes 538,826 RSUs which are payable in an equivalent number of shares,” indicating additional RSUs attributable to the reporting person.
• Vesting and payout (footnote 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 continued service. RSUs are payable in shares of common stock.
• Filing timeliness: Form filed Feb 26, 2026 for a Feb 24, 2026 transaction — appears to be filed within the standard two-business-day window.

Context

• RSU grants are compensation/retention awards, not open-market purchases or sales. They do not represent immediate cash proceeds or share sales; value is realized only as RSUs vest and are converted to shares. This filing documents the grant and vesting schedule rather than a market transaction.