Sheehey Brendan 4

What Happened
Brendan Sheehey, General Counsel of Honest Company, was granted 191,489 restricted stock units (RSUs) on February 24, 2026. The award is recorded at $0.00 per share (typical for RSU grants), meaning no cash was exchanged at grant. The RSUs convert to an equivalent number of common shares upon vesting.

Key Details

• Transaction date: 2026-02-24 (Form filed 2026-02-26; filed within the usual two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 191,489 RSUs; grant price shown as $0.00.
• Shares owned after transaction: Not explicitly stated in the provided excerpt; filing footnote indicates inclusion of 439,449 RSUs payable in shares.
• Vesting/conditions (footnote): 25% vest on Feb 19, 2027; remaining 75% vests in 12 equal quarterly installments on each Feb 19, May 19, Aug 19 and Nov 19 thereafter, subject to continuous service per the 2021 Equity Incentive Plan.
• No indications of a 10b5-1 plan, tax-withholding sale, or immediate sale of shares in this filing.

Context
RSU grants are a form of compensation and become actual shares only as they vest; they do not represent an immediate purchase or sale. Because this is a grant (not an open-market buy/sell), it primarily reflects company compensation decisions rather than an insider trading signal. Continuous service is required for vesting, so future ownership depends on employment/service through vesting dates.