Vernon Carla 4

What Happened
Carla Vernon, Chief Executive Officer of Honest Company, was granted 1,293,393 restricted stock units (RSUs) on February 24, 2026. The award shows an acquisition price of $0.00 (typical for RSU grants), so no cash was paid. RSUs are payable in an equivalent number of shares of the company’s common stock when they vest. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: February 24, 2026 (Form 4 filed Feb 26, 2026).
• Transaction type/code: Award/Grant (A). Price reported: $0.00; total acquired: 1,293,393 RSUs.
• Vesting: RSUs vest over four years — 25% on Feb 19, 2027, then the remainder in 12 equal quarterly installments on each Feb 19, May 19, Aug 19 and Nov 19 thereafter, contingent on continuous service. (See footnote F1.)
• Holdings note: Footnote F2 states holdings include 3,165,660 RSUs payable in shares. The filing does not list a cash sale or tax-withholding disposition tied to this grant.
• Timeliness: Filing was made two days after the transaction date (appears timely). No 10b5-1 plan or late filing flag reported.

Context
RSU grants are common executive compensation and do not represent an immediate buy or sell of stock; value is realized only as RSUs vest and convert to shares (and are typically taxable upon vesting). For retail investors, new awards indicate compensation alignment with the company but are not direct signals of buying or selling pressure.