Ball Dorria L. 4

What Happened

• Dorria Ball, Chief People Officer of Honest Company (HNST), received an award of 184,770 restricted stock units (RSUs) on 2026-02-24. The award was granted at $0.00 per share (no cash exchanged). The RSUs convert into an equivalent number of common shares when they vest.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26 (filed promptly).
• Grant: 184,770 RSUs; grant price shown as $0.00 (typical for equity awards).
• Vesting: 25% vests 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 (per footnote F1).
• Holdings note: filing references 391,796 RSUs payable in shares (footnote F2). The form does not list a separate “shares owned after” total beyond the RSU disclosure.
• No indication of a sale, purchase of open‑market shares, 10b5‑1 plan, or tax‑withholding sale in this filing.

Context

• RSU awards are compensation and don’t represent an out‑of‑pocket purchase by the insider; they vest over time and become company shares only upon vesting. Such grants are common for executive pay and should be viewed as compensation rather than a direct bullish or bearish market signal.