BAYNE KATIE J 4

What Happened
Katie J. Bayne, a director of Honest Company, received an award of 41,970 restricted stock units (RSUs) on 2026-05-21. The RSUs were granted at $0.00 (no cash paid) and are reported as an acquisition-type award (code A). The filing shows no immediate cash value reported for the grant; the economic value will depend on HNST’s share price if and when the RSUs vest and convert to shares.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely filing).
• Transaction type/code: Award/Grant (A). Price per share: $0.00. Number of RSUs: 41,970. Reported aggregate amount: $0.
• Shares owned after the transaction: not specified in the filing.
• Footnote F1: The 41,970 RSUs vest in full on the earlier of (a) May 21, 2027, or (b) immediately prior to the 2027 Annual Meeting, subject to the director’s continuous service on the vesting date.
• Footnote F2: The filing notes inclusion of 62,655 RSUs payable in an equivalent number of common shares (this appears to reference RSU holdings/payable amounts disclosed in the filing).

Context
RSUs are a compensation grant, not an open-market purchase or sale; they convert into shares only upon vesting and are commonly used to align directors with shareholder interests. This grant does not indicate an immediate buy or sell—its eventual value depends on Honest Company’s stock price at vesting and any applicable tax withholding or conversion mechanics.