Lynch Alissa Hsu 4

What Happened
Alissa Hsu Lynch, a director of Honest Company, received an award of 41,970 restricted stock units (RSUs) on 2026-05-21. The grant price is reported as $0.00 (total grant value $0 at issuance). RSUs are a form of equity compensation that convert into shares upon vesting rather than an immediate purchase.

Key Details

• Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (timely; Form 4s are generally due within 2 business days).
• Transaction type/code: A (Award/Grant).
• Quantity: 41,970 RSUs granted at $0.00 per unit (reported acquisition value $0).
• Vesting (Footnote F1): RSUs vest in full on the earlier of (a) May 21, 2027, or (b) the date immediately before the 2027 Annual Meeting, subject to Lynch’s continuous service.
• Footnote F2: Filing notes inclusion of 79,606 RSUs payable in an equivalent number of common shares (as disclosed in the filing).
• Shares owned after transaction: not specified in the provided excerpt.
• No indication in the filing of tax withholding, a 10b5-1 plan, or immediate sale of underlying shares.

Context
RSU grants are routine director compensation and do not represent an immediate cash purchase or sale. They only convert into company shares if/when vesting conditions are met, so they are different from an open-market purchase (which some investors view as a stronger near-term bullish signal). This filing is informational and timely under SEC reporting rules.