Stephen Winchell - 07 Mar 2025 Form 4 Insider Report for Honest Company, Inc. (HNST)

Signature
/s/ Brendan Sheehey, Attorney-in-Fact
Issuer symbol
HNST
Transactions as of
07 Mar 2025
Net transactions value
-$116,013
Form type
4
Filing time
10 Mar 2025, 16:30:46 UTC
Previous filing
03 Mar 2025
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Sale $116,013 -23,628 -5% $4.91 451,844 07 Mar 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to the approved sell-to-cover plan by the Compensation Committee for all executive officers, shares were sold solely to cover the associated tax liability upon the vesting of a previously granted award of Restricted Stock Units (RSUs).
F2 Includes 340,549 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.