Brendan Sheehey, General Counsel for Honest Company, Inc. (NASDAQ:HNST), sold 9,784 shares of the company’s common stock on May 20, 2026. The transactions amounted to a total of $30,721.
The shares were sold at prices ranging from $3.14 to $3.19 per share. According to the filing, these sales were executed as part of an approved "sell-to-cover" plan for executive officers, specifically to address tax liabilities associated with the vesting of previously granted Restricted Stock Units (RSUs).
Following these transactions, Mr. Sheehey directly holds 715,888 shares of Honest Company common stock, which includes 356,993 Restricted Stock Units payable in an equivalent number of shares. The stock has shown notable momentum recently, with a 35% return over the past six months, currently trading at $3.41. According to Bond.az analysis, the stock is trading near its Fair Value.
In other recent news, The Honest Company reported its first-quarter 2026 earnings, revealing a revenue of $78.1 million. This figure surpassed analyst forecasts of $76.24 million, indicating a positive surprise for investors. Despite a year-over-year revenue decline of 19.7%, the company showed underlying momentum with an organic revenue growth of 3.9%.
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