{"id":827195,"date":"2025-03-18T16:10:38","date_gmt":"2025-03-18T20:10:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-honest-company-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"modified":"2025-03-18T16:10:38","modified_gmt":"2025-03-18T20:10:38","slug":"the-honest-company-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-honest-company-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","title":{"rendered":"The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">LOS ANGELES, March  18, 2025  (GLOBE NEWSWIRE) &#8212; The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today announced that it made an inducement grant to Mr. Etienne von Kunssberg in connection with his employment as The Honest Company\u2019s new SVP, Supply Chain, effective February 24, 2025. Such grant was made under The Honest Company, Inc. 2023 Inducement Plan, which was approved and adopted on March 14, 2023, by the Company\u2019s Compensation Committee of the Board of Directors. The Compensation Committee granted Mr. von Kunssberg an aggregate of 115,122 restricted stock units under the 2023 Inducement Plan.<\/p>\n<p>The grant was approved by the Compensation Committee on March 16, 2025, pursuant to a delegation by the Board of Directors and was issued as an equity grant pursuant to Nasdaq Listing Rule 5635(c)(4), as an inducement material to Mr. von Kunssberg entering into employment with The Honest Company. The restricted stock units granted are subject to a vesting schedule commencing on March 16, 2025, with 25% of the restricted stock units vesting on March 4, 2026 and an additional 6.25% of the restricted stock units vesting on each quarterly vesting date thereafter, subject to Mr. von Kunssberg\u2019s continued employment.<\/p>\n<p>\n        <strong>About The Honest Company<\/strong><br \/>\n        <br \/>The Honest Company (NASDAQ: HNST) is a personal care company dedicated to creating cleanly-formulated and sustainably-designed products spanning categories across diapers, wipes, baby personal care, beauty, apparel, household care and wellness. Launched in 2012, the Company is on a mission to challenge ingredients, ideal, and industries through the power of the Honest brand, the Honest team, and the Honest Standard. For more information about the Honest Standard and the Company, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u5skxyeCt0s5g0JNKIjmhPHj1nS6TP9eT1QU4bV5bd9X2dTfuRaBbPJuuh1ndKhcxZi50u3QpKxuYojtoQ_T8w==\" rel=\"nofollow\" target=\"_blank\">www.honest.com<\/a>.<\/p>\n<p>\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Brenna Israel Mast<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-bMBIDLsr5-ho1qmhohGPLkAmB8Vl6qO01-cFaGyfJ0Bpff0FyQAmR5xFL0M_Qgn7PZAMZb-3-ng72_E3zOg3lI9Jl45mmZeqfPg7nDljz2xR6T3vVJBDJiRAmDWmqXy\" rel=\"nofollow\" target=\"_blank\">bisrael@thehonestcompany.com<\/a><\/p>\n<p>\n        <strong>Investor Inquiries:<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7LKH0cFntuk0Wrcbhetr4HFBxijEdbm4-ZJVS4T2rU6lomLwGFN3tHePWWetumT26nMb68-_vBtH9hDz6FflilsltyvqgWwQOy6wmSksFNjQy8btSBFlItJwultN2n6A\" rel=\"nofollow\" target=\"_blank\">investors@thehonestcompany.com<\/a>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5NjU3MCM2ODEyMjAwIzIyMDM1OTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YzVjN2FmMzktNGYwOS00NDk1LTkzZmItNjc4ZWQwZDgyMDZkLTEyMTUxNTAtMjAyNS0wMy0xOC1lbg==\/tiny\/The-Honest-Company-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) &#8212; The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today announced that it made an inducement grant to Mr. Etienne von Kunssberg in connection with his employment as The Honest Company\u2019s new SVP, Supply Chain, effective February 24, 2025. Such grant was made under The Honest Company, Inc. 2023 Inducement Plan, which was approved and adopted on March 14, 2023, by the Company\u2019s Compensation Committee of the Board of Directors. The Compensation Committee granted Mr. von Kunssberg an aggregate of 115,122 restricted stock units under the 2023 Inducement Plan. The grant was approved by the Compensation Committee on March 16, 2025, pursuant to a delegation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-honest-company-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-827195","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-honest-company-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) &#8212; The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today announced that it made an inducement grant to Mr. Etienne von Kunssberg in connection with his employment as The Honest Company\u2019s new SVP, Supply Chain, effective February 24, 2025. Such grant was made under The Honest Company, Inc. 2023 Inducement Plan, which was approved and adopted on March 14, 2023, by the Company\u2019s Compensation Committee of the Board of Directors. The Compensation Committee granted Mr. von Kunssberg an aggregate of 115,122 restricted stock units under the 2023 Inducement Plan. 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