secwatch.observer — SEC 8-K summary
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Issuer:     Honest Company, Inc. (HNST)
CIK:        0001530979
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001530979-22-000138
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Honest Company appoints Carla Vernón as CEO; Nick Vlahos steps down but remains on board
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- Carla Vernón, former Amazon VP and General Mills exec, becomes CEO effective Jan 9, 2023.
- Vernón: $725K base, 100% target bonus, $5.17M RSUs, $833K signing bonus, $225K relocation.
- Vlahos to receive 24 months salary, prorated 2023 bonus, and $1.9M consulting fee for transition through May 2023.
- Vernón is one of the only Afro-Latina CEOs at a U.S. public company; Honest's board >50% women & people of color.
- Company reaffirms H1 2023 revenue growth outlook of 7-10% from prior Q3 earnings release (Nov 10, 2022).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530979/000153097922000138/0001530979-22-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530979/000153097922000138/hnst-20221209.htm
  HTML page:      https://secwatch.observer/filing/0001530979-22-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer