RH (NYSE: RH) CEO Gary Friedman sells 125,000 shares, keeps major stake
Rhea-AI Filing Summary
RH reported that Chairman and CEO Gary Friedman sold an aggregate of 125,000 shares of RH common stock between July 6 and July 8, 2026. After these transactions, he continues to hold beneficial ownership of 4,926,337 shares, representing approximately 23.88% of RH’s common stock based on 18,926,221 shares outstanding.
Mr. Friedman indicated the sales were made to fund improvements to personal residences and repay balances under personal line of credit borrowings. He emphasized that his RH holdings remain his largest ownership position and the vast majority of his net worth, expressing ongoing commitment to RH and confidence in its strategy and growth prospects.
Positive
- None.
Negative
- None.
8-K Event Classification
Key Figures
Key Terms
beneficial ownership financial
Schedule 13D/A regulatory
forward-looking statements regulatory
Private Securities Litigation Reform Act of 1995 regulatory
Rule 13d-3 regulatory
FAQ
What is Gary Friedman’s remaining RH (RH) ownership after the sale?
What does Gary Friedman say about his commitment to RH (RH) after this sale?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Item 7.01. | Regulation FD Disclosure. |
On July 8, 2026, RH issued a press release regarding the sale of shares by Gary Friedman, the Chairman & Chief Executive Officer of RH. A copy of the press release is furnished hereto as Exhibit 99.1.
The information furnished with this report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits. |
Exhibit | | Description |
99.1 | | RH Press Release dated July 8, 2026. |
104 | Cover Page Interactive Data File––the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Dated: July 8, 2026 | By: | /s/ Jack Preston |
| Jack Preston | |
| Chief Financial Officer | |
Exhibit 99.1
RH CHAIRMAN & CEO GARY FRIEDMAN REPORTS THE SALE OF A SMALL PORTION OF HIS RH COMMON STOCK OWNERSHIP POSITION
CORTE MADERA, CA—(BUSINESS WIRE)—July 8, 2026—RH (NYSE:RH) announced today that Chairman & Chief Executive Officer Gary Friedman sold an aggregate of 125,000 shares of RH common stock from July 6, 2026 through July 8, 2026. Following this sale, Mr. Friedman retains beneficial ownership of 4,926,337 shares, representing beneficial ownership of approximately 23.88%(1) of RH’s common stock.
Mr. Friedman reported that the current sale of shares was made in order to fund (1) improvements to personal residences; and (2) the repayment of balances under personal line of credit borrowings.
Mr. Friedman’s last sales of shares of RH common stock in 2022 were made to pay the exercise price of his expiring IPO and July 2013 stock option grants and related tax obligations from the exercises. Prior to that, Mr. Friedman sold shares in December 2019, and in 2013. Mr. Friedman has reported purchases of shares of common stock in open market transactions on seven different occasions from September 2014 to June 2024.
Mr. Friedman stated: “I have been a buyer of RH shares for a significant period of time and have sold shares now solely to satisfy certain financial obligations. My shares continue to represent the largest ownership position in RH and the vast majority of my net worth, reflecting my continued commitment to RH and confidence in the Company’s strategy and growth prospects.”
A Form 4 and Schedule 13D/A will be filed with the Securities and Exchange Commission in connection with Mr. Friedman’s sale transaction.
About RH
RH (NYSE: RH) is a global curator of design, taste and style in the luxury lifestyle market. Operating across the United States, Canada, the United Kingdom and Europe, the Company offers collections through its retail galleries, sourcebooks and online at RH.com, with integrated hospitality experiences in galleries throughout the United States and internationally.
Forward Looking Statements
Some of the statements in this press release are forward-looking and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release. Such forward-looking statements include statements relating to Mr. Friedman’s purchase and sale of shares of RH common stock as well as his continued commitment to RH and confidence in RH’s strategy and growth prospects. The forward-looking statements in this press release speak only as of the date of this press release and are subject to uncertainty and changes. Given these circumstances, you should not place undue reliance on these forward-looking statements. RH expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such forward-looking statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based.
Contact
PRESS
truthgroup@RH.com
INVESTOR RELATIONS
Allison Malkin, 203.682.8225, allison.malkin@icrinc.com
(1) Determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1933, as amended, based on 18,926,221 shares of common stock outstanding.