RH (NYSE: RH) CFO awarded 25,000 long-term stock options at $130.72
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RH reported that its Chief Financial Officer, Jack M. Preston, received a grant of stock options covering 25,000 shares of common stock. The options have an exercise price of $130.72 per share and expire on April 13, 2036, providing long-term, performance-linked compensation.
According to the disclosure, the award vests over seven years, with 10% of the options vesting on each of the first three anniversaries of the grant date, 15% on each of the fourth and fifth anniversaries, and 20% on each of the sixth and seventh anniversaries, subject to continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Preston Jack M
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 25,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 25,000 shares (Direct)
Footnotes (1)
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Key Figures
Options Granted: 25,000 options
Exercise Price: $130.72 per share
Expiration Date: April 13, 2036
+3 more
6 metrics
Options Granted
25,000 options
Stock option award to CFO Jack M. Preston
Exercise Price
$130.72 per share
Stock option exercise price for RH common stock
Expiration Date
April 13, 2036
Option term end date
Post-grant option holdings
25,000 options
Total options held following this grant
Initial vesting rate
10% per year
Each of first three anniversaries, subject to service
Later vesting rates
15% then 20%
15% in years four and five; 20% in years six and seven
Key Terms
Stock Option (Right to Buy), exercise price, vest and become exercisable, continuous service
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 130.7200"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest and become exercisable financial
"This stock option award will vest and become exercisable over seven years"
continuous service financial
"subject to continuous service"
FAQ
What did RH (RH) disclose about CFO Jack Preston’s equity compensation?
RH disclosed that CFO Jack M. Preston received a stock option grant for 25,000 shares of common stock at a $130.72 exercise price, expiring April 13, 2036. This award aligns his compensation with long-term shareholder value through future share price performance.
How many RH (RH) stock options were granted to the CFO?
The CFO received a grant of 25,000 stock options linked to RH common stock. These options give him the right to buy shares at a fixed $130.72 exercise price before April 13, 2036, if vesting and service conditions are satisfied over time.
What is the exercise price and expiration date of the RH (RH) CFO’s options?
The stock options granted to RH’s CFO carry a $130.72 per share exercise price and expire on April 13, 2036. This fixed price means potential value depends on RH’s future market price exceeding that level during the option term.
How do the RH (RH) CFO’s stock options vest over time?
The options vest gradually over seven years, subject to continuous service. Ten percent vest on each of the first three anniversaries, 15% on the fourth and fifth anniversaries, and 20% on the sixth and seventh anniversaries, encouraging long-term retention and alignment with company performance.
Is the RH (RH) CFO’s stock option grant an open-market purchase or a compensation award?
The transaction is a compensation-related stock option grant, not an open-market share purchase. It reflects an award from RH with a $130.72 exercise price, giving the CFO potential future ownership if the options vest and are exercised.