RH (RH) director exercises options and sells 7,000 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RH director and officer Chaya Eri reported an option exercise and related share sales. Eri exercised 7,000 stock options at an exercise price of $39.42 per share, receiving 7,000 shares of common stock. On the same day, she sold 7,000 common shares in multiple open-market transactions at weighted average prices between roughly $127.96 and $130.74 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on October 7, 2024. Following these transactions, no direct common stock holdings are reported, while 23,643 shares are reported as held indirectly by the Chaya-Smith Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares ($905,950)
Net Sell
7 txns
Insider
Chaya Eri
Role
SEE REMARKS
Sold
7,000 shs ($906K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 7,000 | $0.00 | -- |
| Exercise | Common Stock | 7,000 | $39.42 | $276K |
| Sale | Common Stock | 822 | $127.9594 | $105K |
| Sale | Common Stock | 2,483 | $128.7428 | $320K |
| Sale | Common Stock | 2,177 | $129.8314 | $283K |
| Sale | Common Stock | 1,518 | $130.7354 | $198K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 36,000 shares (Direct);
Common Stock — 7,000 shares (Direct);
Common Stock — 23,643 shares (Indirect, By Trust)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 7, 2024. This transaction was executed in multiple trades ranging from $127.27 to $128.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein. This transaction was executed in multiple trades ranging from $128.29 to $129.21. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein. This transaction was executed in multiple trades ranging from $129.30 to $130.28. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein. This transaction was executed in multiple trades ranging from $130.38 to $131.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein. Held by the Chaya-Smith Revocable Trust. This option award is fully vested and exercisable.
FAQ
What did RH director Chaya Eri report in this Form 4 for RH?
Chaya Eri reported exercising 7,000 stock options at $39.42 per share and selling 7,000 common shares in open-market trades. The filing also shows indirect ownership of 23,643 shares held by the Chaya-Smith Revocable Trust.
What options did Chaya Eri exercise in RH according to the Form 4?
Eri exercised 7,000 stock options to buy RH common stock at an exercise price of $39.42 per share. A footnote notes that this option award is fully vested and exercisable, and all 7,000 underlying shares were acquired and then sold.
Was the RH stock sale by Chaya Eri under a Rule 10b5-1 plan?
Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted on October 7, 2024. Such plans pre-schedule trades, indicating these dispositions were made pursuant to an established trading arrangement.
How many RH derivative securities remain for Chaya Eri after this Form 4?
The derivative summary in the data provided is empty, indicating no remaining derivative positions are reported in this Form 4. The filing shows one option exercise of 7,000 options, with all underlying shares acquired and then sold on the same date.