RH (NYSE: RH) director exercises options and sells 7,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RH director and officer Chaya Eri exercised stock options for 7,000 shares of common stock at an exercise price of $39.4200 per share, then sold all 7,000 shares in open-market transactions on March 17, 2026.
The sales were executed in three tranches: 2,700 shares at a weighted average price of $134.5044, 3,292 shares at $135.7018, and 1,008 shares at $136.3972, under a Rule 10b5-1 trading plan adopted on October 7, 2024. After these transactions, Eri holds 43,000 stock options directly and 23,643 shares of common stock indirectly through the Chaya-Smith Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares ($947,381)
Net Sell
6 txns
Insider
Chaya Eri
Role
SEE REMARKS
Sold
7,000 shs ($947K)
| 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 | 2,700 | $134.5044 | $363K |
| Sale | Common Stock | 3,292 | $135.7018 | $447K |
| Sale | Common Stock | 1,008 | $136.3972 | $137K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 43,000 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 $134.10 to $135.06. 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 $135.12 to $136.11. 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 $136.15 to $136.74. 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 insider Chaya Eri do in this Form 4 filing?
Chaya Eri exercised options for 7,000 RH common shares at $39.4200 each and sold all 7,000 shares in open-market trades. The filing details an exercise-and-sell sequence executed on March 17, 2026, rather than a net new share purchase.
Was the RH insider sale by Chaya Eri under a Rule 10b5-1 plan?
Yes. The Form 4 states the RH share sales were effected under a Rule 10b5-1 trading plan adopted by Chaya Eri on October 7, 2024. Such plans pre-schedule trades, indicating the timing was established in advance rather than decided opportunistically.
What RH holdings does Chaya Eri report after these transactions?
Following the reported transactions, Chaya Eri holds 43,000 RH stock options directly and 23,643 RH common shares indirectly. The indirect shares are held through the Chaya-Smith Revocable Trust, while direct common stock holdings from the exercised lot were fully sold.
What type of derivative security did Chaya Eri exercise in RH?
Chaya Eri exercised a "Stock Option (Right to Buy)" covering 7,000 RH common shares at an exercise price of $39.4200 per share. The Form 4 notes this option award is fully vested and exercisable, and 43,000 options remain held directly afterward.
How does this RH Form 4 characterize the sales made by Chaya Eri?
The Form 4 characterizes the transactions as open-market sales of RH common stock, coded "S" for sale. It notes that each sale tranche was executed in multiple trades, with reported figures representing weighted average sale prices within specified price ranges.