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RH Chairman & CEO Gary Friedman Reports the Sale of a Small Portion of His RH Common Stock Ownership Position

RH
  • RH Chairman & CEO Gary Friedman sold 125,000 shares of RH common stock between July 6, 2026, & July 8, 2026.
  • Following the sale, Friedman retains beneficial ownership of 4,926,337 shares, representing approximately 23.88% of RH's common stock.
  • Friedman stated the sale was conducted to fund improvements to personal residences & to repay balances under personal line of credit borrowings.
  • Friedman's previous sales occurred in 2022, 2019, & 2013, while he has purchased shares on seven occasions between September 2014 & June 2024.
  • Friedman affirmed his continued commitment to RH & confidence in the company's strategy & growth prospects despite the sale.
  • A Form 4 & Schedule 13D/A will be filed with the SEC regarding the transaction.