CEO Friedman purchases 46,274 shares for $10.0M total across 6 transactions on 2024-06-25 to 2024-06-26
GARY G FRIEDMAN, Chairman & CEO of RH, executed 6 separate purchases totaling 46,274 shares for $9,999,977.67 at a blended average price of $216.10 over two trading days (2024-06-25 to 2024-06-26). This represents a 1.4% increase in his post-transaction holdings to 3,351,337 shares. The transaction occurred when RH's stock was -40.4% below its 52-week high of $401.84, -4.5% over the prior 30 days, and -31.3% over 90 days. The company reported $-3.6M net income on $727.0M quarterly revenue and -15.6% annual revenue decline, reflecting material operational headwinds. The precise round-number total ($9,999,977.67 ≈ $10.0M) across multiple discrete transactions suggests a deliberate capital allocation decision by the CEO during a period of both stock weakness and negative earnings.