RH announced that Chairman & CEO Gary Friedman completed the purchase of $10M of RH stock at an average price per share of $216.10 representing 46,274 shares. With this purchase, Friedman beneficially owns as of June 26, 2024, 5,051,337 shares, or 25.1% of the outstanding shares of RH common stock, based on 18,445,222 shares outstanding as of June 7, 2024, as reported in RH’s first quarter fiscal 2024 Form 10-Q. This represents an increase in Friedman’s beneficial ownership by 0.2%.
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