Research Summary
AI-generated summary of this SEC filing
RH Director Mark S. Demilio Sells 2,445 Shares
What Happened Mark S. Demilio, a director of RH (RH), sold a total of 2,445 shares in open‑market transactions on July 10, 2026. The sales comprised 1,309 shares reported at a weighted average price of $167.95 (≈ $219,842) and 1,136 shares at $169.00 (≈ $191,984), for combined proceeds of about $411,826. These were outright sales (code S), which are typically routine disposals rather than indications of company outlook.
Key Details
- Transaction date: 2026-07-10 (open‑market sales, code S).
- Prices reported: weighted avg $167.95 for the 1,309‑share lot (individual trades ranged $167.61–$168.01 per F1); $169.00 for the 1,136‑share lot.
- Total shares sold: 2,445; total proceeds ≈ $411,826.
- Shares owned after the transaction: Not specified in the provided filing.
- Filing: Form 4 filed 2026-07-13 (filed within the normal reporting window).
- Relevant footnotes: F1 notes multiple trades/prices for the first sale and availability of detailed breakdown on request; F2–F4 explain certain shares are or were held in family/revocable trusts (The Mark S. Demilio Revocable Trust and The Theresa E. Demilio 2012 Family Trust) and that 2,295 shares were contributed to the revocable trust.
Context These sales were open‑market disposals by a director and do not on their own indicate management sentiment about RH. The filing shows some holdings are held via family and revocable trusts, which is common for estate and tax planning and can affect how ownership is reported.