Gary G. Friedman, Chairman and CEO of RH (RH), has sold a significant number of shares in the company, totaling approximately $11.71 million. The transactions occurred on July 8, 2026.
The sales were executed in multiple tranches. Friedman sold 39,271 shares at an average price of $169.04, amounting to $6.64 million. Additionally, he sold another 29,798 shares at an average price of $170.07, totaling $5.07 million.
While insider sales can be attributed to various reasons such as diversification or tax planning, the aggregated volume of these transactions by a key executive may draw investor attention.