Chaya Eri, President and Chief Creative and Merchandising Officer of RH (NYSE:), recently sold a significant portion of the company’s stock. According to a recent SEC filing, Eri sold a total of 23,000 shares on January 14, 2025, with sales prices ranging from $425.35 to $429.20 per share. The transactions totaled approximately $10.66 million. The sale comes as RH’s stock has shown remarkable strength, delivering a 66% return over the past year, though InvestingPro analysis indicates the stock may be trading above its Fair Value with a notably high P/E ratio of 113.5.
Prior to these sales, Eri exercised options to acquire 25,000 shares at a price of $39.42 per share, valued at $985,500. Following these transactions, Eri directly owns no shares but retains indirect ownership of 23,643 shares through the Chaya-Smith Revocable Trust. These sales were conducted under a pre-arranged 10b5-1 trading plan. With RH’s market capitalization…
