Form 4: RH Director Mark Demilio Receives Restricted Stock Grant
Insider Transaction Report
RH Director Mark Demilio was granted 670 shares of restricted common stock, which will vest in full on the one-year anniversary of the grant date.
Summary
- Mark S. Demilio, a Director of RH, acquired 670 shares of RH Common Stock.
- The acquisition occurred on June 26, 2025, and was an award of restricted stock with a price of $0 per share.
- These 670 shares will vest in full on the one-year anniversary of the grant date, which is June 26, 2026.
- Following this transaction, Mr. Demilio directly owns 12,717 shares of Common Stock.
- Additionally, he indirectly owns 9,914 shares through The Mark S. Demilio Revocable Trust and 19,425 shares through The Theresa E. Demilio 2012 Family Trust, totaling 42,056 shares beneficially owned.
Sentiment
Score: 7
Explanation: The grant of restricted stock to a director is a positive signal of alignment between management and shareholder interests, although it is a routine compensation event rather than a strategic announcement.
Positives
- Grant of 670 shares of restricted common stock to Director Mark S. Demilio, aligning his interests with long-term shareholder value.
Future Outlook
The 670 shares of restricted stock granted to Director Mark S. Demilio are scheduled to vest in full on the one-year anniversary of the grant date, which is June 26, 2026.
Industry Context
This filing details a routine insider equity compensation event, which is a common practice across various industries to align the interests of directors and executives with those of shareholders.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Mark Demilio executed a Power of Attorney on June 25, 2025, appointing Jack Preston, Christina Hargarten, Jill Falor, and Terri McGrath as attorneys-in-fact to prepare, execute, and file Forms 3, 4, and 5 with the SEC on his behalf. | 06/25/2025 | Streamlines the process for Mr. Demilio's compliance with Section 16(a) of the Securities Exchange Act of 1934 by delegating filing responsibilities to designated individuals. |
Related Party Transactions
- Indirect beneficial ownership of 9,914 shares through The Mark S. Demilio Revocable Trust.
- Indirect beneficial ownership of 19,425 shares through The Theresa E. Demilio 2012 Family Trust, of which Mr. Demilio is a beneficiary and Co-Trustee.
Stakeholder Impact
- Shareholders: The grant of restricted stock to a director helps align the director's financial interests with the long-term performance of the company, potentially benefiting shareholders.
Next Steps
- Vesting of 670 restricted shares on June 26, 2026.
Key Dates
| Date | Description |
|---|---|
| 06/25/2025 | Power of Attorney executed by Mark Demilio, authorizing specific individuals to file Section 16 reports on his behalf. |
| 06/26/2025 | Date of restricted stock grant to Mark S. Demilio. |
| 06/30/2025 | Date the Form 4 was signed by Jill Falor, Attorney-in-Fact. |
| 06/26/2026 | Expected vesting date for the 670 restricted stock shares (one-year anniversary of grant date). |
Keywords
RH, Restoration Hardware, Mark Demilio, Director, Stock Grant, Restricted Stock, Insider Transaction, SEC Form 4, Equity Compensation
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