4/A: RH Executive Eri Chaya Amends Ownership Filing
Form 4 Amendment
RH executive Eri Chaya has amended a prior SEC filing to accurately reflect stock option exercise and beneficial ownership details.
Summary
- Eri Chaya, President, Co-Chief Creative and Merchandising Officer, and Director at RH, has filed an amendment to a previously submitted Form 4.
- The amendment corrects information inadvertently included from a template in the original filing dated April 7, 2026.
- The corrected filing details the exercise of a stock option on April 6, 2026, for 25,000 shares of common stock at a price of $39.42 per share.
- Following this transaction, Eri Chaya beneficially owns 48,643 shares of common stock.
- The 25,000 shares acquired were initially exercised directly by the reporting person and subsequently transferred to the Chaya-Smith Revocable Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a procedural amendment correcting a previous error rather than indicating new strategic or financial developments.
Positives
- Accurate reporting of beneficial ownership and stock option exercises.
- Correction of a previous filing error demonstrates diligence in compliance.
- The stock option exercised was fully vested and exercisable.
Negatives
- Initial filing contained errors due to template use, requiring an amendment.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a past transaction and ownership update.
Management Comments
- "On April 7, 2026, the reporting person filed a Form 4 which inadvertently reported information from a template. This amendment replaces the original filing in its entirety."
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive and director holdings and activities. This amendment corrects a procedural error, ensuring accurate public record of beneficial ownership.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Eri Chaya has granted power of attorney to specific individuals to prepare and execute SEC filings on their behalf. | June 26, 2025 | Facilitates timely and accurate filing of required disclosures by authorized representatives. |
Stakeholder Impact
- Shareholders: Increased transparency regarding executive stock transactions and beneficial ownership.
Next Steps
- Ensure all future filings are accurate and free from template-related errors.
Key Dates
| Date | Description |
|---|---|
| 04/06/2026 | Transaction Date for stock option exercise. |
| 04/07/2026 | Date of original, inadvertently incorrect Form 4 filing. |
| 04/09/2026 | Date of the amended Form 4 filing. |
| 05/03/2026 | Date the stock option became exercisable. |
| 06/26/2025 | Date of the Power of Attorney document. |
Keywords
Form 4, SEC Filing, Beneficial Ownership, Stock Option, Insider Trading, RH, Eri Chaya, Amendment
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