California-based home improvement company RH's CEO, Gary Friedman, increased his stake in the company to 27.3% from 10.54%, according to a Feb. 14 filing.
Friedman now beneficially owns 7,222,536 shares of the company. The share count includes 4,976,826 shares of common stock issuable upon the exercise of options to purchase common stock that are exercisable within 60 days of Feb. 3, the statement added.