UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

(RULE 13D-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

(Amendment No. 4)*

RH
(Name of Issuer)

Common Stock, par value $0.0001 per share
(Title of Class of Securities)

Gary Friedman
c/o RH
15 Koch Road, Suite K
Corte Madera, CA 94925
Telephone: (415) 924-1005
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

74967X 103
(CUSIP Number)

September 12, 2022
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

This Amendment No. 4 to Schedule 13D relates to the common stock (the “Common Stock”) of RH (the “Issuer”), and amends the initial statement on Schedule 13D filed by the undersigned on February 14, 2018 (as amended on December 12, 2019, October 21, 2020 and April 4, 2022), as specifically set forth herein.

ITEM 4. Purpose of Transaction.

Item 4 is hereby supplemented as follows:

As disclosed in the Issuer’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 30, 2022, filed with the Securities and Exchange Commission on September 8, 2022, the aggregate number of shares of Common Stock outstanding as of September 2, 2022 was 23,725,732, which is a decrease from the 24,585,597 shares of Common Stock that were outstanding on April 4, 2022, the date that the undersigned filed Amendment No. 3 to Schedule 13D. As a result of such decrease in the aggregate number of outstanding shares of Common Stock, the aggregate percentage of outstanding shares of Common Stock that the undersigned may be deemed to beneficially own increased by an amount equal to approximately 0.67 percent of the outstanding shares of Common Stock. This Amendment No. 4 is being filed solely to reflect such increase.

ITEM 5. Interest in Securities of the Issuer.

Item 5 is hereby amended and restated in its entirety as follows:

(a) Mr. Friedman beneficially owns 5,680,158 shares of Common Stock of the Issuer, representing beneficial ownership of 21.49% of the shares of Common Stock outstanding based upon 23,725,732 shares of Common Stock currently outstanding, consisting of (i) 2,980,158 shares of Common Stock and (ii) 2,700,000 shares subject to options to purchase Common Stock exercisable within 60 days of September 9, 2022.

(b) Mr. Friedman has sole voting and dispositive power with respect to the outstanding shares of Common Stock that he owns.

(c) With respect to transactions in the Issuer’s Common Stock during the sixty (60) days preceding the date of this filing, no transactions in the shares of Common Stock of the Issuer have been effected by Mr. Friedman in the last sixty (60) days.

SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: September 12, 2022