Form 4
Compensation award
Tax / Compensation Filing
2026-10-01
REAL insider Form 4 filed for equity award, exercise, or tax withholding
KATZ KAREN (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
2,262 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: KATZ KAREN (Director)
Shares: 2,262
Form 4
Compensation award
Tax / Compensation Filing
2026-10-01
REAL insider Form 4 filed for equity award, exercise, or tax withholding
McCaffrey Mark (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
1,414 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McCaffrey Mark (Director)
Shares: 1,414
Form 4
Open-market sale
Insider Selling
2026-08-24
REAL insider Madan Gopal Ajay (Chief Financial Officer) sold 36,418 shares (~$399.9K)
Madan Gopal Ajay, listed as Chief Financial Officer at TheRealReal, Inc., reported an open-market sale of 36,418 REAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
8,067 |
$10.98 |
$88.6K |
S |
Open-market sale
|
4,770 |
$10.98 |
$52.4K |
S |
Open-market sale
|
23,581 |
$10.98 |
$258.9K |
Filing: Form 4 (Insider Transaction)
Insider: Madan Gopal Ajay (Chief Financial Officer)
Shares: 36,418
Est. Value: $399.9K
Form 4
Open-market sale
Insider Selling
2026-08-24
REAL insider Friang Luke Thomas (Chief Product & Tech Officer) sold 22,028 shares (~$241.9K)
Friang Luke Thomas, listed as Chief Product & Tech Officer at TheRealReal, Inc., reported an open-market sale of 22,028 REAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
8,485 |
$10.98 |
$93.2K |
S |
Open-market sale
|
2,514 |
$10.98 |
$27.6K |
S |
Open-market sale
|
8,528 |
$10.98 |
$93.6K |
S |
Open-market sale
|
2,501 |
$10.98 |
$27.5K |
Filing: Form 4 (Insider Transaction)
Insider: Friang Luke Thomas (Chief Product & Tech Officer)
Shares: 22,028
Est. Value: $241.9K
Form 4
Open-market sale
Insider Selling
2026-08-24
REAL insider Lo Steve Ming (Chief Accounting Officer) sold 12,559 shares (~$137.8K)
Lo Steve Ming, listed as Chief Accounting Officer at TheRealReal, Inc., reported an open-market sale of 12,559 REAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,167 |
$10.97 |
$23.8K |
S |
Open-market sale
|
8,985 |
$10.97 |
$98.6K |
S |
Open-market sale
|
1,407 |
$10.98 |
$15.4K |
Filing: Form 4 (Insider Transaction)
Insider: Lo Steve Ming (Chief Accounting Officer)
Shares: 12,559
Est. Value: $137.8K
Form 4
Open-market sale
Insider Selling
2026-08-24
REAL insider Suko Todd A (Chief Legal Officer and Secret) sold 17,567 shares (~$192.8K)
Suko Todd A, listed as Chief Legal Officer and Secret at TheRealReal, Inc., reported an open-market sale of 17,567 REAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
10,895 |
$10.97 |
$119.5K |
S |
Open-market sale
|
2,479 |
$10.98 |
$27.2K |
S |
Open-market sale
|
4,193 |
$10.98 |
$46.0K |
Filing: Form 4 (Insider Transaction)
Insider: Suko Todd A (Chief Legal Officer and Secret)
Shares: 17,567
Est. Value: $192.8K
Form 4
Open-market sale
Insider Selling
2026-08-24
REAL insider Sahi Levesque Rati (Chief Executive Officer) sold 84,432 shares (~$927.1K)
Sahi Levesque Rati, listed as Chief Executive Officer at TheRealReal, Inc., reported an open-market sale of 84,432 REAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
8,071 |
$10.98 |
$88.6K |
S |
Open-market sale
|
20,216 |
$10.98 |
$222.0K |
S |
Open-market sale
|
56,145 |
$10.98 |
$616.5K |
Filing: Form 4 (Insider Transaction)
Insider: Sahi Levesque Rati (Chief Executive Officer)
Shares: 84,432
Est. Value: $927.1K
Form 4
Compensation award
Tax / Compensation Filing
2026-07-29
REAL insider Form 4 filed for equity award, exercise, or tax withholding
Miller James R. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
14,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Miller James R. (Director)
Shares: 14,150
Form 4
Compensation award
Tax / Compensation Filing
2026-07-29
REAL insider Form 4 filed for equity award, exercise, or tax withholding
Coleman Caretha (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
14,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Coleman Caretha (Director)
Shares: 14,150
Form 4
Compensation award
Tax / Compensation Filing
2026-07-29
REAL insider Form 4 filed for equity award, exercise, or tax withholding
McKeehan Jennifer (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
14,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McKeehan Jennifer (Director)
Shares: 14,150
Form 4
Compensation award
Tax / Compensation Filing
2026-07-29
REAL insider Form 4 filed for equity award, exercise, or tax withholding
KROLIK ROBERT J (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
14,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: KROLIK ROBERT J (Director)
Shares: 14,150
Form 4
Compensation award
Tax / Compensation Filing
2026-07-29
REAL insider Form 4 filed for equity award, exercise, or tax withholding
KATZ KAREN (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
14,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: KATZ KAREN (Director)
Shares: 14,150
Form 4
Compensation award
Tax / Compensation Filing
2026-07-29
REAL insider Form 4 filed for equity award, exercise, or tax withholding
McCaffrey Mark (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
14,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McCaffrey Mark (Director)
Shares: 14,150
Form 4
Compensation award
Tax / Compensation Filing
2026-07-01
REAL insider Form 4 filed for equity award, exercise, or tax withholding
KATZ KAREN (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
1,378 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: KATZ KAREN (Director)
Shares: 1,378
Form 4
Compensation award
Tax / Compensation Filing
2026-07-01
REAL insider Form 4 filed for equity award, exercise, or tax withholding
McCaffrey Mark (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
742 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McCaffrey Mark (Director)
Shares: 742
Form 4
Open-market sale
Insider Selling
2026-05-22
REAL insider Madan Gopal Ajay (Chief Financial Officer) sold 35,023 shares (~$324.0K)
Madan Gopal Ajay, listed as Chief Financial Officer at TheRealReal, Inc., reported an open-market sale of 35,023 REAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
22,678 |
$9.25 |
$209.8K |
S |
Open-market sale
|
7,758 |
$9.25 |
$71.8K |
S |
Open-market sale
|
4,587 |
$9.25 |
$42.4K |
Filing: Form 4 (Insider Transaction)
Insider: Madan Gopal Ajay (Chief Financial Officer)
Shares: 35,023
Est. Value: $324.0K