TheRealReal, Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Lo Steve Ming | Chief Accounting Officer | Sale | 3,974 | $14.41 | $57,265 | 245,024 | Dec 9, 2025 |
| Madan Gopal Ajay | Chief Financial Officer | Sale | 28,520 | $14.73 | $420,100 | 1,156,092 | Nov 26, 2025 |
| Lo Steve Ming | Chief Accounting Officer | Sale | 59,789 | $14.46 | $864,549 | 249,553 | Nov 25, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Sale | 72,933 | $14.10 | $1,028,355 | 606,510 | Nov 25, 2025 |
| Madan Gopal Ajay | Chief Financial Officer | Sale | 22,499 | $13.06 | $293,837 | 1,192,309 | Nov 21, 2025 |
| Lo Steve Ming | Chief Accounting Officer | Sale | 5,358 | $13.06 | $69,975 | 319,981 | Nov 21, 2025 |
| Friang Luke Thomas | Chief Product & Tech Officer | Sale | 8,137 | $13.06 | $106,269 | 501,652 | Nov 21, 2025 |
| Sahi Levesque Rati | Chief Executive Officer | Sale | 4,790 | $13.06 | $62,557 | 1,692,029 | Nov 21, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Sale | 12,000 | $13.06 | $156,720 | 684,062 | Nov 21, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Sale | 75,693 | $14.08 | $1,065,757 | 711,054 | Nov 18, 2025 |
| Baird Gilbert L. III | — | Sale | 7,686,442 | $13.21 | $101,537,899 | — | Nov 17, 2025 |
| Lo Steve Ming | Chief Accounting Officer | Sale | 13,542 | $14.27 | $193,244 | 331,768 | Nov 13, 2025 |
| McCaffrey Mark | — | Award / Grant | 11,900 | — | — | 11,900 | Oct 22, 2025 |
| KATZ KAREN | — | Award / Grant | 1,528 | — | — | 235,260 | Sep 30, 2025 |
| Leondakis Niki | — | Award / Grant | 823 | — | — | 206,935 | Sep 30, 2025 |
| Sahi Levesque Rati | Chief Executive Officer | Disposition | 5,027 | $7.64 | $38,406 | 1,793,405 | Aug 20, 2025 |
| Friang Luke Thomas | Chief Product & Tech Officer | Disposition | 2,504 | $7.64 | $19,131 | 534,918 | Aug 20, 2025 |
| Lo Steve Ming | Chief Accounting Officer | Disposition | 6,746 | $7.64 | $51,539 | 340,763 | Aug 20, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Disposition | 3,519 | $7.64 | $26,885 | 812,673 | Aug 20, 2025 |
| Madan Gopal Ajay | Chief Financial Officer | Disposition | 8,077 | $7.64 | $61,708 | 1,213,051 | Aug 20, 2025 |
| Sahi Levesque Rati | Chief Executive Officer | Sale | 115,000 | $7.78 | $894,700 | 2,063,215 | Aug 15, 2025 |
| Lynch Chatelle Aileen | Chief People Officer | Sale | 51,455 | $7.46 | $383,854 | 613,577 | Aug 12, 2025 |
| Baird Gilbert L. III | — | Award / Grant | 26,025 | — | — | 26,025 | Jul 23, 2025 |
| Miller James R. | — | Award / Grant | 26,025 | — | — | 183,916 | Jul 23, 2025 |
| Coleman Caretha | — | Award / Grant | 26,025 | — | — | 251,783 | Jul 23, 2025 |
| KATZ KAREN | — | Award / Grant | 26,025 | — | — | 233,732 | Jul 23, 2025 |
| KROLIK ROBERT J | — | Award / Grant | 26,025 | — | — | 216,357 | Jul 23, 2025 |
| Leondakis Niki | — | Award / Grant | 26,025 | — | — | 206,112 | Jul 23, 2025 |
| KATZ KAREN | — | Award / Grant | 3,392 | — | — | 207,707 | Jun 30, 2025 |
| Leondakis Niki | — | Award / Grant | 1,826 | — | — | 180,087 | Jun 30, 2025 |
| KROLIK ROBERT J | — | Gift | 25,000 | — | — | 165,332 | Jun 11, 2025 |
| Sahi Levesque Rati | Chief Executive Officer | Disposition | 4,923 | $5.10 | $25,107 | 2,273,023 | May 20, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Disposition | 4,746 | $5.10 | $24,205 | 818,959 | May 20, 2025 |
| Lo Steve Ming | SVP, Chief Accounting Officer | Disposition | 8,810 | $5.10 | $44,931 | 364,032 | May 20, 2025 |
| Lynch Chatelle Aileen | Chief People Officer | Disposition | 3,678 | $5.10 | $18,758 | 665,032 | May 20, 2025 |
| Friang Luke Thomas | Chief Product and Technology O | Disposition | 8,363 | $5.10 | $42,651 | 548,194 | May 20, 2025 |
| Madan Gopal Ajay | Chief Financial Officer | Disposition | 23,124 | $5.10 | $117,932 | 1,252,649 | May 20, 2025 |
| Lo Steve Ming | SVP, Chief Accounting Officer | Award / Grant | 48,231 | — | — | 378,348 | Apr 3, 2025 |
| Leondakis Niki | — | Award / Grant | 1,623 | — | — | 178,261 | Mar 31, 2025 |
| KATZ KAREN | — | Award / Grant | 3,014 | — | — | 204,315 | Mar 31, 2025 |
| Madan Gopal Ajay | Chief Financial Officer | Sale | 51,425 | $5.82 | $299,294 | 1,275,773 | Mar 18, 2025 |
| Madan Gopal Ajay | Chief Financial Officer | Sale | 102,386 | $6.90 | $706,463 | 1,327,198 | Feb 20, 2025 |
| Friang Luke Thomas | Chief Product and Technology O | Sale | 9,275 | $6.90 | $63,998 | 556,557 | Feb 20, 2025 |
| Lynch Chatelle Aileen | Chief People Officer | Sale | 18,456 | $6.90 | $127,346 | 680,350 | Feb 20, 2025 |
| Lo Steve Ming | SVP, Chief Accounting Officer | Sale | 6,095 | $6.90 | $42,056 | 339,868 | Feb 20, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Sale | 13,652 | $6.90 | $94,199 | 881,755 | Feb 20, 2025 |
| Sahi Levesque Rati | Chief Executive Officer | Sale | 5,000 | $6.90 | $34,500 | 2,412,597 | Feb 20, 2025 |
| Suko Todd A | Chief Legal Officer and Secret | Award / Grant | 107,750 | — | — | 895,407 | Feb 19, 2025 |
| Lynch Chatelle Aileen | Chief People Officer | Award / Grant | 107,750 | — | — | 698,806 | Feb 19, 2025 |
| Friang Luke Thomas | Chief Product and Technology O | Award / Grant | 71,833 | — | — | 575,060 | Feb 19, 2025 |