InsiderTrades

Form 4 for REAL TheRealReal, Inc.

Accepted 2025-11-19 00:00:00 ET · period of report 2025-11-17 · accession 0001213900-25-112631 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
I 2025-11-19 2025-11-17 REAL Baird Gilbert L. III Dir S - Sale $13.21 -7.69M 0 -100% -$101.54M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2025-11-17 S D 7,686,442 $13.21 0 I By Grey Lion — — (F1) Reflects the sale of 7,686,442 shares of common stock of TheRealReal, Inc. (the "Issuer"), par value $0.00001 per share (the "Common Stock"), in a block sale at a price per share of $13.21 pursuant to Rule 144 of the Securities Act of 1933, as amended. (F2) The shares of Common Stock were held by PWP Growth Equity Fund II LP and PWP Growth Equity Fund II B LP (collectively, the "Funds") for which investing, management and voting control is exercised by GreyLion Partners LP (together with its affiliates, "GreyLion Partners") and by GreyLion Partners LP. David Ferguson and Gilbert L. Baird III (the "Reporting Person") are members of the GreyLion Partners investment committee and control voting and investment decisions related to the shares reported herein.