Form 4 for REAL TheRealReal, Inc.
Accepted 2025-08-18 00:00:00 ET · period of report 2025-08-15 · accession 0001780551-25-000004 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-08-18 | 2025-08-15+ | REAL | Sahi Levesque Rati | CEO | S - Sale+OE | $7.88 | -411.3K | 2.06M | -17% | -$3.24M |
| D | 2025-08-18 | 2025-08-15 | REAL | Sahi Levesque Rati | CEO | M - OptEx | $3.48 | +36.1K | 2.21M | +2% | +$125.7K |
| D | 2025-08-18 | 2025-08-15 | REAL | Sahi Levesque Rati | CEO | M - OptEx | $0.00 | -36.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-08-15 | S | D | 36,119 | $7.78 | 2,178,215 | D | — | — | (F1) Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.69 to $7.94. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. |
| 2 | Common | Common Stock | 2025-08-15 | M | A | 36,119 | $3.48 | 2,214,334 | D | — | — | |
| 3 | Common | Common Stock | 2025-08-18 | S | D | 60,750 | $8.00 | 1,803,044 | D | — | — | (F3) Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.98 to $8.02. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. |
| 4 | Common | Common Stock | 2025-08-18 | S | D | 199,421 | $7.92 | 1,863,794 | D | — | — | (F2) Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.67 to $8.05. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. |
| 5 | Common | Common Stock | 2025-08-15 | S | D | 115,000 | $7.78 | 2,063,215 | D | — | — | (F1) Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.69 to $7.94. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. |
| 6 | Derivative | Incentive Stock Option (right to buy) | 2025-08-15 | M | D | 36,119 | $0.00 | 0 | D | $3.48 · — to 2025-12-17 | 36,119 Common Stock | (F4) The option, representing the right to purchase a total of 36,119 shares of Common Stock, became fully exercisable on December 17, 2019. |