[Form 4] The RealReal, Inc. Insider Trading Activity
The RealReal, Inc. officer Luke Friang reported disposition of vested shares to satisfy withholding taxes related to an equity award. The filing shows three dispositions totaling 19,538 shares sold at $7.64 per share, leaving the reporting person with 517,884 shares of common stock beneficially owned after the transactions. The report identifies the reporting person as the company’s Chief Product & Tech Officer. The filing explains the sales were automatic transfers to cover tax withholding arising from the vesting of an equity award.
Luke Friang, dirigente di The RealReal, Inc., ha dichiarato la cessione di azioni maturate per soddisfare le imposte di ritenuta legate a un premio azionario. La comunicazione mostra tre cessioni per un totale di 19.538 azioni vendute a $7,64 per azione, lasciando il dichiarante con 517.884 azioni ordinarie possedute utilmente dopo le operazioni. Il rapporto indica la persona che ha effettuato la comunicazione come il Chief Product & Tech Officer dell’azienda. La segnalazione specifica che le vendite sono state trasferimenti automatici per coprire le ritenute fiscali derivanti dalla maturazione di un premio azionario.
Luke Friang, directivo de The RealReal, Inc., informó la disposición de acciones adquiridas para satisfacer las retenciones fiscales relacionadas con una concesión de acciones. La presentación muestra tres disposiciones que suman 19.538 acciones vendidas a $7,64 por acción, dejando al informante con 517.884 acciones ordinarias en propiedad beneficiosa tras las operaciones. El informe identifica al informante como el Chief Product & Tech Officer de la compañía. La presentación explica que las ventas fueron transferencias automáticas para cubrir la retención fiscal surgida por el devengo de la concesión de acciones.
The RealReal, Inc.의 임원 루크 프리앙(Luke Friang)이 주식 보상 금액의 세금 원천징수를 충당하기 위해 기득권이 발생한 주식을 처분했다고 보고했습니다. 제출서류에는 총 19,538주가 주당 $7.64에 판매된 세 건의 처분이 기재되어 있으며, 거래 후 보고인은 517,884주의 보통주를 실질적으로 보유하고 있습니다. 이 보고서는 보고인을 회사의 Chief Product & Tech Officer로 식별하고 있습니다. 제출서에는 판매가 주식 보상 취득에 따른 세금 원천징수를 충당하기 위한 자동 이체였음을 설명하고 있습니다.
Luke Friang, dirigeant de The RealReal, Inc., a déclaré la cession d’actions acquises pour couvrir les impôts dus au titre d’une attribution d’actions. Le dépôt indique trois cessions totalisant 19 538 actions vendues à 7,64 $ par action, laissant la personne déclarant 517 884 actions ordinaires détenues à titre bénéficiaire après les opérations. Le rapport identifie le déclarant comme le Chief Product & Tech Officer de la société. Le dépôt précise que les ventes ont été des transferts automatiques destinés à couvrir les retenues fiscales résultant de la maturation (vesting) de l’attribution d’actions.
Luke Friang, ein leitender Angestellter von The RealReal, Inc., meldete die Veräußerung bereits erworbener Aktien zur Zahlung von Quellensteuern im Zusammenhang mit einer Aktienzuteilung. Die Meldung zeigt drei Veräußerungen mit insgesamt 19.538 Aktien, die zu $7,64 pro Aktie verkauft wurden, wodurch die meldende Person nach den Transaktionen 517.884 Aktien Stammaktien wirtschaftlich besitzt. Der Bericht nennt die meldende Person als den Chief Product & Tech Officer des Unternehmens. Es wird erklärt, dass die Verkäufe automatische Übertragungen waren, um die Steuerabzüge infolge der Ausübung/Verwässerung (Vesting) einer Aktienzuteilung zu decken.
- Continued significant ownership: Reporting person retains 517,884 shares after transactions.
- Transaction purpose disclosed: Sales were automatic withholdings to cover taxes from vesting, indicating compensation-related liquidity rather than opportunistic selling.
- Dispositions executed: Total of 19,538 shares were sold.
- Sale price: Shares sold at $7.64 per share.
Insights
TL;DR: Officer sold a small block of vested shares to cover tax withholding; remaining holdings remain material.
The transactions are routine, described as automatic sales to cover taxes on vested awards rather than open-market voluntary selling. Total dispositions of 19,538 shares at $7.64 represent a modest change relative to the post-transaction beneficial ownership of 517,884 shares. This pattern typically signals compensation-related liquidity rather than a change in conviction about the company, and does not by itself alter capitalization or control.
TL;DR: Transaction is a standard withholding-sale tied to equity vesting and raises no governance red flags.
Disclosure notes the sales were automatic to satisfy withholding taxes associated with vesting of an equity award. The form identifies the reporting person as an officer and shows continued beneficial ownership post-transaction, which maintains alignment with shareholder interests. There is no indication of accelerated insider selling or structured disposition beyond routine tax withholding.
Luke Friang, dirigente di The RealReal, Inc., ha dichiarato la cessione di azioni maturate per soddisfare le imposte di ritenuta legate a un premio azionario. La comunicazione mostra tre cessioni per un totale di 19.538 azioni vendute a $7,64 per azione, lasciando il dichiarante con 517.884 azioni ordinarie possedute utilmente dopo le operazioni. Il rapporto indica la persona che ha effettuato la comunicazione come il Chief Product & Tech Officer dell’azienda. La segnalazione specifica che le vendite sono state trasferimenti automatici per coprire le ritenute fiscali derivanti dalla maturazione di un premio azionario.
Luke Friang, directivo de The RealReal, Inc., informó la disposición de acciones adquiridas para satisfacer las retenciones fiscales relacionadas con una concesión de acciones. La presentación muestra tres disposiciones que suman 19.538 acciones vendidas a $7,64 por acción, dejando al informante con 517.884 acciones ordinarias en propiedad beneficiosa tras las operaciones. El informe identifica al informante como el Chief Product & Tech Officer de la compañía. La presentación explica que las ventas fueron transferencias automáticas para cubrir la retención fiscal surgida por el devengo de la concesión de acciones.
The RealReal, Inc.의 임원 루크 프리앙(Luke Friang)이 주식 보상 금액의 세금 원천징수를 충당하기 위해 기득권이 발생한 주식을 처분했다고 보고했습니다. 제출서류에는 총 19,538주가 주당 $7.64에 판매된 세 건의 처분이 기재되어 있으며, 거래 후 보고인은 517,884주의 보통주를 실질적으로 보유하고 있습니다. 이 보고서는 보고인을 회사의 Chief Product & Tech Officer로 식별하고 있습니다. 제출서에는 판매가 주식 보상 취득에 따른 세금 원천징수를 충당하기 위한 자동 이체였음을 설명하고 있습니다.
Luke Friang, dirigeant de The RealReal, Inc., a déclaré la cession d’actions acquises pour couvrir les impôts dus au titre d’une attribution d’actions. Le dépôt indique trois cessions totalisant 19 538 actions vendues à 7,64 $ par action, laissant la personne déclarant 517 884 actions ordinaires détenues à titre bénéficiaire après les opérations. Le rapport identifie le déclarant comme le Chief Product & Tech Officer de la société. Le dépôt précise que les ventes ont été des transferts automatiques destinés à couvrir les retenues fiscales résultant de la maturation (vesting) de l’attribution d’actions.
Luke Friang, ein leitender Angestellter von The RealReal, Inc., meldete die Veräußerung bereits erworbener Aktien zur Zahlung von Quellensteuern im Zusammenhang mit einer Aktienzuteilung. Die Meldung zeigt drei Veräußerungen mit insgesamt 19.538 Aktien, die zu $7,64 pro Aktie verkauft wurden, wodurch die meldende Person nach den Transaktionen 517.884 Aktien Stammaktien wirtschaftlich besitzt. Der Bericht nennt die meldende Person als den Chief Product & Tech Officer des Unternehmens. Es wird erklärt, dass die Verkäufe automatische Übertragungen waren, um die Steuerabzüge infolge der Ausübung/Verwässerung (Vesting) einer Aktienzuteilung zu decken.
FAQ
What did TheRealReal insider Luke Friang report on Form 4 (REAL)?
Why were the shares sold according to the Form 4 for REAL?
What is Luke Friang's role at TheRealReal as stated in the filing?
How many separate disposition transactions are reported on this Form 4 for REAL?
Do the reported sales indicate a change in control or large insider exit?
