TheRealReal grants director Dubey 7,831 stock units

The RSUs vest on the earlier of the grant's first anniversary or the date immediately preceding the next annual stockholder meeting, subject to continuous service.

Available on EDGAR 11/05/2026 - 04:03 PM EST Accepted by SEC EDGAR 11/05/2026 - 04:03 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

TheRealReal, Inc. director Sharmistha Dubey received a grant of 7,831 restricted stock units on November 3, 2026. The units vest on the earlier of the first anniversary of the grant date or the date immediately preceding the issuer’s next annual stockholder meeting, subject to her continuous service on the applicable vesting date; vesting may accelerate upon certain events.

Insider Trade Summary

Grant/Award: 7,831 shares

Grant/Award 1 txn

Insider Dubey Sharmistha

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	7,831	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,831 shares (Direct)

Holdings Before and After: Common Stock, 0 to 7,831 shares (Direct)

Footnotes (1)

1. F1. These restricted stock units ("RSUs") vest on the earlier of the first anniversary of the grant date or the date immediately preceding the Issuers next annual stockholder meeting, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date and subject to acceleration upon certain events.

Key Figures

Restricted stock units awarded: 7,831 units Reported post-transaction position: 7,831 shares Vesting milestone: First anniversary of grant date

3 metrics

Restricted stock units awarded 7,831 units Award dated November 3, 2026

Reported post-transaction position 7,831 shares Direct position following the transaction

Vesting milestone First anniversary of grant date One of two alternative vesting dates

Key Terms

restricted stock units ("RSUs"), vest, acceleration

3 terms

restricted stock units ("RSUs") financial

"These restricted stock units ("RSUs") vest"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vest financial

"RSUs vest on the earlier of the first anniversary"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

acceleration financial

"subject to acceleration upon certain events"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did REAL director Sharmistha Dubey receive?

Sharmistha Dubey received 7,831 restricted stock units on November 3, 2026.

When do Sharmistha Dubey's REAL RSUs vest?

The RSUs vest on the earlier of the first anniversary of the grant date or the date immediately preceding the issuer’s next annual stockholder meeting, subject to continuous service on the applicable vesting date. Vesting may accelerate upon certain events.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dubey Sharmistha

(Last) (First) (Middle)

55 FRANCISCO STREET SUITE 400

(Street)

SAN FRANCISCO CALIFORNIA 94133

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TheRealReal, Inc. [ REAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/03/2026		A		7,831(1)	A	$0	7,831	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These restricted stock units ("RSUs") vest on the earlier of the first anniversary of the grant date or the date immediately preceding the Issuers next annual stockholder meeting, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date and subject to acceleration upon certain events.

Remarks:

	/s/ Todd Suko, Attorney in fact for Sharmistha Dubey	11/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)