Welcome to our dedicated page for TheRealReal SEC filings (Ticker: REAL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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TheRealReal, Inc. Chief Executive Officer Rati Sahi Levesque reported a mix of tax-related stock sales and a new equity award. On February 23, 2026, she sold a total of 121,399 shares of common stock at $10.72 per share in open-market transactions that the company automatically executed to satisfy withholding taxes due on vesting equity awards, including 50,000 shares from a performance award granted on March 3, 2023.
On the same date, she was granted 179,691 restricted stock units under TheRealReal’s 2019 Equity Incentive Plan. Each unit equals one share of common stock and will vest in twelve equal quarterly installments. Following these transactions, she directly owned 1,662,470 shares of TheRealReal common stock.
TheRealReal, Inc. reported that Chief Accounting Officer Steve Ming Lo had a total of 16,962 shares of common stock automatically sold at $10.72 per share to satisfy withholding taxes due on a vesting equity award. After these tax-related sales, he directly holds 170,236 shares of common stock.
Timothy M. Riley and Angela A. Riley filed Amendment No. 3 to a Schedule 13G reporting their beneficial ownership of common stock of The RealReal, Inc. Following an event dated 01/07/2026, they report beneficial ownership of 5,800,000 shares of common stock, representing 4.9% of the class.
Timothy Riley reports sole voting and dispositive power over 3,850,000 shares and shared power over 50,000 shares. Angela Riley reports sole voting and dispositive power over 1,900,000 shares and shared power over 50,000 shares. They certify the shares were not acquired and are not held for the purpose of changing or influencing control, and they have agreed to file this ownership information jointly.
TheRealReal, Inc. filed Amendment No. 5 to a Schedule 13G/A for its common stock. The filing lists GreyLion Partners LP, GreyLion Partners GP LLC, PWP Growth Equity Fund II LP, PWP Growth Equity Fund II B LP, David Ferguson and Gilbert Baird as reporting persons.
Each reporting person states they beneficially own 0 shares, representing 0% of the common stock, with no sole or shared voting or dispositive power. The filing notes ownership of 5 percent or less of the class, with the reportable event dated December 31, 2025.
FMR LLC and Abigail P. Johnson report beneficial ownership of 12,593,088.90 shares of TheRealReal, Inc. common stock, representing 10.8% of the class as of 12/31/2025. FMR LLC has sole voting power over 12,530,500.86 shares and sole dispositive power over 12,593,088.90 shares. Abigail P. Johnson is reported with sole dispositive power over 12,593,088.90 shares but no voting power. The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of TheRealReal. The filing notes that one or more other persons may receive dividends or sale proceeds, but no such person has more than 5% of the outstanding common stock.
TheRealReal director Karen Katz reported an equity award of deferred restricted stock units (DRSUs). On December 31, 2025, she was granted 1,107 shares of common stock at a price of $0, issued upon settlement of DRSUs where each unit is economically equivalent to one share of TheRealReal, Inc. common stock.
The DRSUs were granted under TheRealReal Inc. 2019 Equity Incentive Plan, are fully vested, and are deferred to be settled generally upon her separation from service as a non-employee director or on a date she elects. Following this award, Katz beneficially owns 236,367 shares of TheRealReal common stock in direct form.
TheRealReal, Inc. director Niki Leondakis reported an equity award. On December 31, 2025, she was granted 554 deferred restricted stock units (DRSUs), each economically equivalent to one share of TheRealReal common stock, at a price of $0 per unit under the company’s 2019 Equity Incentive Plan. The DRSUs are fully vested but deferred and will generally be settled in common shares upon her separation from service as a non-employee director or on a date she elects. Following this grant, she beneficially owns 207,489 shares of TheRealReal common stock directly.
TheRealReal, Inc. (REAL) reported an insider stock transaction by its Chief Financial Officer, Ajay Madan Gopal. On 11/21/2025, the CFO had two sales of common stock totaling 30,196 shares, with 22,499 shares and 7,697 shares each sold at a price of $13.06 per share. According to the explanation, these shares were automatically sold by TheRealReal, Inc. to cover withholding taxes due upon the vesting of an equity award, meaning they were related to tax obligations rather than discretionary open-market sales. After these transactions, the CFO beneficially owned 1,184,612 shares of common stock, which includes 1,757 shares acquired on November 14, 2025 through the company’s Employee Stock Purchase Plan. This filing reflects routine equity compensation and tax withholding activity for a senior executive.
TheRealReal, Inc. (REAL) reported insider share sales by its Chief Accounting Officer, Steve Lo. On 11/21/2025, Lo had four separate sales of common stock totaling 6,429, 5,358, 8,571 and 2,068 shares, each at a price of $13.06 per share. These transactions were reported as sales of shares automatically made by The RealReal, Inc. to cover withholding taxes due upon the vesting of an equity award.
Following these tax-related transactions, Lo beneficially owned 309,342 shares of TheRealReal common stock in direct ownership.
TheRealReal, Inc. (REAL) filed a Form 4 reporting automatic share sales by its Chief Product & Tech Officer, Luke Friang. On 11/21/2025, three sales of common stock were reported at a price of $13.06 per share, involving 8,095, 8,137, and 2,387 shares. According to the explanation, these shares were sold automatically by The RealReal, Inc. to cover withholding taxes tied to the vesting of an equity award, rather than discretionary open‑market sales. After these transactions, Friang beneficially owned 499,265 shares of common stock directly.