SCHEDULE: FMR LLC Reports 5.2% Stake in TheRealReal

FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 5.2% of TheRealReal, Inc.'s common stock as of June 30, 2026.

Summary

• FMR LLC, along with Abigail P. Johnson, has filed a Schedule 13G, indicating a beneficial ownership of 6,240,172.55 shares of TheRealReal, Inc. common stock.
• This holding represents 5.2% of the class of securities.
• The filing is an amendment (Amendment No. 1) and the event date requiring the filing is June 30, 2026.
• FMR LLC is classified as a holding company (HC) and Abigail P. Johnson is classified as an individual investor (IN).
• The filing asserts that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not provide new operational or financial performance information about TheRealReal, Inc.

Positives

• FMR LLC and Abigail P. Johnson have a significant beneficial ownership stake of 5.2% in TheRealReal, Inc., indicating confidence or investment strategy.
• The filing is made in the ordinary course of business, suggesting standard investment activity rather than a hostile takeover attempt.

Negatives

• The filing does not contain any specific financial performance data or operational updates for TheRealReal, Inc., making it difficult to assess the company's current health from this document alone.

Risks

• The filing does not explicitly mention any risks associated with TheRealReal, Inc. or the investment itself.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding TheRealReal, Inc.'s future performance.

Management Comments

• "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters')."
• "This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998)."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect..."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson indicates a significant institutional investment in TheRealReal, Inc., a company operating in the online luxury consignment market. Such filings often signal sustained interest from major financial players.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by FMR LLC may be viewed positively by some shareholders, indicating institutional confidence in the company's long-term prospects. However, it does not directly impact current share value without further context.
• Management: The filing confirms FMR LLC's position as a significant shareholder, which could influence future corporate governance discussions or strategic decisions if their stake were to increase further.

Next Steps

• Continue to monitor future filings from FMR LLC and Abigail P. Johnson for any changes in their beneficial ownership of TheRealReal, Inc. stock.
• Analyze TheRealReal, Inc.'s own financial reports for performance metrics that would justify or explain this investment.

Key Dates

Keywords

TheRealReal, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment, SEC Filing