Form 4: TheRealReal CEO John Koryl Disposes of Shares to Cover Tax Obligations

TheRealReal's CEO, John Koryl, disposed of 30,743 shares of common stock on August 20, 2024, to cover tax obligations related to vesting restricted stock units.

Summary

• On August 20, 2024, John Koryl, the CEO of TheRealReal, Inc., disposed of 30,743 shares of the company's common stock.
• The transaction was executed at a price of $2.64 per share.
• This disposal was to satisfy tax obligations related to the vesting of restricted stock units.
• Following the transaction, Koryl directly owns 2,977,728 shares of TheRealReal, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment. It's a neutral event.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. They can be driven by various factors, including personal financial planning, diversification, or covering tax obligations related to equity compensation. It's important to consider the context of these transactions and whether they align with the company's overall performance and outlook.

Stakeholder Impact

• The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates