Form 4: TheRealReal CEO Rati Levesque Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
TheRealReal's CEO, Rati Levesque, sold shares of common stock to cover withholding taxes related to the vesting of an equity award.
Summary
- On May 20, 2025, Rati Levesque, the CEO of TheRealReal, Inc., disposed of several blocks of common stock.
- These transactions were executed to satisfy withholding taxes payable in connection with the vesting of an equity award.
- The sales were automatic and conducted by The RealReal, Inc.
- The price per share for these transactions was $5.102 or $5.1021.
- Following these transactions, Rati Levesque directly owns 2,178,215 shares of TheRealReal, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It's neutral in sentiment.
Industry Context
Executive stock sales for tax purposes are a common occurrence, especially after equity awards vest. This is a normal part of executive compensation and financial planning.
Stakeholder Impact
- The sale 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
| Date | Description |
|---|---|
| 05/20/2025 | Date of the stock sale transactions |
| 05/22/2025 | Date of signature for the Form 4 filing |
Keywords
TheRealReal, Rati Levesque, CEO, share sale, Form 4, equity award, withholding taxes, beneficial ownership
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