Form 4: TheRealReal CFO Sells Shares to Cover Tax Obligations
SEC Form 4
CFO Ajay Madan Gopal sold 51,425 shares of TheRealReal, Inc. common stock on March 18, 2025, to cover withholding taxes related to equity award vesting.
Summary
- On March 18, 2025, Ajay Madan Gopal, the Chief Financial Officer of TheRealReal, Inc., sold 51,425 shares of common stock.
- The sale was executed at a price of $5.8216 per share.
- The transaction was conducted to satisfy withholding taxes associated with the vesting of an equity award.
- Following the transaction, Gopal directly owns 1,275,773 shares of TheRealReal, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes on vested equity). It's neutral in sentiment as it doesn't indicate positive or negative performance for the company.
Industry Context
Sales of shares to cover tax obligations upon vesting of equity awards are a common practice among corporate executives and do not necessarily reflect a negative outlook on the company's future.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of stock sale transaction |
| 03/20/2025 | Date of signature on the Form 4 filing |
Keywords
TheRealReal, REAL, Ajay Madan Gopal, CFO, stock sale, Form 4, equity award, withholding taxes
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