Form 4: TheRealReal CFO Sells Shares to Cover Tax Obligations

Ajay Madan Gopal, CFO of TheRealReal, Inc., sold shares of common stock to cover withholding taxes related to the vesting of an equity award.

Summary

• On May 20, 2025, Ajay Madan Gopal, the Chief Financial Officer of TheRealReal, Inc., sold shares of the company's common stock.
• A total of 31,034 shares were sold in two separate transactions.
• The sales were executed at a price of $5.1021 per share.
• These transactions were conducted to satisfy withholding taxes associated with the vesting of an equity award.
• Following the reported transactions, Gopal directly owns 1,244,739 shares of TheRealReal, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock sale for tax purposes) and doesn't inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax obligations. The market typically views sales to cover taxes on vesting equity differently than discretionary sales.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.

Key Dates

Keywords

TheRealReal, Inc., Ajay Madan Gopal, CFO, stock sale, Form 4, equity award, withholding taxes, beneficial ownership