Form 4: TheRealReal Chief Legal Officer Receives Stock Grant

Todd A. Suko, Chief Legal Officer and Secretary of TheRealReal, Inc., was granted 107,750 shares of common stock in the form of restricted stock units.

Summary

• Todd A. Suko, the Chief Legal Officer and Secretary of TheRealReal, Inc., received a grant of 107,750 shares of common stock in the form of restricted stock units on February 19, 2025.
• These restricted stock units were granted under TheRealReal Inc. 2019 Equity Incentive Plan.
• The restricted stock units will vest in twelve equal installments on a quarterly basis from the vesting commencement date.
• Following this transaction, Mr. Suko beneficially owns 895,407 shares of TheRealReal, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard executive compensation practice that aligns management interests with shareholders.

Positives

• The stock grant aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the Chief Legal Officer.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.

Industry Context

Stock grants are a common practice in the tech industry to incentivize and retain key executives. This grant is part of TheRealReal's overall compensation strategy.

Comparison to Industry Standards

• Stock grants to executives are a standard practice across the technology and retail sectors.
• Companies like Farfetch and ThredUp also utilize equity-based compensation to align executive incentives with shareholder value.
• The size of the grant is typical for a Chief Legal Officer in a company of TheRealReal's size and stage.

Stakeholder Impact

• Shareholders may view the stock grant positively as it incentivizes the Chief Legal Officer to contribute to the company's long-term success.
• Employees may see this as a positive sign of the company's commitment to its leadership team.

Key Dates

Keywords

TheRealReal, stock grant, restricted stock units, Todd Suko, Chief Legal Officer, beneficial ownership, equity incentive plan, vesting