Form 4: TheRealReal Director Niki Leondakis Acquires Shares Through Deferred Restricted Stock Units

Niki Leondakis, a director at TheRealReal, Inc., acquired 1,623 shares of common stock through the settlement of deferred restricted stock units (DRSUs) on March 31, 2025.

Summary

• On March 31, 2025, Niki Leondakis, a director of TheRealReal, Inc., acquired 1,623 shares of common stock.
• The acquisition was through the settlement of deferred restricted stock units (DRSUs).
• The DRSUs were granted on March 31, 2025, under the company's 2019 Equity Incentive Plan and are fully vested.
• The DRSUs will be settled upon the Reporting Person's separation from service as a Non-Employee Director or a date elected by the Reporting Person.
• Following the transaction, Leondakis beneficially owns 178,261 shares of TheRealReal, Inc.
• The price per share at the time of acquisition was $0.0.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The DRSUs are deferred and generally will be settled upon the Reporting Person's separation from service as a Non-Employee Director of the TheRealReal Inc. or a date elected by the Reporting Person.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

TheRealReal, Niki Leondakis, director, DRSU, deferred restricted stock units, equity incentive plan, beneficial ownership, Form 4