Form 4: TheRealReal Director Niki Leondakis Sells 59,474 Shares
SEC Form 4 Filing
Director Niki Leondakis of TheRealReal, Inc. sold 59,474 shares of common stock at an average price of $3.62 on June 12, 2024.
Summary
- On June 12, 2024, Niki Leondakis, a director of TheRealReal, Inc. (REAL), sold 59,474 shares of the company's common stock.
- The sale was executed at a weighted average price of $3.62 per share.
- The price range for the shares sold was between $3.55 and $3.68.
- Following the transaction, Leondakis directly owns 125,713 shares of TheRealReal, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This transaction is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock. The impact on the stock price is usually minimal unless the transaction is very large or part of a broader trend.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of the stock sale transaction. |
| 06/14/2024 | Date of the Form 4 filing. |
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