Form 4: TheRealReal Executive Sells Shares to Cover Tax Obligations

Todd A. Suko, Chief Legal Officer and Secretary of TheRealReal, Inc., sold shares of common stock to cover tax obligations arising from the vesting of an equity award.

Summary

• On August 20, 2024, Todd A. Suko, the Chief Legal Officer and Secretary of TheRealReal, Inc., sold shares of the company's common stock.
• The sales were executed at a price of $2.61 per share.
• A total of 30,973 shares were sold in multiple transactions.
• These transactions were conducted to satisfy the reporting person's tax obligations related to the vesting of an equity award.
• Following the reported transactions, Suko still beneficially owns 825,081 shares of TheRealReal, Inc.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares to cover tax obligations is a normal occurrence and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price.

Key Dates