Form 4: TheRealReal's Chief Legal Officer Sells Shares to Cover Tax Obligations

Todd A. Suko, Chief Legal Officer and Secretary of TheRealReal, Inc., sold shares of common stock to cover withholding taxes and reports beneficial ownership of 818,959 shares following the transactions.

Summary

• On May 20, 2025, Todd A. Suko, the Chief Legal Officer and Secretary of TheRealReal, Inc., disposed of several blocks of common stock to satisfy withholding taxes related to the vesting of an equity award.
• The sales were executed at a price of $5.1021 per share.
• Specifically, Suko disposed of 3,446 shares, 9,250 shares, 12,333 shares, 2,710 shares, and 4,746 shares in separate transactions.
• Following these transactions, Suko's beneficial ownership of TheRealReal's common stock is reported to be 818,959 shares.
• This total includes 5,000 shares acquired on May 14, 2025, through the company's Employee Stock Purchase Plan (ESPP).

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.

Positives

• Suko acquired 5,000 shares through the company's Employee Stock Purchase Plan (ESPP), indicating confidence in the company.

Industry Context

Sales of shares to cover tax obligations are a routine part of equity compensation for company executives.

Key Dates

Keywords

TheRealReal, Todd Suko, Chief Legal Officer, Form 4, Share Sale, Beneficial Ownership, Equity Award, Withholding Taxes, ESPP