Form 4: TheRealReal SVP, Chief Accounting Officer Steve Lo Sells Shares to Cover Tax Obligations
SEC Form 4
Steve Lo, SVP, Chief Accounting Officer of TheRealReal, Inc., sold shares of common stock on February 20, 2025, to cover withholding taxes related to the vesting of an equity award.
Summary
- On February 20, 2025, Steve Lo, the SVP, Chief Accounting Officer of TheRealReal, Inc., sold shares of the company's common stock.
- The sales were executed in multiple transactions at a price of $6.89 per share.
- A total of 23,477 shares were sold to cover withholding taxes associated with the vesting of an equity award.
- Following the reported transactions, Steve Lo beneficially owns 330,117 shares of TheRealReal, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate positive or negative sentiment towards the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when equity awards vest.
Stakeholder Impact
- The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock sale transactions. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
TheRealReal, Steve Lo, stock sale, Form 4, insider trading, equity award, withholding taxes, SVP, Chief Accounting Officer
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