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 August 20, 2024, to cover tax obligations related to vesting equity awards.
Summary
- On August 20, 2024, Steve Lo, the SVP, Chief Accounting Officer of TheRealReal, Inc., sold shares of the company's common stock.
- The sales were executed to satisfy tax obligations arising from the vesting of an equity award.
- A total of 20,550 shares were sold at a price of $2.6084 per share.
- Following the transactions, Steve Lo directly owns 508,528 shares of TheRealReal, Inc. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes on vested equity). It's neutral in sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of equity awards are a common practice among corporate executives.
Stakeholder Impact
- The sale of shares by an executive could have a minor negative impact on investor sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of stock sale transactions |
| 08/21/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.