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 May 20, 2024, to cover tax obligations related to vesting equity awards.
Summary
- On May 20, 2024, Steve Lo, the SVP, Chief Accounting Officer of TheRealReal, Inc., sold shares of the company's common stock.
- The sales were executed at an average price of approximately $4.248 per share.
- A total of 20,332 shares were sold in multiple transactions.
- These sales were conducted to satisfy tax obligations arising from the vesting of equity awards.
- Following the reported transactions, Steve Lo directly owns 529,138 shares of TheRealReal, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax obligations) and doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of equity awards are a common practice among corporate executives and are generally not indicative of the company's financial health or future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of stock sale transactions |
| 05/21/2024 | Date of signature on the Form 4 filing |
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