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, 2025, to cover withholding taxes related to the vesting of an equity award.
Summary
- On May 20, 2025, Steve Lo, the SVP, Chief Accounting Officer of TheRealReal, Inc., disposed of shares of common stock to satisfy withholding taxes.
- The sales were executed at a price of $5.102 per share.
- A total of 22,048 shares were sold in multiple transactions.
- Following the transactions, Lo directly owns 355,300 shares of TheRealReal, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
Industry Context
This is a routine transaction where company executives sell shares to cover tax obligations arising from equity awards, which is a common practice.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of the stock sale transactions |
| 05/22/2025 | Date of signature on the Form 4 filing |
Keywords
TheRealReal, Steve Lo, insider trading, Form 4, equity award, withholding taxes, SVP, Chief Accounting Officer, REAL, stock sale
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