Robert J. Krolik - Jun 14, 2023 Form 4 Insider Report for TheRealReal, Inc. (REAL)

Role
Director
Signature
By: Todd Suko For: Robert J. Krolik
Stock symbol
REAL
Transactions as of
Jun 14, 2023
Transactions value $
-$20,475
Form type
4
Date filed
6/14/2023, 08:45 PM
Previous filing
Aug 4, 2022
Next filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REAL Common Stock Sale -$20.5K -11.7K -18.9% $1.75 50.2K Jun 14, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.725 to $1.77. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.