Rati Sahi Levesque - 15 Aug 2025 Form 4 Insider Report for TheRealReal, Inc. (REAL)

Signature
by Todd Suko, Attorney in Fact for Rati Sahi Levesque
Issuer symbol
REAL
Transactions as of
15 Aug 2025
Net transactions value
-$3,115,347
Form type
4
Filing time
18 Aug 2025, 17:54:54 UTC
Previous filing
22 May 2025
Next filing
22 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sahi Levesque Rati Chief Executive Officer C/O THEREALREAL, INC., 55 FRANCISCO STREET SUITE 400, SAN FRANCISCO by Todd Suko, Attorney in Fact for Rati Sahi Levesque 18 Aug 2025 0001780551

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REAL Common Stock Options Exercise $125,694 +36,119 +1.7% $3.48 2,214,334 15 Aug 2025 Direct
transaction REAL Common Stock Sale $281,042 -36,119 -1.6% $7.78 2,178,215 15 Aug 2025 Direct F1
transaction REAL Common Stock Sale $894,585 -115,000 -5.3% $7.78 2,063,215 15 Aug 2025 Direct F1
transaction REAL Common Stock Sale $1,579,414 -199,421 -9.7% $7.92 1,863,794 18 Aug 2025 Direct F2
transaction REAL Common Stock Sale $486,000 -60,750 -3.3% $8.00 1,803,044 18 Aug 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction REAL Incentive Stock Option (right to buy) Options Exercise $0 -36,119 -100% $0.000000 0 15 Aug 2025 Common Stock 36,119 $3.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.69 to $7.94. 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 in this Form 4.
F2 Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.67 to $8.05. 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 in this Form 4.
F3 Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $7.98 to $8.02. 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 in this Form 4.
F4 The option, representing the right to purchase a total of 36,119 shares of Common Stock, became fully exercisable on December 17, 2019.