Rati Sahi Levesque - 23 Feb 2026 Form 4 Insider Report for TheRealReal, Inc. (REAL)

Role
Chief Executive Officer
Signature
by Todd Suko, Attorney in Fact for Rati Sahi Levesque
Issuer symbol
REAL
Transactions as of
23 Feb 2026
Net transactions value
-$1,301,397
Form type
4
Filing time
24 Feb 2026, 16:42:46 UTC
Previous filing
21 Nov 2025
SEC
View on sec.gov

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 24 Feb 2026 0001780551

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REAL Common Stock Sale $56,441 -5,265 -0.33% $10.72 1,598,913 23 Feb 2026 Direct F1
transaction REAL Common Stock Sale $164,434 -15,339 -0.96% $10.72 1,583,574 23 Feb 2026 Direct F1
transaction REAL Common Stock Sale $281,872 -26,294 -1.7% $10.72 1,557,280 23 Feb 2026 Direct F2
transaction REAL Common Stock Sale $211,409 -19,721 -1.3% $10.72 1,537,559 23 Feb 2026 Direct F1
transaction REAL Common Stock Sale $587,242 -54,780 -3.6% $10.72 1,482,779 23 Feb 2026 Direct F1
transaction REAL Common Stock Award $0 +179,691 +12% $0.000000 1,662,470 23 Feb 2026 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.
F2 Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of 50,000 shares of the performance award granted on March 3, 2023.
F3 Represents shares of TheRealReal, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units. Each restricted stock unit is the economic equivalent of one share of TheRealReal, Inc. common stock.
F4 The restricted stock units were granted to the Reporting Person on the Transaction Date pursuant to TheRealReal Inc. 2019 Equity Incentive Plan. The restricted stock units will vest in twelve (12) equal installments on a quarterly basis from the vesting commencement date.