Ajay Madan Gopal - 23 Feb 2026 Form 4 Insider Report for TheRealReal, Inc. (REAL)

Signature
By: Todd Suko For: Ajay Madan Gopal
Issuer symbol
REAL
Transactions as of
23 Feb 2026
Net transactions value
-$336,404
Form type
4
Filing time
24 Feb 2026, 16:44:24 UTC
Previous filing
28 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Madan Gopal Ajay Chief Financial Officer C/O THEREALREAL, INC., 55 FRANCISCO STREET SUITE 400, SAN FRANCISCO By: Todd Suko For: Ajay Madan Gopal 24 Feb 2026 0002016432

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REAL Common Stock Sale $252,038 -23,511 -2% $10.72 1,132,581 23 Feb 2026 Direct F1
transaction REAL Common Stock Sale $84,366 -7,870 -0.69% $10.72 1,124,711 23 Feb 2026 Direct F1
transaction REAL Common Stock Award $0 +106,181 +9.4% $0.000000 1,230,892 23 Feb 2026 Direct F2, F3
* 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 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.
F3 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.