SEC Form 4
The RealReal, Inc. (REAL) insider trading
In the 12 months to Oct 26, 2026, 4 REAL insiders reported open-market sales of $106.0M across 7 filings; no open-market purchases were filed.
Latest filing · Last 12 months · Source: SEC EDGAR · How we count
- Open-market sales
- $106.0M
- 7 filings · 4 insiders
- Open-market purchases
- $0
- 0 filings
Who traded REAL, and when
- Sale
REAL daily close from Oct 27, 2025 to Oct 26, 2026, between $8.12 and $16.90, last $10.78. 7 sale and 0 purchase filings by 4 insiders, marked at their filing dates. Gilbert L. Baird III, Director: sold $101.5M across 1 filing, first filed Nov 19, 2025, last Nov 19, 2025. Todd A. Suko, Chief Legal Officer and Secret: sold $2.1M across 2 filings, first filed Nov 20, 2025, last Nov 28, 2025. Steve Ming Lo, Chief Accounting Officer: sold $2.0M across 3 filings, first filed Nov 14, 2025, last Dec 9, 2025. Gopal Ajay Madan, Chief Financial Officer: sold $420.0K across 1 filing, first filed Nov 28, 2025, last Nov 28, 2025.
Largest mark · tap a row for others
Gilbert L. Baird III · Director
Sale $101,537,899
7,686,442 shares at $13.21 avg
Filed Nov 19, 2025 · traded Nov 17
Close on filing date $13.21
Gilbert L. Baird III · Director
Director
$101.5M soldTodd A. Suko · Chief Legal Officer and Secret
Chief Legal Officer and Secret
$2.1M soldSteve Ming Lo · Chief Accounting Officer
Chief Accounting Officer
$2.0M soldGopal Ajay Madan · Chief Financial Officer
Chief Financial Officer
$420.0K soldOpen-market trades
7 filings in the last 12 months| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
|---|---|---|---|---|---|---|
| Gilbert L. Baird III | Director | $101.5M | — | 1 | — | |
| Todd A. Suko | Chief Legal Officer and Secret | $2.1M | — | 2 | — | |
| Steve Ming Lo | Chief Accounting Officer | $2.0M | — | 3 | — | |
| Gopal Ajay Madan | Chief Financial Officer | $420.0K | — | 1 | — |
| Filed | Insider | Type | Shares | Avg price | Value | Held after | Source |
|---|---|---|---|---|---|---|---|
traded | Steve Ming Lo Chief Accounting Officer | Sale | 62,355 | $14.38 | $896.4K | 187,198 | |
traded | Todd A. Suko Chief Legal Officer and Secret | Sale | 72,933 | $14.10 | $1.0M | 606,510 | |
traded | Steve Ming Lo Chief Accounting Officer | Sale | 59,789 | $14.46 | $864.2K | 249,553 | |
traded | Gopal Ajay Madan Chief Financial Officer | Sale | 28,520 | $14.73 | $420.0K | 1,156,092 | |
traded | Todd A. Suko Chief Legal Officer and Secret | Sale | 75,693 | $14.08 | $1.1M | 711,054 | |
traded | Gilbert L. Baird III Director | Sale | 7,686,442 | $13.21 | $101.5M | 0 | |
traded | Steve Ming Lo Chief Accounting Officer | Sale | 13,542 | $14.27 | $193.2K | 331,768 |
GET /stocks/filings/vX/form-4?tickers=REAL&filing_date.gte=2025-10-26&sort=filing_date.desc&limit=500{
"status": "OK",
"results": [
{
"tickers": [
"REAL"
],
"issuer_cik": "0001573221",
"owner_cik": "0001780940",
"accession_number": "0001780940-25-000013",
"form_type": "4",
"filing_date": "2025-12-09",
"period_of_report": "2025-12-05",
"issuer_name": "TheRealReal, Inc.",
"issuer_trading_symbol": "REAL",
"owner_name": "Lo Steve Ming",
"is_director": false,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "Chief Accounting Officer",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": false,
"transaction_date": "2025-12-05",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 555,
"transaction_price_per_share": 14.453,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 248998,
"transaction_value": 8021.415,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F1",
"description": "Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.45 to $14.46. 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."
}
]
},
{
"tickers": [
"REAL"
],
"issuer_cik": "0001573221",
"owner_cik": "0001780940",
"accession_number": "0001780940-25-000013",
"form_type": "4",
"filing_date": "2025-12-09",
"period_of_report": "2025-12-05",
"issuer_name": "TheRealReal, Inc.",
"issuer_trading_symbol": "REAL",
"owner_name": "Lo Steve Ming",
"is_director": false,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "Chief Accounting Officer",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": false,
"transaction_date": "2025-12-08",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 13900,
"transaction_price_per_share": 14.13,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 231124,
"transaction_value": 196407,
"not_subject_to_section_16": false,
"direct_or_indirect": "D"
}
]
}
// trimmed to 2 resultsThe response includes every Form 4 record; this page keeps open-market purchases and sales on common stock and removes duplicate joint-filer rows.
Other insider activity (not market trades) · 91 records
- Option exercises1 record
- Tax withholding (sold to cover)70 records
- Grants and awards20 records
Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.
How to read this page
- Open-market purchase or sale
- A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- Filing date
- Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.
Frequently asked questions
Has The RealReal, Inc.'s CEO sold stock?
No. Levesque Rati Sahi (CEO) made no open-market sales filed as CEO in the last 12 months.
How current is REAL’s insider data?
These are REAL Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.
What counts as an open-market buy or sell?
Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.
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Track REAL insider trades with your agent
This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:
Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for REAL every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.
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