Sahi Levesque Rati 4
4 · TheRealReal, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
TheRealReal (REAL) CEO Sahi Levesque Rati Sells Shares, Receives RSU Award
What Happened Sahi Levesque Rati, CEO of TheRealReal, reported sales of 121,399 shares on Feb 23, 2026 at $10.72 per share totaling approximately $1,301,398. The filing also shows the vesting/award of 179,691 restricted stock units (RSUs) reported as acquired at $0.00 (economic equivalent of shares) tied to equity awards.
Key Details
- Transaction date: Feb 23, 2026; Form 4 filed Feb 24, 2026 (appears timely).
- Sales (open market/private sale code S):
- 5,265 shares @ $10.72 = $56,441
- 15,339 shares @ $10.72 = $164,434
- 26,294 shares @ $10.72 = $281,872
- 19,721 shares @ $10.72 = $211,409
- 54,780 shares @ $10.72 = $587,242
- Total sold: 121,399 shares for ~$1,301,398.
- Acquisition (code A): 179,691 RSUs reported as acquired at $0.00 (vesting award).
- Footnotes:
- F1/F2: Portions of shares were automatically sold by the company to satisfy withholding tax obligations tied to award vesting.
- F3: RSUs represent the economic equivalent of one share each and will be issued upon vesting.
- F4: These RSUs were granted under the 2019 Equity Incentive Plan and vest in 12 equal quarterly installments from the vesting commencement date.
- Shares owned after the transactions are not specified in the provided excerpt.
Context The reported share disposals were linked to tax-withholding obligations from vesting awards (per footnotes), a routine administrative transaction that does not necessarily signal the insider's view on the company's stock. The larger event is the issuance/vesting of RSUs (179,691), which increases the insider's potential future share holdings subject to the stated vesting schedule.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-23$10.72/sh−5,265$56,441→ 1,598,913 total - Sale
Common Stock
[F1]2026-02-23$10.72/sh−15,339$164,434→ 1,583,574 total - Sale
Common Stock
[F2]2026-02-23$10.72/sh−26,294$281,872→ 1,557,280 total - Sale
Common Stock
[F1]2026-02-23$10.72/sh−19,721$211,409→ 1,537,559 total - Sale
Common Stock
[F1]2026-02-23$10.72/sh−54,780$587,242→ 1,482,779 total - Award
Common Stock
[F3][F4]2026-02-23+179,691→ 1,662,470 total
Footnotes (4)
- [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.