TheRealReal (REAL) CEO Sahi Levesque Rati Sells 84,432 Shares

What Happened Sahi Levesque Rati, CEO of TheRealReal, sold a total of 84,432 shares of REAL on Aug 21, 2026 in three open-market transactions at $10.98 per share. The tranches were: 8,071 shares for $88,620; 20,216 shares for $221,972; and 56,145 shares for $616,472, totaling approximately $927,064. These were sales (not purchases) and the filing shows they were automatic sales to satisfy tax withholding tied to the vesting of equity awards.

Key Details

• Transaction date: 2026-08-21 (all three sales) at $10.98 per share.
• Proceeds: $88,620; $221,972; $616,472 — total ≈ $927,064.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — shares were automatically sold by TheRealReal to satisfy tax withholding on vested equity.
• Filing date: 2026-08-24; this filing date is within the normal Form 4 reporting window for an 8/21 transaction (timely).

Context Tax-withholding sales tied to vesting are common and typically routine administrative actions rather than direct signals of an insider’s view on the company’s outlook. For retail investors, note the transaction type (F = tax withholding) and that no additional purchases or option exercises were reported in this filing.