TheRealReal REAL Insider Ownership

NASDAQ REAL

$10.96 +0.56 (+5.38%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

9.64Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

4.68%

▼-0.261% pp QoQ

Shares Held by Insiders

5.70Mn

filed for Sep 2026

▼-5.28% QoQ

Shares Outstanding

121.67Mn

121,666,258 shares

Direct Holdings

5.70Mn

Indirect: 0

Net Shares Traded (QoQ)

-317.47K

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Across the past 12 months, open-market trades by TheRealReal insiders were all sales, totaling $115.06 million (8.83Mn shares).

By number of insiders, TheRealReal saw 6 insiders sell on the open market over the past 12 months and none buy.
Gilbert L. Baird III (Director) was REAL's largest open-market seller in the past 12 months, with $101.54 million of sales (7.69Mn shares); the latest was on November 17, 2025.
TheRealReal's latest insider trade on the open market was a sale of 84.43K shares for $927,063 by Levesque Rati Sahi (Chief Executive Officer) on August 21, 2026.
Outside the open market, TheRealReal insiders received 493.8K shares in stock awards and acquired 13.54K shares through option exercises and conversions over the past 12 months.
Business Quant data puts insider holdings in REAL at 5.7Mn shares across insiders' latest Form 4 filings, down 5.28% from 6.02Mn shares at the end of Q2 2026 and down 23.57% from 7.46Mn shares at the end of Q3 2025.
All of the 5.7Mn shares held by TheRealReal insiders are held directly, none through trusts, partnerships or other entities.
Business Quant counts 14 insiders with holdings in TheRealReal stock, among the officers, directors and 10% owners who have filed a Form 4 in the past two years.
REAL's three largest insider shareholders, per their latest Form 4 filings, are Levesque Rati Sahi (Chief Executive Officer, 1.5Mn shares), Gopal Ajay Madan (Chief Financial Officer, 1.11Mn shares) and Chatelle Aileen Lynch (Chief People Officer, 613.58K shares).
Levesque Rati Sahi holds 26.26% of the combined insider position in TheRealReal.
Institutions owned 92.77% of REAL shares as of Q2 2026; insiders' latest Form 4 filings account for about 4.68%, leaving roughly 2.55% with other investors, including the public.
A total of 45 Form 4 filings with transactions in TheRealReal stock were made over the past 12 months, by 13 insiders.
This summary of TheRealReal insider activity covers Form 4 filings through October 1, 2026.

Form 4 Holdings

Insiders Holding REAL

Insiders 18

Shares held 9.64Mn

Of outstanding 7.92%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Julie Wainwright	Chief Executive Officer	2,611,820	2,611,820	27.1%	24 May, 2022
2	Levesque Rati Sahi	Chief Executive Officer	1,496,844	1,496,844	15.5%	24 Aug, 2026
3	Gopal Ajay Madan	Chief Financial Officer	1,108,860	1,108,860	11.5%	24 Aug, 2026
4	Robert K. Julian	Chief Financial Officer	965,797	965,797	10.0%	02 Jan, 2024
5	Chatelle Aileen Lynch	Chief People Officer	613,577	613,577	6.4%	14 Aug, 2025
6	Todd A Suko	Chief Legal Officer And Secret	587,897	587,897	6.1%	24 Aug, 2026
7	Luke Thomas Friang	Chief Product Tech Officer	508,648	508,648	5.3%	24 Aug, 2026
8	Caretha Coleman	Director	265,933	265,933	2.8%	29 Jul, 2026
9	Karen Katz	Director	256,145	256,145	2.7%	01 Oct, 2026
10	Carol A Melton	Director	208,112	208,112	2.2%	26 Jul, 2024
11	Niki Leondakis	Director	207,489	207,489	2.2%	07 Jan, 2026
12	Robert J Krolik	Director	205,507	205,507	2.1%	29 Jul, 2026
13	James R. Miller	Director	198,066	198,066	2.1%	29 Jul, 2026
14	Steve Ming Lo	Chief Accounting Officer	176,910	176,910	1.8%	24 Aug, 2026
15	Arnon Katz	Chief Product And Technology O	150,000	150,000	1.6%	24 Feb, 2022
16	Mark Mccaffrey	Director	29,169	29,169	0.3%	01 Oct, 2026
17	Gilbert L. Iii Baird	Director	26,025	26,025	0.3%	11 Aug, 2025
18	Jennifer Mckeehan	Director	18,397	18,397	0.2%	29 Jul, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

900 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
30 Sep, 2026	Mark Mccaffrey	Director	Acquired A	1,414	$0.00	$0	29,169	Direct
30 Sep, 2026	Karen Katz	Director	Acquired A	2,262	$0.00	$0	256,145	Direct
21 Aug, 2026	Levesque Rati Sahi	Chief Executive Officer	Disposed S	8,071	$10.98	$88.62K	1,573,205	Direct
21 Aug, 2026	Todd A Suko	Chief Legal Officer And Secret	Disposed S	10,895	$10.97	$119.52K	594,569	Direct
21 Aug, 2026	Gopal Ajay Madan	Chief Financial Officer	Disposed S	8,067	$10.98	$88.58K	1,137,211	Direct
21 Aug, 2026	Luke Thomas Friang	Chief Product Tech Officer	Disposed S	8,485	$10.98	$93.17K	522,191	Direct
21 Aug, 2026	Steve Ming Lo	Chief Accounting Officer	Disposed S	2,167	$10.97	$23.77K	187,302	Direct
21 Aug, 2026	Luke Thomas Friang	Chief Product Tech Officer	Disposed S	2,514	$10.98	$27.60K	519,677	Direct
21 Aug, 2026	Steve Ming Lo	Chief Accounting Officer	Disposed S	8,985	$10.97	$98.57K	178,317	Direct
21 Aug, 2026	Gopal Ajay Madan	Chief Financial Officer	Disposed S	4,770	$10.98	$52.37K	1,132,441	Direct
21 Aug, 2026	Levesque Rati Sahi	Chief Executive Officer	Disposed S	20,216	$10.98	$221.97K	1,552,989	Direct
21 Aug, 2026	Todd A Suko	Chief Legal Officer And Secret	Disposed S	2,479	$10.98	$27.22K	592,090	Direct
21 Aug, 2026	Levesque Rati Sahi	Chief Executive Officer	Disposed S	56,145	$10.98	$616.47K	1,496,844	Direct
21 Aug, 2026	Todd A Suko	Chief Legal Officer And Secret	Disposed S	4,193	$10.98	$46.04K	587,897	Direct
21 Aug, 2026	Steve Ming Lo	Chief Accounting Officer	Disposed S	1,407	$10.98	$15.45K	176,910	Direct
21 Aug, 2026	Luke Thomas Friang	Chief Product Tech Officer	Disposed S	8,528	$10.98	$93.64K	511,149	Direct
21 Aug, 2026	Gopal Ajay Madan	Chief Financial Officer	Disposed S	23,581	$10.98	$258.92K	1,108,860	Direct
21 Aug, 2026	Luke Thomas Friang	Chief Product Tech Officer	Disposed S	2,501	$10.98	$27.46K	508,648	Direct
27 Jul, 2026	Caretha Coleman	Director	Acquired A	14,150	$0.00	$0	265,933	Direct
27 Jul, 2026	James R. Miller	Director	Acquired A	14,150	$0.00	$0	198,066	Direct

Showing 1 to 20 of 900 transactions