🕵️ Therealreal, Inc. ($REAL)
SEC insider & ownership activity, last 12 months · CIK 1573221 · every row links its SEC filing
Over the last 12 months insiders sold $116.8M with no open-market buying against it. Gilbert L. Baird III sold $101.5M in discretionary trades (Nov). No red-flag 8-Ks in the window.
🚨 3 signals active —
planned-vs-executed verdicts, pre-event flags, and cluster context live in the
API and the
alerts bot.
Monthly net open-market insider flow, last 12 months (up = net buying)
Insider flow
0 buyers, $0 (0 lots) · 7 sellers, $116.8M (69 lots)
| Insider | Buys | Bought | Sells | Sold | Last |
|---|---|---|---|---|---|
| Gilbert L. Baird III | 0 | – | 1 | $101.5M | Nov 17, 2025 |
| Sahi Levesque Rati | 0 | – | 17 | $6.6M | May 21, 2026 |
| Todd A. Suko | 0 | – | 15 | $3.2M | May 21, 2026 |
| Lo Steve Ming | 0 | – | 16 | $2.5M | May 21, 2026 |
| Madan Gopal Ajay | 0 | – | 9 | $2.0M | May 21, 2026 |
| Friang Luke Thomas | 0 | – | 10 | $649K | May 21, 2026 |
| Chatelle Aileen Lynch | 0 | – | 1 | $384K | Aug 12, 2025 |
5%+ holders
| Holder | Stake | Class | Schedule | Event | |
|---|---|---|---|---|---|
| Divisadero Street Capital Management, LP | 7.6% | 13G | Jun 30, 2026 | filing ↗ | |
| William Zolezzi | 7.6% | 13G | Jun 30, 2026 | filing ↗ | |
| Divisadero Street Capital, LLC | 7.6% | 13G | Jun 30, 2026 | filing ↗ | |
| Divisadero Street Partners, L.P. | 5.9% | 13G | Jun 30, 2026 | filing ↗ | |
| Divisadero Street Partners GP, LLC | 5.9% | 13G | Jun 30, 2026 | filing ↗ | |
| FMR LLC | 5.2% | 13G | Jul 8, 2026 | filing ↗ | |
| Abigail P. Johnson | 5.2% | 13G | Jul 8, 2026 | filing ↗ |
Planned insider sales (Form 144)
| Seller | Planned | Approx. sale date | |
|---|---|---|---|
| Niki Leondakis | $160K | Apr 27, 2026 | filing ↗ |
| Niki Leondakis | $87K | Apr 24, 2026 | filing ↗ |
| Steve Lo | $635K | Dec 9, 2025 | filing ↗ |
| Steve Lo | $254K | Dec 8, 2025 | filing ↗ |
| Steve Lo | $8K | Dec 5, 2025 | filing ↗ |
| Ajay Madan Gopal | $420K | Nov 26, 2025 | filing ↗ |
| Steve Lo | $864K | Nov 25, 2025 | filing ↗ |
| Todd Andrew Suko | $1.1M | Nov 25, 2025 | filing ↗ |
| Todd Andrew Suko | $1.1M | Nov 18, 2025 | filing ↗ |
| Greylion Partners LP | $3.3M | Nov 17, 2025 | filing ↗ |
| PWP Growth Equity Fund II LP | $82.0M | Nov 17, 2025 | filing ↗ |
| PWP Growth Equity Fund II B LP | $23.6M | Nov 17, 2025 | filing ↗ |
| Steve Lo | $193K | Nov 13, 2025 | filing ↗ |
| Rati Sahi Levesque | $486K | Aug 18, 2025 | filing ↗ |
| Rati Sahi Levesque | $1.6M | Aug 18, 2025 | filing ↗ |
| Rati Sahi Levesque | $1.2M | Aug 15, 2025 | filing ↗ |
| Chatelle Aileen Lynch | $384K | Aug 12, 2025 | filing ↗ |
Material events (8-K)
| Item | Event date | |
|---|---|---|
| Shareholder vote (5.07) | Jun 10, 2026 | filing ↗ |
| Earnings (2.02) | May 7, 2026 | filing ↗ |
| Financial Statements and Exhibits (9.01) | May 7, 2026 | filing ↗ |
| Officer/director changes (5.02) | Mar 6, 2026 | filing ↗ |
| Reg FD disclosure (7.01) | Mar 6, 2026 | filing ↗ |
| Financial Statements and Exhibits (9.01) | Mar 6, 2026 | filing ↗ |
| Earnings (2.02) | Feb 26, 2026 | filing ↗ |
| Financial Statements and Exhibits (9.01) | Feb 26, 2026 | filing ↗ |
| Officer/director changes (5.02) | Nov 17, 2025 | filing ↗ |
| Financial Statements and Exhibits (9.01) | Nov 17, 2025 | filing ↗ |
| Earnings (2.02) | Nov 10, 2025 | filing ↗ |
| Financial Statements and Exhibits (9.01) | Nov 10, 2025 | filing ↗ |
| New financial obligation (2.03) | Aug 20, 2025 | filing ↗ |
| Unregistered equity sale (3.02) | Aug 20, 2025 | filing ↗ |
| Financial Statements and Exhibits (9.01) | Aug 20, 2025 | filing ↗ |
| Earnings (2.02) | Aug 7, 2025 | filing ↗ |
| Financial Statements and Exhibits (9.01) | Aug 7, 2025 | filing ↗ |