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sellModerate cluster of 6

Steve Ming Lo sold $293k of REAL

Chief Accounting Officer at TheRealReal, Inc.. 22,426 shares at an average of $13.06, traded Nov 21, 2025, filed Nov 21, 2025.

Warning score
44
Value
$293k
22,426 shares
Holdings after
309,342
-7% from before
From 52-week low
+202%
low $4.48, close $13.52
From 52-week high
-13%
high $15.48, as of Nov 21, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $293k at market
    +14
  • Share of holdings sold
    Sold 6.8% of holdings
    0
  • Cluster
    6 insiders selling within 14 days
    +15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

REALOct 9, 2026 · close 9.75
Since filing Nov 21, 2025: -27.9%SPY +19.4% · excess -47.3%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001780940-25-000009, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 21, 2025SOpen-market sale
Common Stock
-6,429$13.06$84k325,339Nov 21, 2025
Nov 21, 2025SOpen-market sale
Common Stock
-5,358$13.06$70k319,981Nov 21, 2025
Nov 21, 2025SOpen-market sale
Common Stock
-8,571$13.06$112k311,410Nov 21, 2025
Nov 21, 2025SOpen-market sale
Common Stock
-2,068$13.06$27k309,342Nov 21, 2025

Related signals

Other insiders at TheRealReal, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
40Moderate
REALsell
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$479k
51,585 shares
-4%
42Moderate
REALsell 3
TheRealReal, Inc.
Luke Thomas Friang
Chief Product & Tech Officer
$210k
19,609 shares
-4%
42Moderate
REALsell 3
TheRealReal, Inc.
Steve Ming Lo
Chief Accounting Officer
$182k
16,962 shares
-9%
52Moderate
REALsell 3
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$336k
31,381 shares
-3%
59Moderate
REALsell 5
TheRealReal, Inc.
Steve Ming Lo
Chief Accounting Officer
$896k
62,355 shares
-25%
58Moderate
REALsell 6
TheRealReal, Inc.
Steve Ming Lo
Chief Accounting Officer
$864k
59,789 shares
-19%
53Moderate
REALsell 6
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$420k
28,520 shares
-2%
60Notable
REALsell 6
TheRealReal, Inc.
Todd A Suko
Chief Legal Officer and Secret
$1.0M
72,933 shares
-11%
43Moderate
REALsell 6
TheRealReal, Inc.
Luke Thomas Friang
Chief Product & Tech Officer
$243k
18,619 shares
-4%
53Moderate
REALsell 6
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$394k
30,196 shares
-2%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Steve Ming Lo sold $293k of REAL | InsiderTell