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sellModerate cluster of 5

Luke Thomas Friang sold $210k of REAL

Chief Product & Tech Officer at TheRealReal, Inc.. 19,609 shares at an average of $10.72, traded Feb 23, 2026, filed Feb 24, 2026.

Warning score
42
Value
$210k
19,609 shares
Holdings after
479,656
-4% from before
From 52-week low
+129%
low $4.79, close $10.97
From 52-week high
-35%
high $16.90, as of Feb 23, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $210k at market
    +12
  • Share of holdings sold
    Sold 3.9% of holdings
    0
  • Cluster
    5 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 Feb 24, 2026: -16.0%SPY +14.2% · excess -30.2%

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 0001350294-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 23, 2026SOpen-market sale
Common Stock
-8,848$10.72$95k490,417Feb 24, 2026
Feb 23, 2026SOpen-market sale
Common Stock
-8,321$10.72$89k482,096Feb 24, 2026
Feb 23, 2026SOpen-market sale
Common Stock
-2,440$10.72$26k479,656Feb 24, 2026
Feb 23, 2026AGrant or award
Common Stock
+72,203$0.00$0551,859Feb 24, 2026

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 5
TheRealReal, Inc.
Steve Ming Lo
Chief Accounting Officer
$182k
16,962 shares
-9%
52Moderate
REALsell 5
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$336k
31,381 shares
-3%
65Notable
REALsell 5
TheRealReal, Inc.
Levesque Rati Sahi
Chief Executive Officer
$1.3M
121,399 shares
-8%
48Moderate
REALsell 5
TheRealReal, Inc.
Todd A Suko
Chief Legal Officer and Secret
$493k
45,947 shares
-8%
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%

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.