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sellModerate cluster of 5

Gopal Ajay Madan sold $336k of REAL

Chief Financial Officer at TheRealReal, Inc.. 31,381 shares at an average of $10.72, traded Feb 23, 2026, filed Feb 24, 2026.

Warning score
52
Value
$336k
31,381 shares
Holdings after
1,124,711
-3% 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
    CFO
    +22
  • Trade size
    $336k at market
    +15
  • Share of holdings sold
    Sold 2.7% 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.

This signal so far: 1m -22.5%, 3m -18.2%, 6m -4.2%.

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 12, 2026 · close 9.69
Since filing Feb 24, 2026: -16.5%SPY +14.1% · excess -30.6%

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 0002016432-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 23, 2026SOpen-market sale
Common Stock
-23,511$10.72$252k1,132,581Feb 24, 2026
Feb 23, 2026SOpen-market sale
Common Stock
-7,870$10.72$84k1,124,711Feb 24, 2026
Feb 23, 2026AGrant or award
Common Stock
+106,181$0.00$01,230,892Feb 24, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
43Moderate
REALsell 5
TheRealReal, Inc.
Luke Thomas Friang
Chief Product & Tech Officer
$242k
22,028 shares
-4%
41Moderate
REALsell 5
TheRealReal, Inc.
Steve Ming Lo
Chief Accounting Officer
$138k
12,559 shares
-7%
53Moderate
REALsell 5
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$400k
36,418 shares
-3%
64Notable
REALsell 5
TheRealReal, Inc.
Levesque Rati Sahi
Chief Executive Officer
$927k
84,432 shares
-5%
42Moderate
REALsell 5
TheRealReal, Inc.
Todd A Suko
Chief Legal Officer and Secret
$193k
17,567 shares
-3%
42Moderate
REALsell 5
TheRealReal, Inc.
Luke Thomas Friang
Chief Product & Tech Officer
$196k
21,183 shares
-4%
40Moderate
REALsell 5
TheRealReal, Inc.
Steve Ming Lo
Chief Accounting Officer
$112k
12,077 shares
-6%
51Moderate
REALsell 5
TheRealReal, Inc.
Gopal Ajay Madan
Chief Financial Officer
$324k
35,023 shares
-3%
62Notable
REALsell 5
TheRealReal, Inc.
Levesque Rati Sahi
Chief Executive Officer
$751k
81,194 shares
-5%
41Moderate
REALsell 5
TheRealReal, Inc.
Todd A Suko
Chief Legal Officer and Secret
$161k
17,353 shares
-3%

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.

Gopal Ajay Madan sold $336k of REAL | InsiderTell