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REAL - Therealreal, Inc.

Insider Sale by Madan Gopal Ajay (CFO)

1 Month
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Trade Summary

4 days ago, Madan Gopal Ajay, serving as CFO at Therealreal, Inc. (REAL), sold 51,585 shares at $9.29 per share, for a total transaction value of $479,225.00. Following this transaction, Madan Gopal Ajay now holds 1,179,307 shares of REAL.

This sale represents a 4.00% decrease in Madan Gopal Ajay's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Thursday, March 19, 2026 and publicly disclosed via SEC Form 4 filing on Friday, March 20, 2026, 1 day after the trade was made.

Therealreal, Inc. operates in the CONSUMER CYCLICAL sector, specifically within the LUXURY GOODS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Madan Gopal Ajay

CFO

Ajay Madan Gopal is the Chief Financial Officer (CFO) of The RealReal, Inc. (NASDAQ: REAL), a position he assumed on March 18, 2024.[[1]](https://contracts.justia.com/companies/therealreal-inc-8293/contract/1269105/) His employment offer from The RealReal included a base salary of $500,000, a $300,000 sign-on bonus, equity awards comprising 700,000 time-based restricted stock units and performance-based units, and eligibility for discretionary bonuses and benefits.[[1]](https://contracts.justia.com/companies/therealreal-inc-8293/contract/1269105/) He reports directly to the Chief Executive Officer and is based at the company's San Francisco headquarters.[[1]](https://contracts.justia.com/companies/therealreal-inc-8293/contract/1269105/) As CFO, Gopal has engaged in insider trading activities, including automatic share sales to cover tax withholding obligations upon vesting of equity awards. On February 23, 2026, he sold 31,381 shares at $10.72 per share and acquired 106,181 restricted stock units vesting quarterly, resulting in direct ownership of 1,230,892 shares.[[2]](https://www.stocktitan.net/sec-filings/REAL/form-4-the-real-real-inc-insider-trading-activity-1b64d31e02cd.html)[[4]](https://www.investing.com/news/insider-trading-news/therealreal-cfo-madan-gopal-sells-336k-in-shares-93CH-4523261) Prior sales include a total of 90,097 shares across five transactions as of early 2026.[[3]](https://www.quiverquant.com/news/The+RealReal+(REAL)+Stock+Falls+on+Q4+2025+Earnings) Specific details on his prior career experience and education are not available in the provided sources.

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Trade Price

$9.29

Quantity

51,585

Total Value

$479,225.00

Shares Owned

1,179,307

Trade Date

Thursday, March 19, 2026

4 days ago

SEC Filing Date

Friday, March 20, 2026

Filed 1 day after trade

CONSUMER CYCLICALLUXURY GOODS

About Therealreal, Inc.

Company Overview

No company information available
View news mentioning REAL

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