Steve Lo, an officer of The RealReal, Inc., filed a Form 144 notice on November 10, 2026, disclosing a proposed sale of 20,070 shares of common stock on NASDAQ:REAL.

Key Highlights

  • Proposed seller: Steve Lo, identified as an officer of The RealReal, Inc.
  • Shares proposed for sale: 20,070 shares of common stock, with an aggregate market value of $299,043.00.
  • Shares outstanding: 124,713,031 shares of common stock outstanding at the time of filing.
  • Acquisition date: The shares were acquired on August 20, 2025, as restricted stock from the issuer, with no cash payment required (noted as "Not Applicable").
  • Approximate sale date: November 10, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.
  • Prior three-month sales: Lo sold 12,559 shares of common stock on August 21, 2026, generating gross proceeds of $137,836.15.

Steve Lo's Proposed Common Stock Sale at The RealReal

According to the Form 144 filing, Steve Lo, an officer of The RealReal, Inc. (NASDAQ:REAL), filed a notice of proposed sale covering 20,070 shares of the company's common stock. The filing lists an aggregate market value of $299,043.00 for those shares and identifies the approximate date of sale as November 10, 2026. The broker named to execute the transaction is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

The filing discloses that the 20,070 shares were acquired on August 20, 2025, through a restricted stock grant from the issuer. The date of payment is listed as August 20, 2025, and the nature of payment is recorded as "Not Applicable," indicating no cash consideration was paid by Lo at acquisition. The total shares of common stock outstanding are reported as 124,713,031.

The filing also reports that, within the three months prior to this notice, Lo sold 12,559 shares of common stock on August 21, 2026, for gross proceeds of $137,836.15. By signing the Form 144, Lo represented that he does not know of any material adverse information regarding the current and prospective operations of The RealReal that has not been publicly disclosed, as stated in the form's standard attestation language.

What Was Disclosed

The RealReal officer Steve Lo filed a Form 144 on November 10, 2026, proposing to sell 20,070 shares of common stock valued at $299,043.00, acquired as restricted stock in August 2025, through Morgan Stanley Smith Barney LLC.