Senior insider sale

VP, Corporate Controller at THEREALREAL, INC. — senior position signals high conviction

$2.25M

158.11K shares

What this filing means

LO STEVE MING plans to sell 158.11K shares of THEREALREAL, INC. valued at approximately $2.25M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.

LO STEVE MING

Filed: 12/9/2025ACC: 0001950047-25-009984

InsiderLO STEVE MINGCIK 1780940

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IssuerTHEREALREAL, INC.CIK 1573221

Officer· VP, Corporate Controller

Since Jun 2019

158.11K

Shares to sell

$2.25M

Approx. market value

43.93K

Acquired (3 months)

Planned

5 completed

Securities Acquired — Last 3 Months11

Sort

Restricted Stock

Not Applicable

2/20/2024

7.36K

Restricted Stock

Not Applicable

2/20/2024

6.14K

Restricted Stock

Not Applicable

2/20/2024

2.21K

Restricted Stock

Not Applicable

2/20/2024

319.00

Restricted Stock

Not Applicable

5/20/2023

8.23K

Restricted Stock

Not Applicable

5/20/2023

352.00

Restricted Stock

Not Applicable

5/20/2023

2.59K

Restricted Stock

Not Applicable

5/20/2023

6.83K

Restricted Stock

Not Applicable

2/20/2023

2.21K

Restricted Stock

Not Applicable

2/20/2023

7.37K

Restricted Stock

Not Applicable

2/20/2023

319.00

Total acquired43.93K

Acquisition Date	Type	Amount Acquired	Gift
2/20/2024	Restricted Stock Not Applicable	7.36K	—
2/20/2024	Restricted Stock Not Applicable	6.14K	—
2/20/2024	Restricted Stock Not Applicable	2.21K	—
2/20/2024	Restricted Stock Not Applicable	319.00	—
5/20/2023	Restricted Stock Not Applicable	8.23K	—
5/20/2023	Restricted Stock Not Applicable	352.00	—
5/20/2023	Restricted Stock Not Applicable	2.59K	—
5/20/2023	Restricted Stock Not Applicable	6.83K	—
2/20/2023	Restricted Stock Not Applicable	2.21K	—
2/20/2023	Restricted Stock Not Applicable	7.37K	—
2/20/2023	Restricted Stock Not Applicable	319.00	—
Total		43.93K

Planned & Completed Dispositions6

Sort

Completed

—Completed

Units to sell

17.87K

Market value

$253.7K

12/8/2025

—Completed

Units to sell

555.00

Market value

$8.0K

12/5/2025

—Completed

Units to sell

59.79K

Market value

$864.3K

11/25/2025

—Completed

Units to sell

22.43K

Market value

$293.0K

11/21/2025

—Completed

Units to sell

13.54K

Market value

$193.2K

11/13/2025

Planned — Approximate Date

NASDAQPlanned

Units to sell

43.93K

Market value

$634.7K

12/9/2025

Total

Units

158.11K

Value

$2.25M

Date	Units to Sell	Approx. Market Value	Exchange	Status
Completed
12/8/2025	17.87K	$253.7K	—	Completed
12/5/2025	555.00	$8.0K	—	Completed
11/25/2025	59.79K	$864.3K	—	Completed
11/21/2025	22.43K	$293.0K	—	Completed
11/13/2025	13.54K	$193.2K	—	Completed
Planned — Approximate Date
12/9/2025	43.93K	$634.7K	NASDAQ	Planned
Total	158.11K	$2.25M