REAL

SEC source: 0001780551-26-000002 · wk-form4_1771969364.xml · nonDerivative · entry 6

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,662,470

F3 · security: Represents shares of TheRealReal, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units. Each restricted stock unit is the economic equivalent of one share of TheRealReal, Inc. common stock.

F4 · shares: The restricted stock units were granted to the Reporting Person on the Transaction Date pursuant to TheRealReal Inc. 2019 Equity Incentive Plan. The restricted stock units will vest in twelve (12) equal installments on a quarterly basis from the vesting commencement date.

SEC source: 0001780551-26-000002 · wk-form4_1771969364.xml · nonDerivative · entry 5

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,482,779

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-26-000002 · wk-form4_1771969364.xml · nonDerivative · entry 4

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,537,559

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-26-000002 · wk-form4_1771969364.xml · nonDerivative · entry 3

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,557,280

F2 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of 50,000 shares of the performance award granted on March 3, 2023.

SEC source: 0001780551-26-000002 · wk-form4_1771969364.xml · nonDerivative · entry 2

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,583,574

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-26-000002 · wk-form4_1771969364.xml · nonDerivative · entry 1

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,598,913

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-26-000002 · wk-form4_1771969317.xml · nonDerivative · entry 3

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 170,236

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-26-000002 · wk-form4_1771969317.xml · nonDerivative · entry 2

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 172,351

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-26-000002 · wk-form4_1771969317.xml · nonDerivative · entry 1

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 181,147

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-26-000002 · wk-form4_1771969398.xml · nonDerivative · entry 6

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 624,271

F3 · security: Represents shares of TheRealReal, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units. Each restricted stock unit is the economic equivalent of one share of TheRealReal, Inc. common stock.

F4 · shares: The restricted stock units were granted to the Reporting Person on the Transaction Date pursuant to TheRealReal Inc. 2019 Equity Incentive Plan. The restricted stock units will vest in twelve (12) equal installments on a quarterly basis from the vesting commencement date.

SEC source: 0001299690-26-000002 · wk-form4_1771969398.xml · nonDerivative · entry 5

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 560,563

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-26-000002 · wk-form4_1771969398.xml · nonDerivative · entry 4

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 565,285

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-26-000002 · wk-form4_1771969398.xml · nonDerivative · entry 3

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 577,556

F2 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of 30,000 shares of the performance award granted on March 3, 2023.

SEC source: 0001299690-26-000002 · wk-form4_1771969398.xml · nonDerivative · entry 2

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 593,333

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-26-000002 · wk-form4_1771969398.xml · nonDerivative · entry 1

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 602,723

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001350294-26-000002 · wk-form4_1771969429.xml · nonDerivative · entry 4

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 551,859

F2 · security: Represents shares of TheRealReal, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units. Each restricted stock unit is the economic equivalent of one share of TheRealReal, Inc. common stock.

F3 · shares: The restricted stock units were granted to the Reporting Person on the Transaction Date pursuant to TheRealReal Inc. 2019 Equity Incentive Plan. The restricted stock units will vest in twelve (12) equal installments on a quarterly basis from the vesting commencement date.

SEC source: 0001350294-26-000002 · wk-form4_1771969429.xml · nonDerivative · entry 3

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 479,656

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001350294-26-000002 · wk-form4_1771969429.xml · nonDerivative · entry 2

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 482,096

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001350294-26-000002 · wk-form4_1771969429.xml · nonDerivative · entry 1

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 490,417

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001157619-26-000005 · wk-form4_1767820792.xml · nonDerivative · entry 1

KATZ KAREN · CIK 0001157619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 236,367

F1 · security: Represents shares of TheRealReal, Inc. common stock that will be issued to the Reporting Person upon settlement of deferred restricted stock units (DRSUs). Each DRSU is the economic equivalent of one share of TheRealReal, Inc. common stock.

F2 · shares: The DRSUs were granted to the Reporting Person on December 31,2025 pursuant to TheRealReal Inc. 2019 Equity Incentive Plan and are fully vested. The DRSUs are deferred and generally will be settled upon the Reporting Persons separation from service as a Non-Employee Director of the TheRealReal Inc. or a date elected by the Reporting Person.

SEC source: 0001780506-26-000002 · wk-form4_1767820740.xml · nonDerivative · entry 1

Leondakis Niki · CIK 0001780506 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 207,489

F1 · security: Represents shares of TheRealReal, Inc. common stock that will be issued to the Reporting Person upon settlement of deferred restricted stock units (DRSUs). Each DRSU is the economic equivalent of one share of TheRealReal, Inc. common stock.

F2 · shares: The DRSUs were granted to the Reporting Person on December 31, 2025 pursuant to TheRealReal Inc. 2019 Equity Incentive Plan and are fully vested. The DRSUs are deferred and generally will be settled upon the Reporting Persons separation from service as a Non-Employee Director of the TheRealReal Inc. or a date elected by the Reporting Person.

SEC source: 0001780940-25-000013 · wk-form4_1765314201.xml · nonDerivative · entry 4

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 187,198

SEC source: 0001780940-25-000013 · wk-form4_1765314201.xml · nonDerivative · entry 3

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 231,124

SEC source: 0001780940-25-000013 · wk-form4_1765314201.xml · nonDerivative · entry 2

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 245,024

F2 · price: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.410 to $14.435. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

SEC source: 0001780940-25-000013 · wk-form4_1765314201.xml · nonDerivative · entry 1

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 248,998

F1 · price: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.45 to $14.46. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

SEC source: 0002016432-25-000008 · wk-form4_1764358554.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,156,092

F1 · price: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.72 to $14.77. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

SEC source: 0001780940-25-000011 · wk-form4_1764358426.xml · nonDerivative · entry 1

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 249,553

F1 · price: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.43 to $14.53. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

SEC source: 0001299690-25-000011 · wk-form4_1764358352.xml · nonDerivative · entry 1

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 606,510

F1 · price: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.00 to $14.355. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

SEC source: 0002016432-25-000006 · wk-form4_1763774533.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,184,612

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0002016432-25-000006 · wk-form4_1763774533.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,192,309

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

F2 · balance_after: Includes 1,757 shares acquired on November 14, 2025 through the company's Employee Stock Purchase Plan (ESPP).

SEC source: 0001780551-25-000008 · wk-form4_1763774404.xml · nonDerivative · entry 5

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,604,178

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-25-000008 · wk-form4_1763774404.xml · nonDerivative · entry 4

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,657,744

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-25-000008 · wk-form4_1763774404.xml · nonDerivative · entry 3

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,677,029

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-25-000008 · wk-form4_1763774404.xml · nonDerivative · entry 2

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,692,029

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780551-25-000008 · wk-form4_1763774404.xml · nonDerivative · entry 1

Sahi Levesque Rati · CIK 0001780551 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,696,819

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-25-000009 · wk-form4_1763774502.xml · nonDerivative · entry 4

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 309,342

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-25-000009 · wk-form4_1763774502.xml · nonDerivative · entry 3

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 311,410

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-25-000009 · wk-form4_1763774502.xml · nonDerivative · entry 2

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 319,981

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001780940-25-000009 · wk-form4_1763774502.xml · nonDerivative · entry 1

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 325,339

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-25-000009 · wk-form4_1763774375.xml · nonDerivative · entry 5

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 679,443

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-25-000009 · wk-form4_1763774375.xml · nonDerivative · entry 4

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 684,062

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-25-000009 · wk-form4_1763774375.xml · nonDerivative · entry 3

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 696,062

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-25-000009 · wk-form4_1763774375.xml · nonDerivative · entry 2

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 705,062

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-25-000009 · wk-form4_1763774375.xml · nonDerivative · entry 1

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 708,416

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001350294-25-000006 · wk-form4_1763774462.xml · nonDerivative · entry 3

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 499,265

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001350294-25-000006 · wk-form4_1763774462.xml · nonDerivative · entry 2

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 501,652

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001350294-25-000006 · wk-form4_1763774462.xml · nonDerivative · entry 1

Friang Luke Thomas · CIK 0001350294 · Chief Product & Tech Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 509,789

F1 · kind: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award.

SEC source: 0001299690-25-000007 · wk-form4_1763676099.xml · nonDerivative · entry 1

Suko Todd A · CIK 0001299690 · Chief Legal Officer and Secret

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 711,054

F1 · price: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.00 to $14.19. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 · balance_after: Includes 958 shares acquired on November 14, 2025 through the company's Employee Stock Purchase Plan (ESPP).

SEC source: 0001213900-25-112631 · ownership.xml · nonDerivative · entry 1

Baird Gilbert L. III · CIK 0001586636 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Grey Lion

Disclosed balance after: 0

F1 · price: Reflects the sale of 7,686,442 shares of common stock of TheRealReal, Inc. (the "Issuer"), par value $0.00001 per share (the "Common Stock"), in a block sale at a price per share of $13.21 pursuant to Rule 144 of the Securities Act of 1933, as amended.

F2 · ownership.nature: The shares of Common Stock were held by PWP Growth Equity Fund II LP and PWP Growth Equity Fund II B LP (collectively, the "Funds") for which investing, management and voting control is exercised by GreyLion Partners LP (together with its affiliates, "GreyLion Partners") and by GreyLion Partners LP. David Ferguson and Gilbert L. Baird III (the "Reporting Person") are members of the GreyLion Partners investment committee and control voting and investment decisions related to the shares reported herein.

SEC source: 0001780940-25-000007 · wk-form4_1763158040.xml · derivative · entry 3

Lo Steve Ming · CIK 0001780940 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 13,542 shares

Expires 2028-12-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: This stock option is fully vested at the time of exercise.