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Madan Gopal Ajay

Disclosed activity across 1 company

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20438
SEC CIK
0002016432

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
TheRealReal, Inc.REAL · Entity 4817Chief Financial OfficerAugust 21, 2026August 24, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

TheRealReal, Inc.

Report date August 21, 2026 · Filed August 24, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect1,108,860 Ending reported balance After 2026-08-21 transaction · row 3
3 source rows · reconciled sequence

Row 1 · 2026-08-21 · Sale · Disposed 8,067 · Balance 1,137,211

F1: 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.

Row 2 · 2026-08-21 · Sale · Disposed 4,770 · Balance 1,132,441

F1: 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.

Row 3 · 2026-08-21 · Sale · Disposed 23,581 · Balance 1,108,860

F1: 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.

Filing footnotes · ownership attribution and instrument terms

F1: 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.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
August 21, 2026 Filed Aug 24, 2026 20:29 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 23,581 $10.98 $258,919.38
Disclosure

SEC source: 0002016432-26-000008 · wk-form4_1787603365.xml · nonDerivative · entry 3

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,108,860

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.

Read SEC document
August 21, 2026 Filed Aug 24, 2026 20:29 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 4,770 $10.98 $52,374.60
Disclosure

SEC source: 0002016432-26-000008 · wk-form4_1787603365.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,132,441

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.

Read SEC document
August 21, 2026 Filed Aug 24, 2026 20:29 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 8,067 $10.98 $88,575.66
Disclosure

SEC source: 0002016432-26-000008 · wk-form4_1787603365.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,137,211

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.

Read SEC document
May 21, 2026 Filed May 22, 2026 20:45 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 4,587 $9.25 $42,429.75
Disclosure

SEC source: 0002016432-26-000006 · wk-form4_1779482747.xml · nonDerivative · entry 3

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,145,278

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.

Read SEC document
May 21, 2026 Filed May 22, 2026 20:45 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 7,758 $9.25 $71,761.50
Disclosure

SEC source: 0002016432-26-000006 · wk-form4_1779482747.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,150,859

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.

Read SEC document
May 21, 2026 Filed May 22, 2026 20:45 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 22,678 $9.25 $209,771.50
Disclosure

SEC source: 0002016432-26-000006 · wk-form4_1779482747.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,157,623

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 994 shares acquired on May 14,2026 through the company's Employee Stock Purchase Plan (ESPP).

Read SEC document
March 19, 2026 Filed Mar 20, 2026 20:34 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 51,585 $9.29 $479,224.65
Disclosure

SEC source: 0002016432-26-000004 · wk-form4_1774038893.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,179,307

F1 · shares: Represents shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of 100,000 shares of the performance award granted on May 8, 2024.

Read SEC document
February 23, 2026 Filed Feb 24, 2026 21:44 UTC TheRealReal, Inc. REAL · Entity 4817 GrantCommon Stock 106,181 $0.00 $0.00
Disclosure

SEC source: 0002016432-26-000002 · wk-form4_1771969461.xml · nonDerivative · entry 3

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,230,892

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.

Read SEC document
February 23, 2026 Filed Feb 24, 2026 21:44 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 7,870 $10.72 $84,366.40
Disclosure

SEC source: 0002016432-26-000002 · wk-form4_1771969461.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,124,711

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.

Read SEC document
February 23, 2026 Filed Feb 24, 2026 21:44 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 23,511 $10.72 $252,037.92
Disclosure

SEC source: 0002016432-26-000002 · wk-form4_1771969461.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,132,581

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.

Read SEC document
November 26, 2025 Filed Nov 28, 2025 19:35 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 28,520 $14.73 $420,014.04
Disclosure

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.

Read SEC document
November 21, 2025 Filed Nov 22, 2025 01:22 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 7,697 $13.06 $100,522.82
Disclosure

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.

Read SEC document
November 21, 2025 Filed Nov 22, 2025 01:22 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 22,499 $13.06 $293,836.94
Disclosure

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).

Read SEC document
August 20, 2025 Filed Aug 22, 2025 20:29 UTC TheRealReal, Inc. REAL · Entity 4817 Disposition to issuerCommon Stock 8,077 $7.64 $61,708.28
Disclosure

SEC source: 0002016432-25-000004 · wk-form4_1755894565.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,213,051

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.

Read SEC document
August 20, 2025 Filed Aug 22, 2025 20:29 UTC TheRealReal, Inc. REAL · Entity 4817 Disposition to issuerCommon Stock 23,611 $7.64 $180,388.04
Disclosure

SEC source: 0002016432-25-000004 · wk-form4_1755894565.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,221,128

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.

Read SEC document
May 20, 2025 Filed May 22, 2025 22:56 UTC TheRealReal, Inc. REAL · Entity 4817 Disposition to issuerCommon Stock 7,910 $5.10 $40,356.82
Disclosure

SEC source: 0001573221-25-000049 · edgardoc.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,244,739

F1 · shares: 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.

Read SEC document
May 20, 2025 Filed May 22, 2025 22:56 UTC TheRealReal, Inc. REAL · Entity 4817 Disposition to issuerCommon Stock 23,124 $5.10 $117,980.96
Disclosure

SEC source: 0001573221-25-000049 · edgardoc.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,252,649

F1 · shares: 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.

Read SEC document
March 18, 2025 Filed Mar 20, 2025 20:15 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 51,425 $5.82 $299,375.78
Disclosure

SEC source: 0001573221-25-000022 · edgardoc.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,275,773

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

Read SEC document
February 20, 2025 Filed Feb 24, 2025 21:33 UTC TheRealReal, Inc. REAL · Entity 4817 SaleCommon Stock 102,386 $6.90 $706,012.90
Disclosure

SEC source: 0001573221-25-000021 · edgardoc.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,327,198

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

Read SEC document
February 19, 2025 Filed Feb 21, 2025 21:01 UTC TheRealReal, Inc. REAL · Entity 4817 GrantCommon Stock 179,584 $0.00 $0.00
Disclosure

SEC source: 0001573221-25-000009 · edgardoc.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,429,584

F1 · 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.

F2 · 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.

Read SEC document
May 08, 2024 Filed May 9, 2024 20:16 UTC TheRealReal, Inc. REAL · Entity 4817 GrantCommon Stock 700,000 $0.00 $0.00
Disclosure

SEC source: 0001573221-24-000074 · edgardoc.xml · nonDerivative · entry 2

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,250,000

F3 · security: Represents shares of The RealReal, Inc. (the "Company") common stock underlying restricted stock units ("RSUs") granted to the Reporting Person as a material inducement to employment, in accordance with Nasdaq Listing Rule 5635(c)(4).

F4 · shares: The RSUs will vest as to 25% of the original number of shares subject to the restricted stock unit award on February 20, 2025, and in twelve (12) equal installments on a quarterly basis thereafter, subject to the Reporting Person's continuous service as of each vesting date and subject to acceleration upon certain events.

Read SEC document
May 08, 2024 Filed May 9, 2024 20:16 UTC TheRealReal, Inc. REAL · Entity 4817 GrantCommon Stock 550,000 $0.00 $0.00
Disclosure

SEC source: 0001573221-24-000074 · edgardoc.xml · nonDerivative · entry 1

Madan Gopal Ajay · CIK 0002016432 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 550,000

F1 · security: Represents shares of The RealReal, Inc. (the "Company") common stock underlying performance-based restricted stock units ("PSUs") granted to the Reporting Person as a material inducement to employment, in accordance with Nasdaq Listing Rule 5635(c)(4).

F2 · shares: The PSUs will time-vest annually in four tranches beginning on March 18, 2025, with each tranche's vesting and settlement subject to (i) the achievement of a performance-based vesting condition based on the 60-day volume-weighted average price of one share of the Company's common stock of $5.00, $7.50, $10.00 and $15.00, respectively, measured over a four-year performance period, and (ii) the Reporting Person's continuous service as of each vesting date.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.