secwatch.observer — SEC 8-K summary
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Issuer:     TheRealReal, Inc. (REAL)
CIK:        0001573221
Form:       8-K
Filed at:   2021-09-21T23:59:59+00:00
Accession:  0001193125-21-277890
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The RealReal appoints Robert Julian as CFO effective Oct 1, 2021; compensation detailed
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- Base salary $425,000; target bonus 50% of base; sign-on bonus $1M paid quarterly over 12 months.
- Relocation allowance $500,000; 575,000 RSUs granted (35% vest after 12 months, remainder quarterly over 3 years).
- Julian previously CFO of Sportsman's Warehouse, Callaway Golf, Lydall; over 30 years finance experience.
- Former CFO Matt Gustke will stay to assist transition; appointment effective Oct 1, 2021.
- Company highlighted Julian's track record of driving profitable growth; GMV reached $350M in Q2 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1573221/000119312521277890/0001193125-21-277890-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1573221/000119312521277890/d194003d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-277890

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer