{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-360117","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2021-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.094286+00:00","generated_at":"2026-06-28T00:06:25.602271+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"The RealReal settles derivative lawsuit; governance reforms and $500K fee award","bullets":["Settlement resolves claims that IPO disclosures overstated authentication process; no admission of wrongdoing.","Company to adopt corporate governance reforms within 30 days of court's final order; reforms detailed in Exhibit A.","The RealReal will pay $500,000 for plaintiffs' attorneys' fees and expenses, subject to court approval.","Defendants deny all allegations; settlement reached after mediation with Hon. Layn R. Phillips (Ret.).","Notice to shareholders via press release, website posting, and SEC filing; final approval hearing scheduled."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-360117","json":"https://secwatch.observer/filing/0001193125-21-360117.json","markdown":"https://secwatch.observer/filing/0001193125-21-360117.md","text":"https://secwatch.observer/filing/0001193125-21-360117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000119312521360117/0001193125-21-360117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000119312521360117/d263804d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T00:06:25.602271+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}