---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014854"
form_type: "8-K"
ticker: "REAL"
cik: "0001573221"
company_name: "TheRealReal, Inc."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:30:18.632582+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# The RealReal appoints John E. Koryl as CEO effective Feb 6, 2023; co-interim CEOs return to prior roles

## Summary
- John E. Koryl appointed CEO and Board member effective February 6, 2023.
- Koryl receives $700k base salary, 100% target bonus, $300k sign-on; RSUs of 1.25M and PSUs valued up to $15/share.
- Co-Interim CEOs Rati Sahi Levesque and Robert Julian step down; they remain President/COO and CFO respectively.
- Koryl brings e-commerce and operational expertise from Canadian Tire and Neiman Marcus to drive profitability.

## SEC filing metadata
- accession: 0001193125-23-014854
- form_type: 8-K
- ticker: REAL
- cik: 0001573221
- company_name: TheRealReal, Inc.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1573221/000119312523014854/0001193125-23-014854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1573221/000119312523014854/d399819d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014854
- JSON: https://secwatch.observer/filing/0001193125-23-014854.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014854.txt

## Key facts
- Executive change
  John E. Koryl was appointed as Chief Executive Officer at TheRealReal, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: John E. Koryl has been hired by the Company to serve as the Company’s Chief Executive Officer and as a member of the Company’s Board of Directors (the “Board”), effective as of February 6, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1573221/000119312523014854/0001193125-23-014854-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.