secwatch.observer — SEC 8-K summary
======================================

Issuer:     TheRealReal, Inc. (REAL)
CIK:        0001573221
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001193125-23-014854
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1573221/000119312523014854/0001193125-23-014854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1573221/000119312523014854/d399819d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-014854

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