secwatch.observer — SEC 8-K summary
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Issuer:     TheRealReal, Inc. (REAL)
CIK:        0001573221
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001573221-24-000018
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RealReal names Ajay Gopal CFO effective March 18; appoints Karen Katz as Board Chair
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- Ajay Gopal appointed CFO effective March 18, 2024; base salary $500K, target bonus 75%, sign-on bonus $300K.
- Gopal receives 700K time-based RSUs (4-year vest) and 550K PSUs with stock price targets from $5 to $15.
- Karen Katz appointed independent Chairperson of the Board effective Feb 20, 2024; receives additional $30K annual fee.
- Interim CFO role of Todd Suko terminates effective March 18; Suko remains Chief Legal Officer and Secretary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1573221/000157322124000018/0001573221-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1573221/000157322124000018/real-20240219.htm
  HTML page:      https://secwatch.observer/filing/0001573221-24-000018

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