Core Insights - The RealReal, a luxury resale marketplace, has seen its stock price increase by over 200% in the past year, indicating strong sector momentum [1][4] - Notable insider sales occurred on November 21, 2025, with CFO Ajay Gopal selling 30,196 shares and CEO Rati Sahi Levesque selling 97,036 shares [1][9] Company Overview - The RealReal operates a curated online marketplace for consigned luxury goods, including apparel, jewelry, watches, and home decor [5][6] - The company follows a commission-based model, generating revenue from the sale of authenticated pre-owned luxury items on behalf of consignors [5] - As of the latest financial data, the company reported a total revenue of $662.79 million and a net income of -$71.47 million [4] Insider Transactions - Ajay Gopal's sale of 30,196 shares represented 2.5% of his direct holdings, reducing his stake to 1,184,612 shares, valued at approximately $16.0 million post-transaction [2][8] - The shares were sold at around $13.06 each, with a closing price of $13.52 on the transaction date, reflecting a significant appreciation of 202% over the previous twelve months [8][11] - CEO Rati Sahi Levesque's sale accounted for about 5.7% of her shares, indicating a broader trend of insider selling among the executive team [9][10] Market Context - The surge in The RealReal's stock price, reaching a three-year high, may have prompted insiders to liquidate some of their holdings [11] - Despite the insider sales, both the CFO and CEO retain substantial amounts of stock, suggesting confidence in the company's future [11]