The dollar amount is negligible relative to company size, and with no buying activity, there is no contrarian signal. Treat this as routine portfolio diversification. Monitor upcoming quarterly results and any changes in 10b5-1 plan filings to see if these sales were pre-planned.
Price Chart
Executive Summary
Both the CEO and Chief Product & Technology Officer sold shares on the same day (May 21) in open-market transactions totaling ~$255K. While the cluster includes two C-suite executives selling simultaneously, the total dollar value is immaterial at ~0.02% of REAL's $1.1B market cap. Per the established asymmetry in the literature, cluster sells are not reliably informative (often driven by shared blackout-window openings or vesting schedules rather than a coordinated bearish view). This cluster alone does not warrant a directional signal.
Key Financial Metrics
Key Facts
- CEO Rati Sahi Levesque sold 19,438 shares at $9.25 ($179,802)
- CPTO Luke Friang sold 8,159 shares at $9.25 ($75,471)
- Both sales occurred on May 21, 2026
- Total cluster value of ~$255K is ~0.02% of REAL's $1.1B market capitalization
- No open-market buying activity from any insider in the cluster window
Financial Impact
~$255K in open-market sales across 2 insiders
Risk Factors
- Insider selling could accelerate if the stock rallies or if the lock-up related to any past equity vesting expires
- If the company issues a material adverse event (e.g., guidance cut) within the next 30 days, these sales could later appear opportunistically timed
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-REAL-1779482661849 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | 8-K | $10.54 | awaiting T+60 | — | $10.99 (+4.27%) |
Oct 14, 2026 13d ago | Press Release | $10.54 | awaiting T+60 | — | $10.99 (+4.27%) |
Aug 24, 2026 9w ago | Insider Cluster | $11.12 | awaiting T+60 | — | $10.99 (−1.17%) |
Jul 16, 2026 14w ago | Press Release | $11.21 $9.69 | ▼ −13.56% | ▼ −18.24% | $10.99 (−1.96%) |
May 22, 2026 22w ago | Insider Cluster | $9.50 $11.78 | ▲ +24.00% | ▲ +21.28% | $10.99 (+15.68%) |
May 8, 2026 24w ago | S-3ASR | $9.97 $12.65 | ▲ +26.88% | ▲ +22.49% | $10.99 (+10.23%) |
May 7, 2026 24w ago | 8-K | $10.26 $12.72 | ▲ +23.98% | ▲ +19.14% | $10.99 (+7.12%) |
Apr 27, 2026 26w ago | DEFA14A | $11.78 $11.37 | ▼ −3.48% | ▼ −7.47% | $10.99 (−6.71%) |
Apr 16, 2026 27w ago | Press Release | $12.08 $10.88 | ▼ −9.93% | ▼ −16.08% | $10.99 (−9.02%) |
Feb 26, 2026 34w ago | 8-K | $12.26 $9.50 | ▼ −22.51% | ▼ −31.90% | $10.99 (−10.36%) |
US Market Status
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