Timothy M. Riley Discloses 5.81% Stake in TheRealReal (TRRN)
Ticker: REAL · Form: SC 13G/A · Filed: Jan 3, 2024 · CIK: 1573221
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, shareholder-update, institutional-ownership
TL;DR
**Riley now owns 5.81% of TheRealReal, holding 6M shares.**
AI Summary
Timothy M. Riley, an individual investor, has updated his ownership stake in TheRealReal, Inc. (TRRN) as of December 31, 2023. He now beneficially owns an aggregate of 6,000,000 shares of common stock, representing 5.81% of the company's outstanding shares. This filing indicates a significant holding by an individual, which could signal confidence in the company's future or a potential for influence on corporate decisions, making it relevant for current and prospective shareholders.
Why It Matters
A substantial individual ownership stake like this can influence company direction or signal a strong belief in its value, which is important for investors to consider.
Risk Assessment
Risk Level: low — This filing is an update to an existing ownership disclosure and does not inherently introduce new risks, but rather provides transparency.
Analyst Insight
Investors should note Timothy M. Riley's continued significant ownership in TheRealReal, Inc., as it represents a substantial individual commitment to the company, potentially signaling long-term confidence.
Key Numbers
- 6,000,000 — Aggregate Shares Owned (Total shares of TheRealReal, Inc. common stock beneficially owned by Timothy M. Riley.)
- 5.81% — Percentage of Class (The portion of TheRealReal, Inc.'s common stock class represented by Timothy M. Riley's ownership.)
- 5,110,000 — Sole Voting Power Shares (Shares over which Timothy M. Riley has sole voting and dispositive power.)
- 33,000 — Shared Voting Power Shares (Shares over which Timothy M. Riley has shared voting and dispositive power.)
Key Players & Entities
- Timothy M. Riley (person) — Reporting Person, individual investor
- TheRealReal, Inc. (company) — Subject Company, luxury consignment retailer
- 6,000,000 (dollar_amount) — Aggregate shares beneficially owned by Timothy M. Riley
- 5.81% (dollar_amount) — Percentage of class represented by Timothy M. Riley's ownership
- December 31, 2023 (date) — Date of event requiring the filing
Forward-Looking Statements
- Timothy M. Riley will maintain a significant stake in TheRealReal, Inc. for the foreseeable future. (Timothy M. Riley) — medium confidence, target: December 31, 2024
- TheRealReal, Inc.'s stock price will experience increased stability due to a large individual holder. (TheRealReal, Inc.) — low confidence, target: June 30, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Timothy M. Riley, an individual investor, as stated in 'NAME OF REPORTING PERSON: Timothy M. Riley' on the cover page.
What is the total number of shares of TheRealReal, Inc. common stock beneficially owned by Timothy M. Riley?
Timothy M. Riley beneficially owns an aggregate of 6,000,000 shares of TheRealReal, Inc. common stock, as indicated in 'AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 6,000,000' in Row 9 of the Schedule 13G.
What percentage of TheRealReal, Inc.'s common stock does Timothy M. Riley own?
Timothy M. Riley owns 5.81% of the class of TheRealReal, Inc.'s common stock, as shown in 'PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.81%' in Row 11 of the Schedule 13G.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as stated under 'Date Of Event which Requires Filing of this Statement' on the cover page.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(c), as indicated by the 'x' next to 'Rule 13d-1(c)' on the cover page.
Filing Stats: 1,144 words · 5 min read · ~4 pages · Grade level 7.9 · Accepted 2024-01-03 16:37:43
Key Financial Figures
- $0.00001 — ame of Issuer) Common Stock, par value $0.00001 per share (Title of Class of Securiti
Filing Documents
- c107568_sch13ga.htm (SC 13G/A) — 64KB
- 0000930413-24-000025.txt ( ) — 65KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 3, 2024 Signature: /s/ Timothy M. Riley Name: Timothy M. Riley Signature: /s/ Angela A. Riley Name: Angela A. Riley 6 CUSIP No. 88339P101 SCHEDULE 13G
SIGNATURES
SIGNATURES Exhibit I JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: January 3, 2024 Signature: /s/ Timothy M. Riley Name: Timothy M. Riley Signature: /s/ Angela A. Riley Name: Angela A. Riley 7