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LF

Luke Thomas Friang

REAL
CHIEF PRODUCT AND TECHNOLOGY O · THEREALREAL, INC. · CIK 0001350294
FILING MIX · LIFETIME14%/86%
BUYS
4
SELLS
25
TOTAL VALUE
$1.23M
COMPANIES
1
ACTIVE SINCE
Mar 2023
HOLDINGS NOW
530,676
AVG SELL PX
$6.73
TRADE KIND
SHOWING 29 / 29
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
12 backtested trades · 8 horizons · 19 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Luke Thomas Friang, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d12+33.33%+0.09%+0.46%-0.37%+2.20%—
14d12+75.00%-7.31%-0.44%-6.87%-3.33%—
30d12+58.33%-4.09%-0.23%-3.86%-12.84%—
60d12+33.33%+1.36%+0.74%+0.62%+7.32%—
90d12+83.33%-12.30%+2.91%-13.92%-21.32%—
180d12(3 pending)+77.78%+33.02%+10.03%+22.99%-19.27%—
1y12(6 pending)+0.00%+89.83%+13.95%+75.88%+26.28%—
2y12(10 pending)+0.00%+118.09%+41.83%+76.26%+76.26%—
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
REAL · 530,676 shares · as of May 21, 2026
0143,765287,530431,295575,060202420252026SHARES HELD
Trading cadence · quarterly flow
BUY ● SELL ●
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
2025
2025
2026
2026
FLOW · 4 buys / 25 sellsCOVERAGE · 14 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
2,417$9.25$22.4K530,676May 21, 2026May 22, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,159$9.25$75.5K543,700May 21, 2026May 22, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
2,405$9.25$22.2K533,093May 21, 2026May 22, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,202$9.25$75.9K535,498May 21, 2026May 22, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
2,440$10.72$26.2K479,656Feb 23, 2026Feb 24, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,321$10.72$89.2K482,096Feb 23, 2026Feb 24, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,848$10.72$94.9K490,417Feb 23, 2026Feb 24, 2026 ↗View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
72,203——551,859Feb 23, 2026Feb 24, 2026 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,095$13.06$105.7K509,789Nov 21, 2025Nov 21, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
2,387$13.06$31.2K499,265Nov 21, 2025Nov 21, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,137$13.06$106.3K501,652Nov 21, 2025Nov 21, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,495$7.64$64.9K526,423Aug 20, 2025Aug 22, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
8,539$7.64$65.2K517,884Aug 20, 2025Aug 22, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product & Tech Officer
2,504$7.64$19.1K534,918Aug 20, 2025Aug 22, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,363$5.10$42.7K548,194May 20, 2025May 22, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
2,452$5.10$12.5K537,422May 20, 2025May 22, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,320$5.10$42.4K539,874May 20, 2025May 22, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
9,228$6.90$63.6K565,832Feb 20, 2025Feb 24, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
9,275$6.90$64.0K556,557Feb 20, 2025Feb 24, 2025 ↗View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
71,833——575,060Feb 19, 2025Feb 21, 2025 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
6,336$4.43$28.1K511,262Nov 20, 2024Nov 21, 2024 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,035$4.43$35.6K503,227Nov 20, 2024Nov 21, 2024 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,140$2.61$21.2K517,598Aug 20, 2024Aug 21, 2024 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,099$2.61$21.1K525,738Aug 20, 2024Aug 21, 2024 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,210$4.25$34.9K533,837May 20, 2024May 21, 2024 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
8,168$4.25$34.7K542,047May 20, 2024May 21, 2024 ↗View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
245,000——550,215Mar 4, 2024Mar 5, 2024 ↗View →
REAL
THEREALREAL, INC.
SALE
Chief Product and Technology O
19,785$1.78$35.2K305,215Feb 20, 2024Feb 21, 2024 ↗View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
325,000——325,000Mar 3, 2023Mar 7, 2023 ↗View →
Other insiders · REAL
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About this filer
CIK 0001350294
ROLE
Chief Product and Technology O
PRIMARY
REAL
COMPANIES
1
ACTIVE SINCE
Mar 2023
MARKETPEEL · /INSIDER/0001350294DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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