MarketPeel
Insider Trading Intelligence
GM

Gopal Ajay Madan

REAL
CHIEF FINANCIAL OFFICER · THEREALREAL, INC. · CIK 0002016432
FILING MIX · LIFETIME21%/79%
BUYS
4
SELLS
15
TOTAL VALUE
$3.36M
COMPANIES
1
ACTIVE SINCE
May 2024
HOLDINGS NOW
1,145,278
AVG SELL PX
$8.54
TRADE KIND
SHOWING 19 / 19
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
8 backtested trades · 8 horizons · 17 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Gopal Ajay Madan, 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
7d8+37.50%+2.27%+0.71%+1.56%+3.40%
14d8+62.50%-3.81%+0.20%-4.00%-0.56%
30d8+50.00%+1.90%-0.46%+2.36%+5.29%
60d8+25.00%+4.38%+2.50%+1.88%+7.32%
90d8+87.50%-13.85%+4.35%-17.44%-21.16%
180d8(3 pending)+80.00%-4.41%+12.14%-8.53%-24.39%
1y8(6 pending)+0.00%+52.59%+15.77%+36.82%+36.82%
2y8(8 pending)
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 · 1,145,278 shares · as of May 21, 2026
0357,396714,7921,072,1881,429,58420252026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2024
2024
2024
2025
2025
2025
2025
2026
2026
FLOW · 4 buys / 15 sellsCOVERAGE · 9 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
4,587$9.25$42.4K1,145,278May 21, 2026May 22, 2026View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
22,678$9.25$209.8K1,157,623May 21, 2026May 22, 2026View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
7,758$9.25$71.8K1,150,859May 21, 2026May 22, 2026View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
51,585$9.29$479.2K1,179,307Mar 19, 2026Mar 20, 2026View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
7,870$10.72$84.4K1,124,711Feb 23, 2026Feb 24, 2026View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
23,511$10.72$252.0K1,132,581Feb 23, 2026Feb 24, 2026View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
106,1811,230,892Feb 23, 2026Feb 24, 2026View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
28,520$14.73$420.0K1,156,092Nov 26, 2025Nov 28, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
22,499$13.06$293.8K1,192,309Nov 21, 2025Nov 21, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
7,697$13.06$100.5K1,184,612Nov 21, 2025Nov 21, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
8,077$7.64$61.7K1,213,051Aug 20, 2025Aug 22, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
23,611$7.64$180.4K1,221,128Aug 20, 2025Aug 22, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
23,124$5.10$118.0K1,252,649May 20, 2025May 22, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
7,910$5.10$40.4K1,244,739May 20, 2025May 22, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
51,425$5.82$299.4K1,275,773Mar 18, 2025Mar 20, 2025View →
REAL
THEREALREAL, INC.
SALE
Chief Financial Officer
102,386$6.90$706.0K1,327,198Feb 20, 2025Feb 24, 2025View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
179,5841,429,584Feb 19, 2025Feb 21, 2025View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
550,000550,000May 8, 2024May 9, 2024View →
REAL
THEREALREAL, INC.
PURCHASEGRANT
Stock grant
700,0001,250,000May 8, 2024May 9, 2024View →
Other insiders · REAL
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About this filer
CIK 0002016432
ROLE
Chief Financial Officer
PRIMARY
REAL
COMPANIES
1
ACTIVE SINCE
May 2024
MARKETPEEL · /INSIDER/0002016432DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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