I also recently purchased and installed the factory Cargo Cover...the space between the back of the rear seats and the Cargo Cover can be reduced by reclining both rear seats. BTW, very high quality build...appears unlikely that it will ever fail or deteriorate...fits and operates 100% perfect in my new 2024 Land Cruiser...Ok…I actually ended up getting THE one from a Lexus GX550. Fits perfectly with some space between the seats. No Lexus logo anywhere on it. There is a tiny bit of space between the end of the car so area and the wall of the interior. Not at home right now, but I will get some pictures.
Not worth $700-ish, but I can see $200 because of the size and quality.