Phillip Riese (RELY) plans sale of 69,818 shares after option exercise

Rhea-AI Filing Summary

Phillip Riese filed a notice to sell up to 69,818 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on 08/12/2026, following an Exercise of Options Under a Registered Plan, with sales to be executed on NASDAQ.

Over the preceding three months, Riese reported common stock sales of 100,000 shares on 08/11/2026 for $2,372,785.00 and 160,182 shares on 08/07/2026 for $3,994,154.19.

Key Figures

Planned shares to be sold: 69,818 shares Shares sold 08/11/2026: 100,000 shares Proceeds 08/11/2026: $2,372,785.00 +3 more

6 metrics

Planned shares to be sold 69,818 shares Common stock sale planned for 08/12/2026 via Morgan Stanley Smith Barney LLC

Shares sold 08/11/2026 100,000 shares Common stock sale reported for 08/11/2026

Proceeds 08/11/2026 $2,372,785.00 Total proceeds from 100,000-share sale on 08/11/2026

Shares sold 08/07/2026 160,182 shares Common stock sale reported for 08/07/2026

Proceeds 08/07/2026 $3,994,154.19 Total proceeds from 160,182-share sale on 08/07/2026

Planned sale date 08/12/2026 Proposed date for sale of 69,818 common shares

Key Terms

Exercise of Options Under a Registered Plan, Executive Financial Services, Compensation

3 terms

Exercise of Options Under a Registered Plan financial

"Common | 08/12/2026 | Exercise of Options Under a Registered Plan | Issuer"

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

Compensation financial

"Common | 08/12/2026 | Compensation"

FAQ

What insider stock sale is disclosed for RELY in this Form 144 filing?

The filing discloses that Phillip Riese plans to sell up to 69,818 shares of common stock on 08/12/2026. The shares relate to an Exercise of Options Under a Registered Plan and are to be sold on NASDAQ.

How many RELY shares has Phillip Riese sold in the past three months?

Phillip Riese reported selling 100,000 shares of common stock on 08/11/2026 and 160,182 shares on 08/07/2026. The reported proceeds were $2,372,785.00 and $3,994,154.19, respectively, over this three‑month period.

What is the size of the planned RELY share sale by Phillip Riese on 08/12/2026?

The planned sale covers up to 69,818 shares of RELY common stock on 08/12/2026. These shares are associated with an Exercise of Options Under a Registered Plan and are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

Through which broker will the RELY insider sale be executed?

The sale is indicated to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services. The address listed is 1 New York Plaza, 8th Floor, New York, NY 10004, and the securities are common stock traded on NASDAQ.

What type of transaction triggered the planned RELY share sale?

The planned disposition of 69,818 shares stems from an Exercise of Options Under a Registered Plan. The transaction is identified as involving the Issuer, with the proposed sale date shown as 08/12/2026 and the transaction type categorized as Compensation.

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Available on EDGAR 08/12/2026 - 04:23 PM Accepted by SEC EDGAR 08/12/2026 - 04:22 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	69818	1643874.26	211684054	08/12/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/12/2026	Exercise of Options Under a Registered Plan	Issuer			69818	08/12/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PHILLIP RIESE 401 Union Street Suite 1000 Seattle WA 98101	Common	08/11/2026	100000	2372785.00
PHILLIP RIESE 401 Union Street Suite 1000 Seattle WA 98101	Common	08/07/2026	160182	3994154.19

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)