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Remitly Global (RELY) affiliate files to sell 190,000 NASDAQ shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of Remitly Global, Inc. filed a notice to sell up to 190,000 shares of common stock through J.P. Morgan Securities LLC, with an aggregate market value of $4,926,700. The shares are listed on NASDAQ, and the anticipated sale date is 08/07/2026. As context, Remitly had 211,684,054 shares of common stock outstanding. Prior activity includes open-market purchases of 250,000 and 46,428 shares in November 2023 and a separate transaction of 3,572 shares on 05/13/2026 for $85,634.

Positive

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Negative

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Shares to be sold 190,000 shares Proposed Form 144 sale of common stock
Aggregate market value $4,926,700 Aggregate market value of 190,000 shares to be sold
Shares outstanding 211,684,054 shares Common stock outstanding as context for proposed sale
Planned sale date 08/07/2026 Anticipated date for proposed NASDAQ transactions
Prior purchase 250,000 shares Open-market purchase on 11/03/2023 for cash
Additional prior purchase 46,428 shares Open-market purchase on 11/06/2023 for cash
Recent transaction shares 3,572 shares Common stock transaction on 05/13/2026 by Nigel W. Morris
Recent transaction proceeds $85,634 Proceeds from 3,572-share transaction on 05/13/2026
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
aggregate market value financial
"Common Stock | J.P. Morgan Securities LLC ... | 190000 | 4926700"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Open Market market
"Common Stock | 11/03/2023 | Purchase | Open Market"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does Remitly Global (RELY) disclose in this Form 144 filing?

The filing discloses an affiliate’s intent to sell up to 190,000 shares of Remitly Global common stock, valued at $4,926,700, through J.P. Morgan Securities on or about 08/07/2026 on NASDAQ.

How many Remitly Global (RELY) shares are planned for sale and what is their value?

The planned sale covers 190,000 shares of Remitly Global common stock with an aggregate market value of $4,926,700. This is a proposed transaction by an affiliate, not an offering by the company itself.

How does the planned Form 144 sale compare to Remitly Global (RELY) shares outstanding?

Remitly Global reports 211,684,054 shares of common stock outstanding. The proposed 190,000-share sale represents a small portion of this baseline and reflects an affiliate’s potential resale into the market.

Which broker and market are involved in the Remitly Global (RELY) Form 144 sale?

The proposed sale would be executed through J.P. Morgan Securities LLC on NASDAQ. The filing lists J.P. Morgan’s New York office as the broker handling the transaction for the planned share resale.

What recent trading history is disclosed in the Remitly Global (RELY) Form 144?

Disclosed activity includes open-market purchases of 250,000 shares on 11/03/2023 and 46,428 shares on 11/06/2023, plus a transaction of 3,572 shares on 05/13/2026 generating $85,634 in proceeds.

Who is identified as the selling security holder in the Remitly Global (RELY) Form 144?

The filing identifies Nigel W. Morris, care of Remitly Global, Inc. at its Seattle address, in connection with common stock transactions, including a 3,572-share trade on 05/13/2026 for $85,634.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature