Remitly Global (RELY) affiliate files to sell 190,000 NASDAQ shares
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.
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Key Figures
Shares to be sold: 190,000 shares
Aggregate market value: $4,926,700
Shares outstanding: 211,684,054 shares
+5 more
8 metrics
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
Key Terms
Form 144, aggregate market value, Open Market, Securities Sold During The Past 3 Months
4 terms
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.
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.
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.