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Rely (RELY) insider Ryno Blignaut plans 4,500-share Rule 144 stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Ryno Blignaut, an insider of RELY, filed a notice to sell 4,500 shares of common stock under Rule 144. The planned sale, through Morgan Stanley Smith Barney, has an aggregate market value of $57,420 with an approximate sale date of February 17, 2026 on the NASDAQ.

The shares were acquired as restricted stock units from the issuer on April 6, 2024. In the past three months, Rule 10b5-1 plan sales for Blignaut have totaled 9,000 shares, generating gross proceeds of $65,499.75 on December 15, 2025 and $59,605.65 on November 26, 2025.

Positive

  • None.

Negative

  • None.

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

FAQ

What does the RELY Form 144 filing by Ryno Blignaut disclose?

The filing discloses that Ryno Blignaut plans to sell 4,500 RELY common shares under Rule 144. The sale will be executed through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $57,420 and an approximate sale date of February 17, 2026.

How many RELY shares has Ryno Blignaut sold recently under Rule 10b5-1?

Over the past three months, Rule 10b5-1 sales for Ryno Blignaut have totaled 9,000 RELY common shares. These were sold in two equal blocks of 4,500 shares each on November 26, 2025 and December 15, 2025, with gross proceeds of $59,605.65 and $65,499.75.

At what price level is the new 4,500-share RELY sale valued in the Form 144?

The planned sale of 4,500 RELY common shares is shown with an aggregate market value of $57,420. This value comes directly from the Rule 144 notice and reflects the estimated market value used for the proposed NASDAQ transaction through Morgan Stanley Smith Barney.

How and when did Ryno Blignaut acquire the RELY shares to be sold?

The 4,500 RELY shares to be sold were acquired as restricted stock units from the issuer. The acquisition date listed is April 6, 2024, with the same date shown as the payment date and the nature of payment marked as N/A in the disclosure.

How many RELY shares are outstanding according to this Form 144?

The notice states that 209,045,931 RELY common shares are outstanding. This figure provides a baseline for understanding the relative size of the insider’s proposed 4,500-share sale, as disclosed in the Rule 144 filing for the NASDAQ-listed stock.

Which broker will handle the planned RELY share sale under Rule 144?

The planned sale of 4,500 RELY common shares will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services. The broker’s address is listed as 1 New York Plaza, 8th Floor, New York, NY 10004, and the transaction is designated for the NASDAQ exchange.