Vikas Mehta sells 25,000 RELY shares via 10b5-1 (NASDAQ: RELY)

Rhea-AI Filing Summary

Vikas Mehta reported a proposed sale of 25,000 shares of Common Stock on a Form 144.

The filing lists 25,000 Restricted Stock Units dated 08/25/2025 and records a 10b5-1 sale of 25,000 shares on 03/03/2026 for $437,500. Broker listed: Morgan Stanley Smith Barney LLC.

Insights

Corporate Governance Analyst

Routine officer/director resale under a 10b5-1 plan; transaction appears procedural.

The filing shows a proposed sale notice for 25,000 shares and an executed 10b5-1 sale of $437,500 on 03/03/2026. This is a common disclosure when restricted shares or RSUs are sold through broker arrangements.

Timing and cashflow treatment are set by the selling arrangement; subsequent filings will show final disposition details if warrants, withholding or additional sales occur.

Key Figures

Proposed sale: 25,000 shares 10b5-1 sale proceeds: $437,500 10b5-1 sale shares: 25,000 shares +2 more

5 metrics

Proposed sale 25,000 shares Form 144 proposed sale listed

10b5-1 sale proceeds $437,500 Sale executed on 03/03/2026

10b5-1 sale shares 25,000 shares Sale executed on 03/03/2026

RSUs listed 25,000 RSUs Restricted Stock Units dated 08/25/2025

Shares outstanding (excerpt) 210,561,079 shares listed with date 05/26/2026

Key Terms

Restricted Stock Units, 10b5-1, Form 144

3 terms

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 25000 | 08/25/2025"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

10b5-1 regulatory

"10b5-1 Sales for VIKAS MEHTA | Common | 03/03/2026"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

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.

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	25000	539500.00	210561079	05/26/2026	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	08/25/2025	Restricted Stock Units	Issuer			25000	08/25/2025	N/A

* 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
10b5-1 Sales for VIKAS MEHTA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	03/03/2026	25000	437500.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)

FAQ

What did the Form 144 for RELY disclose about the transaction?

The Form 144 discloses a proposed sale of 25,000 common shares by Vikas Mehta, lists 25,000 RSUs dated 08/25/2025, and records a 10b5-1 sale on 03/03/2026 that generated $437,500.

Who executed the sale and through which broker was it placed?

The sale was executed under a 10b5-1 plan for Vikas Mehta and placed through Morgan Stanley Smith Barney LLC. The filing names the broker and shows the trade details for the reported transactions on the dates provided.

How many shares and what proceeds are shown in the filing?

The filing shows a proposed sale of 25,000 shares and a disclosed 10b5-1 sale of 25,000 shares for $437,500. Both share counts and the sale proceeds are listed in the provided excerpt.

Do the documents indicate whether the sale was pre‑arranged under a trading plan?

Yes. The filing specifically references a 10b5-1 sale on 03/03/2026, indicating the transaction was executed under a pre-arranged trading plan rather than an ad hoc open-market decision.