RELY (NASDAQ: RELY) affiliate reports two 10b5-1 sales of 10,000 shares

Rhea-AI Filing Summary

The company affiliate filed a Form 144 disclosing proposed sales tied to Restricted Stock Units and 10b5-1 plans. The filing lists 16,000 RSU-related shares and two 10b5-1 sales: 10,000 on 04/01/2026 for $152,591.25 and 10,000 on 04/17/2026 for $200,000.

Key Figures

Form type: Form 144 RSU-associated shares: 16,000 shares Sale on 04/01/2026: 10,000 shares, $152,591.25 +1 more

4 metrics

Form type Form 144 SEC notice of proposed sale

RSU-associated shares 16,000 shares Restricted Stock Units dated 08/25/2023

Sale on 04/01/2026 10,000 shares, $152,591.25 10b5-1 sale reported

Sale on 04/17/2026 10,000 shares, $200,000 10b5-1 sale reported

Key Terms

10b5-1, Restricted Stock Units, Form 144

3 terms

10b5-1 regulatory

"10b5-1 Sales for PANKAJ SHARMA 401 Union Street"

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.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 16000 | 08/25/2023"

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.

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.

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

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Accepted by SEC EDGAR 05/28/2026 - 04:35 PM Learn about SEC filing dates

FAQ

What did the RELY Form 144 disclose?

The filing discloses proposed sales of RSU-related common stock totaling 16,000 shares. It lists two 10b5-1 sales: 10,000 shares on 04/01/2026 for $152,591.25 and 10,000 shares on 04/17/2026 for $200,000.

Who executed the 10b5-1 sales reported in RELY's Form 144?

The transactions are reported under a 10b5-1 plan for Pankaj Sharma (address shown). The filing lists two executed 10b5-1 sales of 10,000 shares each on the dates 04/01/2026 and 04/17/2026 with proceeds indicated.

Are the shares tied to Restricted Stock Units (RSUs)?

Yes. The filing references Restricted Stock Units with an issuance date of 08/25/2023 and a total of 16,000 shares associated with the issuer. The RSU grant details are listed alongside the proposed sales.

Does Form 144 report proceeds from the reported sales?

The filing shows proceeds for the two 10b5-1 sales: $152,591.25 for the 04/01/2026 sale and $200,000 for the 04/17/2026 sale. No further allocation of proceeds is provided in the excerpt.

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	16000	321920.00	210561079	05/28/2026	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	08/25/2023	Restricted Stock Units	Issuer			16000	08/25/2023	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 PANKAJ SHARMA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	04/17/2026	10000	200000.00
10b5-1 Sales for PANKAJ SHARMA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	04/01/2026	10000	152591.25

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)