Large 10b5-1 stock sales and new Form 144 filed for RELY (NASDAQ: RELY)
Rhea-AI Filing Summary
A shareholder of RELY filed a Form 144 to sell 5,500 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ on 08/12/2026. The shares derive from previously exercised stock options, and the notice lists multiple prior sales under a Rule 10b5-1 plan during May–August 2026.
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Negative
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Key Figures
Shares proposed for sale: 5,500 shares
Value of proposed sale: $129,855.00
Prior sale on 07/16/2026: 362,000 shares for $9,116,711.00
+2 more
5 metrics
Shares proposed for sale
5,500 shares
Common stock to be sold on NASDAQ on 08/12/2026
Value of proposed sale
$129,855.00
Aggregate market value for 5,500 shares to be sold
Prior sale on 07/16/2026
362,000 shares for $9,116,711.00
Common stock sold under 10b5-1 Sales Plan
Prior sale on 07/15/2026
314,768 shares for $7,847,048.05
Common stock sold under 10b5-1 Sales Plan
Prior sale on 06/01/2026
33,600 shares for $706,608.00
Common stock sold under 10b5-1 Sales Plan
Key Terms
10b5-1 Sales Plan, Previously Exercised Stock Options, Form 144
3 terms
10b5-1 Sales Plan regulatory
"10b5-1 Sales Plan for JOSHUA D. HUG 401 Union Street"
A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.
Previously Exercised Stock Options financial
"Common | 10/07/2018 | Previously Exercised Stock Options |"
Form 144 regulatory
"144: Securities To Be Sold Common | 10/07/2018"
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.
FAQ
What does the Form 144 filing for RELY disclose?
The Form 144 for RELY discloses a proposed sale of 5,500 common shares on 08/12/2026 via Morgan Stanley Smith Barney LLC Executive Financial Services, with the shares originating from previously exercised stock options.
What prior RELY stock sales are reported in the last three months?
The notice reports several prior RELY sales, including 362,000 shares for $9,116,711.00 on 07/16/2026 and 314,768 shares for $7,847,048.05 on 07/15/2026, all under a 10b5-1 Sales Plan.
Who is associated with the 10b5-1 sales plan mentioned for RELY?
The 10b5-1 sales plan is identified as being for JOSHUA D. HUG, with an address at 401 Union Street, Suite 1000, Seattle, WA 98101, covering multiple sales of RELY common stock during May–August 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.