RELY (NASDAQ: RELY) insider Joshua Hug files to sell 12,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Joshua David Hug filed a Form 144 proposing the sale of 12,000 shares of Common Stock, described as previously exercised stock options. The filing lists multiple recent dispositions executed under a 10b5-1 sales plan, including sales on 04/14/2026 (6,500 and 5,500 shares), 04/06/2026 (1,430 shares), 03/04/2026 (29,049 shares) and 03/02/2026 (40,777 shares), with gross proceeds shown for each transaction.
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Insights
Routine affiliate sale under a 10b5-1 plan; no new corporate action disclosed.
The filing documents a proposed sale of 12,000 shares by Joshua David Hug and lists multiple prior sales executed under a 10b5-1 sales plan. The securities are described as previously exercised stock options, indicating the transactions are dispositions of owned shares.
Cashflow treatment and timing beyond the listed dates are not provided in the excerpt; subsequent SEC filings would show settlement or completion if required.