RELY (NASDAQ: RELY) executive files to sell 1,430 restricted shares

Rhea-AI Filing Summary

RELY executive filed a Form 144 proposing the sale of 1,430 shares of Common Stock. The filing lists the securities as Restricted Stock Units with an effective date of 08/25/2025. The excerpt also reports recent 10b5-1 sales by Joshua David Hug: 29,049 shares sold on 03/04/2026 for $522,425.93 and 40,777 shares sold on 03/02/2026 for $682,150.28.

Insights

Securities Compliance Counsel

Form 144 notifies the market of a proposed sale of restricted shares by an insider.

Form 144 is a statutory notice under the Securities Act that an affiliate intends to sell restricted or control securities; the filing here lists 1,430 shares tied to restricted stock units with an 08/25/2025 date. The filing also documents recent sales executed under a 10b5-1 plan on 03/02/2026 and 03/04/2026.

Cash‑flow treatment and whether the proposed sale is part of the existing plan are not detailed in the excerpt; subsequent filings or transaction confirmations would show settlement details.

Key Figures

Proposed sale: 1,430 shares 10b5-1 sale: 29,049 shares 10b5-1 sale: 40,777 shares

3 metrics

Proposed sale 1,430 shares Restricted Stock Units dated 08/25/2025

10b5-1 sale 29,049 shares Sold 03/04/2026 for $522,425.93

10b5-1 sale 40,777 shares Sold 03/02/2026 for $682,150.28

Key Terms

Form 144, Restricted Stock Units, 10b5-1 Sales Plan

3 terms

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.

Restricted Stock Units financial

"Securities To Be Sold | Restricted Stock Units | Issuer"

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 Sales Plan regulatory

"10b5-1 Sales Plan for JOSHUA DAVID HUG"

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	1430	22908.60	210654386	04/06/2026	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			1430	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 Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	03/04/2026	29049	522425.93
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	03/02/2026	40777	682150.28

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 does the RELY Form 144 filed on 04/06/2026 report?

It reports a proposed sale of 1,430 shares of Common Stock tied to Restricted Stock Units dated 08/25/2025. It also lists two 10b5-1 sales in March 2026 totaling 69,826 shares across two trades.

Who executed recent 10b5-1 sales disclosed in the RELY filing?

The filing shows 10b5-1 sales attributed to Joshua David Hug. Trades: 40,777 shares on 03/02/2026 for $682,150.28 and 29,049 shares on 03/04/2026 for $522,425.93.

Are the shares in the Form 144 sale free trading?

The Form 144 lists the securities as Restricted Stock Units with an 08/25/2025 date, indicating the shares originate from restricted awards. The filing does not state current transferability or settlement mechanics.

Does the Form 144 show who will broker the sale for RELY?

Yes; the excerpt names Morgan Stanley Smith Barney LLC as the broker/planner for the transaction. The filing does not disclose execution timing or whether sales will follow the 10b5-1 plan schedule.