Executive sells under 10b5-1 plan — RELY (NASDAQ: RELY) reports trades
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Company: RELY — Form 144 reporting proposed sales by an executive under pre-arranged plans.
The filing lists 16,800 shares as securities to be sold, identified as Previously Exercised Stock Options (10/07/2018). The filing shows multiple 10b5-1 plan sales executed in April–June 2026, with examples including 6,500 shares for $134,919.20 on 06/17/2026 and 33,600 shares for $706,608.00 on 06/01/2026. It also states total shares outstanding of 210,561,079 as of 06/29/2026.
Positive
- None.
Negative
- None.
Key Figures
Securities to be sold: 16,800 shares
Shares outstanding: 210,561,079 shares
Example trade (06/17/2026): 6,500 shares for $134,919.20
+2 more
5 metrics
Securities to be sold
16,800 shares
Previously Exercised Stock Options dated 10/07/2018
Shares outstanding
210,561,079 shares
as of 06/29/2026
Example trade (06/17/2026)
6,500 shares for $134,919.20
10b5-1 Sales Plan execution
Example trade (06/01/2026)
33,600 shares for $706,608.00
10b5-1 Sales Plan execution
Example trade (06/17/2026)
9,533 shares for $197,898.41
10b5-1 Sales Plan execution
Key Terms
10b5-1 Sales Plan, Previously Exercised Stock Options, Cash
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
"Previously Exercised Stock Options | Issuer | 10/07/2018"
Cash financial
"Previously Exercised Stock Options ... | Cash"
FAQ
What does RELY's Form 144 disclose about planned sales?
The filing discloses proposed sales of 16,800 shares tied to previously exercised options. It lists these as stemming from options dated 10/07/2018 and shows multiple executed 10b5-1 plan sales in April–June 2026 as examples.
Who is the reported seller in the RELY Form 144 and how were sales implemented?
The sales are reported under a 10b5-1 Sales Plan for Joshua D. Hug. The entries show executed plan transactions (brokered cash sales) with dates and per‑trade proceeds in April–June 2026.
What trade examples and proceeds are shown on RELY's Form 144?
Examples include 6,500 shares for $134,919.20 on 06/17/2026 and 33,600 shares for $706,608.00 on 06/01/2026. Multiple executed 10b5-1 plan sales with dates and gross proceeds are listed.