Remitly (RELY) Form 144 Discloses Option Exercise and Broker Sale

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) submitted a Form 144 notifying a proposed sale of 15,000 common shares through Morgan Stanley Smith Barney LLC on 08/14/2025 with an aggregate market value of $299,550.00. The filing shows these shares were acquired the same day by exercise of stock options and paid in cash. The issuer's total shares outstanding are listed as 206,193,217. The form also reports two prior 10b5-1 sales by the same seller in the past three months: 15,000 shares on 06/17/2025 for $307,200.00 and 15,000 shares on 05/15/2025 for $341,575.50. The notice includes the required representation about absence of material nonpublic information.

Positive

• Full planned-sale disclosure: Form 144 lists broker, exact share amount (15,000), sale date (08/14/2025), and aggregate market value ($299,550.00).
• Acquisition and payment clarity: Shares were acquired via exercise of stock options on 08/14/2025 and paid in cash, explicitly stated.
• Prior 10b5-1 sales disclosed: Two recent 10b5-1 transactions (05/15/2025 and 06/17/2025) are reported, showing trading pattern transparency.

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine Form 144 filing disclosing option exercise and scheduled broker sale under Rule 144; includes prior 10b5-1 trades.

The filing provides the mechanics required by Rule 144: identification of the broker (Morgan Stanley Smith Barney LLC), the exact number of shares to be sold (15,000), the acquisition method (exercise of stock options on the date of sale), and confirmation of cash payment. It also lists two recent 10b5-1 sales by the same seller, showing an established trading pattern. From a compliance perspective, the form appears to include the core elements regulators expect; however, some issuer contact fields in the provided extract are blank or redacted.

Equity Capital Markets Analyst

TL;DR: Small-volume insider transaction; unlikely to be material to RELY's market capitalization.

The transaction size (15,000 shares, ~$300k) is immaterial relative to the reported 206,193,217 shares outstanding, so the direct market-impact signal is modest. The recent pattern of 10b5-1 sales (three 15,000-share blocks over recent months) suggests a structured liquidity plan rather than an ad-hoc sale. This is consistent with executives or insiders exercising options and monetizing modest positions through planned sales.

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	15000	299550.00	206193217	08/14/2025	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	08/14/2025	Exercise of Stock Options	Issuer			15000	08/14/2025	Cash

* 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 RENE YOAKUM 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	06/17/2025	15000	307200.00
10b5-1 Sales for RENE YOAKUM 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	05/15/2025	15000	341575.50

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 is being sold in the RELY Form 144?

The filer intends to sell 15,000 common shares of Remitly Global, Inc. (RELY) through Morgan Stanley Smith Barney LLC.

When is the sale scheduled to occur?

The Form 144 lists an approximate sale date of 08/14/2025 for the 15,000 shares.

How were the shares acquired that are being sold?

The shares were acquired on 08/14/2025 by exercise of stock options and payment was made in cash.

What was the aggregate market value reported for the planned sale?

The aggregate market value for the 15,000 shares is listed as $299,550.00.

Has the filer sold company shares recently?

Yes. The form reports two 10b5-1 sales by the same seller: 05/15/2025 (15,000 shares, $341,575.50) and 06/17/2025 (15,000 shares, $307,200.00).