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RELY (NASDAQ) insider 10b5-1 sales listed, 8,500-share Form 144 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Company RELY filed a Form 144 notice for the proposed sale of 8,500 shares of Common Stock that were previously exercised on 10/07/2018 for cash. The filing also lists multiple 10b5-1 sales by Joshua David Hug across April–June 2026, including a 33,600-share sale on 06/01/2026.

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Insights

Form 144 filed to report a proposed 8,500-share sale and recent 10b5-1 dispositions.

The filing states a proposed sale of 8,500 shares of Common Stock, described as previously exercised stock options (10/07/2018), with proceeds treated as cash. It separately lists numerous completed sales under a 10b5-1 Sales Plan for Joshua David Hug during April–June 2026.

These entries are routine compliance disclosures required for broker-dealer/investor transparency; cash-flow treatment for the proposed 8,500-share sale is shown as cash. Subsequent filings may provide completion or settlement details.

Proposed sale 8,500 shares Previously exercised stock options dated <date>10/07/2018</date>
10b5-1 sale on 06/01/2026 33,600 shares Sale under 10b5-1 Sales Plan for Joshua David Hug, proceeds listed as <money>$706,608.00</money>
10b5-1 sale on 05/11/2026 34,383 shares Sale under 10b5-1 Sales Plan for Joshua David Hug, proceeds listed as <money>$855,875.84</money>
Issuer reference number 210,561,079 Header line associated with <date>06/16/2026</date>
10b5-1 sale on 04/30/2026 16,800 shares Sale under 10b5-1 Sales Plan, proceeds <money>$363,960.24</money>
10b5-1 Sales Plan regulatory
"10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000"
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.
Form 144 regulatory
"144: Securities To Be Sold"
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.
Previously Exercised Stock Options financial
"Previously Exercised Stock Options | Issuer | 8500 | 10/07/2018"
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does RELY's Form 144 report?

The filing reports a proposed sale of 8,500 shares of Common Stock, described as previously exercised on 10/07/2018, with proceeds in cash. It also lists several recent 10b5-1 sales by Joshua David Hug in April–June 2026.

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

The transactions are listed under a 10b5-1 Sales Plan for Joshua David Hug. Multiple sale dates and quantities from April to June 2026 are shown, including 33,600 shares on 06/01/2026.

How many shares were proposed for sale under the Form 144?

The Form 144 shows a proposed sale of 8,500 shares of Common Stock, labeled as issued from previously exercised stock options dated 10/07/2018, with cash proceeds.

Does the filing state shares outstanding for RELY?

The excerpt includes a figure of 210,561,079 tied to the header line (associated with 06/16/2026), which appears as an issuer-level numeric reference in the filing excerpt.

Are the recent sales described as pre-arranged under a plan?

Yes. The sales are labeled as executed under a 10b5-1 Sales Plan for Joshua David Hug, with multiple dated trades during April–June 2026 and per-trade dollar amounts shown.