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Remitly Global director Hug proposes $128K share sale

The notice also lists a 362,000-share sale on July 16, 2026, under Joshua D. Hug’s 10b5-1 sales plan.

(Neutral)

Sentiment and the balance of points

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Form Type
144

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua D. Hug filed notice of a proposed sale of 5,500 common shares, with an aggregate market value of $127,600 and an approximate sale date of October 7, 2026. The notice names Morgan Stanley Smith Barney LLC as broker and identifies the shares as acquired through previously exercised stock options on October 7, 2018, for cash. It also lists earlier sales under a 10b5-1 sales plan.

Proposed sale 5,500 shares Remitly Global common shares; approximate sale date October 7, 2026
Aggregate market value $127,600 Proposed sale
Shares outstanding 211,684,054 shares Figure shown in the securities information
Shares sold 362,000 shares July 16, 2026, under the 10b5-1 sales plan
Shares sold 314,768 shares July 15, 2026, under the 10b5-1 sales plan
10b5-1 Sales Plan regulatory
"10b5-1 Sales Plan for Joshua D. Hug"
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"
Rule 144 regulatory
"See the definition of person in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RELY shares did Joshua D. Hug propose to sell?

Joshua D. Hug’s notice lists a proposed sale of 5,500 Remitly Global common shares, with an aggregate market value of $127,600 and an approximate sale date of October 7, 2026. Morgan Stanley Smith Barney LLC is named as broker.

What prior RELY sales did Joshua D. Hug report under his 10b5-1 plan?

The notice lists sales of 5,500 shares on October 6, September 9, September 8, August 12, August 11 and July 17, 2026; 362,000 shares and 5,500 shares on July 16; and 314,768 shares on July 15, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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