RELY (NASDAQ: RELY) affiliate files Rule 144 to sell 7,596 shares

Rhea-AI Filing Summary

RELY affiliate filed a Rule 144 notice to sell 7,596 shares of Common Stock on 05/25/2026. The filing lists the securities as Restricted Stock Units issued by the company. It also discloses recent affiliate sales of 50,000 shares on 05/14/2026 and 9,741 shares on 03/11/2026 with reported proceeds.

Insights

Securities Compliance Analyst

Rule 144 notice documents affiliate resale of restricted units and prior short-window sales.

The filing lists 7,596 shares of Common Stock from Restricted Stock Units offered for sale on 05/25/2026. Rule 144 notices are procedural disclosures that document an affiliate's intent to resell restricted securities under resale conditions.

The excerpt also reports prior affiliate sales: 50,000 shares on 05/14/2026 and 9,741 shares on 03/11/2026. Timing, volume, and cash proceeds are stated; cash‑flow treatment is the selling affiliate's proceeds.

Equity Markets Specialist

Reported volumes show recent affiliate liquidity events, but no company proceeds are reported.

The filing attributes proceeds to the selling affiliate with $1,171,000.00 for 50,000 shares and $165,008.64 for 9,741 shares. These are affiliate disposals rather than issuer placements.

Subsequent market impact depends on whether the affiliate places shares in blocks or through continuous trading; the filing does not specify distribution method.

Key Figures

Shares offered under Rule 144: 7,596 shares Recent affiliate sale #1: 50,000 shares Recent affiliate sale #2: 9,741 shares +1 more

4 metrics

Shares offered under Rule 144 7,596 shares offered for sale on 05/25/2026

Recent affiliate sale #1 50,000 shares sold on 05/14/2026; proceeds <money>$1,171,000.00</money>

Recent affiliate sale #2 9,741 shares sold on 03/11/2026; proceeds <money>$165,008.64</money>

Security type Restricted Stock Units listed as the class being sold on 05/25/2026

Key Terms

Restricted Stock Units, Rule 144, 10b5-1 Sales

3 terms

Restricted Stock Units financial

"Securities To Be Sold | Common | 05/25/2026 | Restricted Stock Units"

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.

Rule 144 regulatory

"Form type indicates 144 filing context for affiliate resales"

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.

10b5-1 Sales regulatory

"10b5-1 Sales for ANKUR SINHA ... 05/14/2026"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

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

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Accepted by SEC EDGAR 05/26/2026 - 04:47 PM Learn about SEC filing dates

FAQ

What does the RELY Rule 144 filing announce?

It announces an affiliate intends to sell 7,596 shares of Common Stock on 05/25/2026. The filing lists these securities as Restricted Stock Units and records prior affiliate sales in March and May 2026.

Did the filing report any recent sales by RELY affiliates?

Yes. The filing reports a sale of 50,000 shares on 05/14/2026 for $1,171,000.00 and 9,741 shares on 03/11/2026 for $165,008.64. These are shown as affiliate dispositions.

Are the shares in the filing being sold by the issuer or an affiliate?

The shares are offered by an affiliate; the securities are described as Restricted Stock Units and the filing lists the seller as the reporting affiliate. Proceeds are recorded as affiliate receipts, not issuer proceeds.

Does the filing state how the shares will be sold (method)?

No. The filing does not specify distribution methods. It records the intended sale date of 05/25/2026 but does not state whether sales will be block trades, brokerage transactions, or otherwise.

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	7596	163921.68	210561079	05/26/2026	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	05/25/2026	Restricted Stock Units	Issuer			7596	05/25/2026	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
ANKUR SINHA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	05/14/2026	50000	1171000.00
10b5-1 Sales for ANKUR SINHA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	03/11/2026	9741	165008.64

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)