RELY (NASDAQ: RELY) Form 144 shows proposed 23,789-share resale; 10b5-1 sales listed

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting proposed sale of 23,789 shares of Common stock tied to Restricted Stock Units (date listed: 05/25/2024). The filing also reports Rule 10b5-1 sales by Saema Somalya of 12,187 shares on 04/14/2026 and 36,764 shares on 03/04/2026, with dollar amounts shown for those transactions.

Insights

Equity Markets Analyst

Routine Form 144 filing showing a proposed resale and recent 10b5-1 executions.

The filing lists a proposed sale of 23,789 common shares tied to Restricted Stock Units and documents recent Rule 10b5-1 trades by Saema Somalya of 12,187 and 36,764 shares on 04/14/2026 and 03/04/2026.

These entries are administrative disclosures of planned and executed sales; cash-flow recipients and timing mechanics are not detailed beyond the dates and dollar amounts shown.

Key Figures

Proposed resale: 23,789 shares 10b5-1 sale (04/14/2026): 12,187 shares 10b5-1 sale (03/04/2026): 36,764 shares +1 more

4 metrics

Proposed resale 23,789 shares Restricted Stock Units dated 05/25/2024

10b5-1 sale (04/14/2026) 12,187 shares Proceeds listed as $219,366.00

10b5-1 sale (03/04/2026) 36,764 shares Proceeds listed as $661,752.00

Filing date 04/15/2026 Form 144 submission date shown

Key Terms

Form 144, 10b5-1, Restricted Stock Units

3 terms

Form 144 regulatory

"submitted a Form 144 notice reporting proposed sale"

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.

10b5-1 regulatory

"10b5-1 Sales for SAEMA SOMALYA"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 23789"

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.

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	23789	426298.88	210654386	04/15/2026	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	05/25/2024	Restricted Stock Units	Issuer			23789	05/25/2024	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
10b5-1 Sales for SAEMA SOMALYA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	04/14/2026	12187	219366.00
10b5-1 Sales for SAEMA SOMALYA 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	03/04/2026	36764	661752.00

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 does RELY's Form 144 report?

It reports a proposed resale of 23,789 common shares tied to Restricted Stock Units. The notice lists the RSU date 05/25/2024 and documents prior Rule 10b5-1 sales on 03/04/2026 and 04/14/2026 with amounts shown.

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

The filing identifies Saema Somalya as the person executing the Rule 10b5-1 sales. It shows sales of 36,764 shares on 03/04/2026 and 12,187 shares on 04/14/2026, with dollar values reported for each trade.

How much cash was reported for the recent sales in the filing?

The filing lists proceeds of $661,752.00 for the 03/04/2026 sale and $219,366.00 for the 04/14/2026 sale. These dollar amounts are displayed alongside the share counts for the 10b5-1 transactions.

Does the Form 144 disclose who receives the sale proceeds for RELY?

The notice does not specify parties receiving sale proceeds beyond naming the filer and the selling person. It lists the broker/dealer as Morgan Stanley Smith Barney LLC and identifies the selling person as Saema Somalya.