STOCK TITAN

Affiliate files Form 144: RELY (NASDAQ: RELY) insider sales under 10b5-1 plans

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC affiliate filed a Form 144 disclosing proposed sales of Common Stock by Joshua David Hug under Rule 10b5-1 trading plans. The filing lists multiple disposals in 2026, including Restricted Stock Units of 9,533 shares dated 06/11/2026 and previously exercised options of 6,500 shares dated 10/07/2018.

Positive

  • None.

Negative

  • None.
Restricted Stock Units 9,533 shares dated 06/11/2026 (Securities To Be Sold section)
Previously Exercised Stock Options 6,500 shares dated 10/07/2018 (Securities To Be Sold section)
Sale on 06/01/2026 33,600 shares 10b5-1 Sales Plan entry dated 06/01/2026 for $706,608
Sale on 05/11/2026 34,383 shares 10b5-1 Sales Plan entry dated 05/11/2026 for $855,875.84
Sale on 06/16/2026 (example) 6,500 shares 10b5-1 Sales Plan entry dated 06/16/2026 for $130,679.25
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.
Restricted Stock Units financial
"Common | 06/11/2026 | Restricted Stock Units | Issuer"
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.
Previously Exercised Stock Options financial
"Common | 10/07/2018 | Previously Exercised Stock Options | Issuer"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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 did the Form 144 for RELY disclose about recent sales?

The Form 144 discloses multiple sales under 10b5-1 plans by Joshua David Hug. It lists transactions in 2026, including a 33,600-share sale on 06/01/2026 for $706,608 and several other dated disposals throughout April–June 2026.

How many Restricted Stock Units are listed in the RELY Form 144?

The filing lists 9,533 Restricted Stock Units dated 06/11/2026. This entry appears under the "Securities To Be Sold" section and is shown as Restricted Stock Units issued by the issuer.

Were the sales conducted under prearranged trading plans?

Yes. Many disposals are identified as executed under a 10b5-1 Sales Plan for Joshua David Hug. The entries show multiple dated sales (for example, 6,500 and 33,600 share transactions) attributed to that plan during 2026.