Affiliate files Form 144: RELY (NASDAQ: RELY) insider sales under 10b5-1 plans
Filing Impact
Filing Sentiment
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.
Key Figures
Restricted Stock Units: 9,533 shares
Previously Exercised Stock Options: 6,500 shares
Sale on 06/01/2026: 33,600 shares
+2 more
5 metrics
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
Key Terms
10b5-1 Sales Plan, Restricted Stock Units, Previously Exercised Stock Options
3 terms
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"
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.