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Remitly director Hug proposes $126K share sale

Earlier sales listed under a 10b5-1 sales plan include 314,768 shares on July 15 and 362,000 shares on July 16, 2026.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua D. Hug reported a proposed sale of 5,500 common shares, with an aggregate market value of $126,005, at an approximate sale date of October 6, 2026, through Morgan Stanley Smith Barney LLC on Nasdaq. The shares are identified as previously exercised stock options acquired from the issuer on October 7, 2018.

Proposed sale 5,500 shares Common shares listed for sale
Aggregate market value $126,005 Proposed sale
Shares outstanding 211,684,054 shares Figure listed in the securities information
Prior plan sale 314,768 shares July 15, 2026
Prior plan sale 362,000 shares July 16, 2026
Additional prior plan sale 5,500 shares July 16, 2026
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.
10b5-1 Sales Plan financial
"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"

FAQ

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

How many RELY shares is director Joshua D. Hug proposing to sell?

Joshua D. Hug's notice lists a proposed sale of 5,500 shares at an aggregate market value of $126,005, with an approximate sale date of October 6, 2026, through Morgan Stanley Smith Barney LLC on Nasdaq.

What earlier RELY sales did Joshua D. Hug list under a 10b5-1 plan?

Earlier sales listed under a 10b5-1 sales plan include 314,768 shares on July 15, 2026; 362,000 and 5,500 shares on July 16, 2026; 5,500 shares on July 17, 2026; 5,500 shares on August 11 and 5,500 shares on August 12, 2026; and 5,500 shares on September 8 and 5,500 shares on September 9, 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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