STOCK TITAN

RELY (NASDAQ: RELY) insider to sell 15,000 shares after option exercise

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

Rhea-AI Filing Summary

RELY insider Pankaj Sharma filed a notice to sell up to 15,000 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $374,400.00. The shares come from 10,000 underlying stock options and 5,000 restricted stock units, with a planned sale date of 07/16/2026 on NASDAQ. In the past three months, Sharma completed 10b5-1 sales of 16,000 shares for $320,236.80 and 10,000 shares for $200,000.00.

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Planned shares to be sold 15,000 shares Common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services
Aggregate market value of planned sale $374,400.00 Market value of 15,000 common shares referenced in the Form 144 notice
Shares from stock option exercise 10,000 shares Common shares underlying stock options with transaction date 07/16/2026
Shares from restricted stock units 5,000 shares Common shares underlying Restricted Stock Units dated 02/25/2024
10b5-1 sale on 05/28/2026 16,000 shares for $320,236.80 Reported under Securities Sold During The Past 3 Months
10b5-1 sale on 04/17/2026 10,000 shares for $200,000.00 Reported under Securities Sold During The Past 3 Months
Exercise of Stock Options financial
"Common | 07/16/2026 | Exercise of Stock Options | Issuer"
Restricted Stock Units financial
"Common | 02/25/2024 | 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.
10b5-1 regulatory
"10b5-1 Sales for PANKAJ SHARMA 401 Union Street, Suite 1000"
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.
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"
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FAQ

What does the RELY Form 144 filing by Pankaj Sharma disclose?

The filing discloses that Pankaj Sharma plans to sell up to 15,000 RELY common shares through Morgan Stanley Smith Barney, with an aggregate market value of $374,400.00, and explains that the shares are sourced from stock options and restricted stock units.

How many RELY shares is Pankaj Sharma planning to sell and at what value?

Pankaj Sharma plans to sell up to 15,000 RELY common shares with an aggregate market value of $374,400.00. The planned sale is listed on NASDAQ with a scheduled date of 07/16/2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the source of the RELY shares in Pankaj Sharma’s planned Form 144 sale?

The planned sale consists of 10,000 common shares from the Exercise of Stock Options dated 07/16/2026 and 5,000 common shares from Restricted Stock Units dated 02/25/2024, both issued by the company as indicated in the securities details.

When is the planned sale date for Pankaj Sharma’s RELY shares?

The planned sale date for the 15,000 RELY common shares is 07/16/2026. On that date, 10,000 shares are tied to a stock option exercise for cash, while 5,000 shares relate to previously granted restricted stock units, all to be sold on NASDAQ.

What RELY stock has Pankaj Sharma sold in the past three months?

In the past three months, Pankaj Sharma completed 10b5-1 sales of 16,000 RELY common shares for $320,236.80 on 05/28/2026 and 10,000 shares for $200,000.00 on 04/17/2026, as reported under securities sold during the past three months.

Which broker is handling Pankaj Sharma’s planned RELY share sale?

The planned sale of 15,000 RELY common shares is being handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, according to the securities information section.

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