RELY (NASDAQ: RELY) insider to sell 15,000 shares after option exercise
Filing Impact
Filing Sentiment
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.
Positive
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Negative
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Key Figures
Planned shares to be sold: 15,000 shares
Aggregate market value of planned sale: $374,400.00
Shares from stock option exercise: 10,000 shares
+3 more
6 metrics
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
Key Terms
Exercise of Stock Options, Restricted Stock Units, 10b5-1, Securities Sold During The Past 3 Months
4 terms
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"
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.
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.