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RELY (NASDAQ: RELY) shows 10,000-share option exercise; Feb 10b5-1 sales

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

Rhea-AI Filing Summary

RELY filing of Form 144 reports a proposed sale of 10,000 shares of Common Stock via an exercise of stock options to be effected on 04/01/2026 for cash. The filing also discloses 10b5-1 plan sales by Pankaj Sharma of 3,000 shares on 02/19/2026 for $49,050 and 2,000 shares on 02/11/2026 for $27,400.

Positive

  • None.

Negative

  • None.
Proposed sale via option exercise 10,000 shares Exercise of stock options by issuer on 04/01/2026
10b5-1 sale (Feb 19, 2026) 3,000 shares / $49,050 Sale by Pankaj Sharma on 02/19/2026 under 10b5-1 plan
10b5-1 sale (Feb 11, 2026) 2,000 shares / $27,400 Sale by Pankaj Sharma on 02/11/2026 under 10b5-1 plan
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for PANKAJ SHARMA 401 Union Street"
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.
Exercise of Stock Options financial
"Securities To Be Sold | Exercise of Stock Options"

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 does RELY's Form 144 disclose?

The Form 144 discloses a proposed sale of 10,000 shares by exercise of stock options on 04/01/2026. It also lists 10b5-1 plan sales of 3,000 and 2,000 shares in February 2026.

Who executed recent 10b5-1 sales shown in the RELY filing?

The filing attributes recent 10b5-1 sales to Pankaj Sharma, showing 3,000 shares sold on 02/19/2026 for $49,050 and 2,000 shares on 02/11/2026 for $27,400.

What is the method and consideration for the 10,000-share transaction in RELY's Form 144?

The 10,000-share transaction is listed as an Exercise of Stock Options to be completed through the Issuer on 04/01/2026, with cash as the form of consideration.

Does the RELY Form 144 show any sales within the past three months?

Yes; the filing lists two sales under a 10b5-1 plan: 3,000 shares on 02/19/2026 for $49,050 and 2,000 shares on 02/11/2026 for $27,400 attributed to Pankaj Sharma.