RELY (NASDAQ: RELY) insider details Rule 144 and 10b5-1 stock sales
Rhea-AI Filing Summary
A security holder of RELY, under a 10b5-1 Sales Plan for Joshua D. Hug, has filed a notice to sell 5,500 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services. These shares were acquired from previously exercised stock options, with a proposed sale date of July 17, 2026 on NASDAQ and an indicated value of $138,765.00. The filing also lists multiple prior common stock sales under the same 10b5-1 plan during April–July 2026, including transactions such as 362,000 shares for $9,116,711.00 on July 16, 2026 and 314,768 shares for $7,847,048.05 on July 15, 2026.
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Key Figures
Shares to be sold: 5,500 shares
Proposed sale value: $138,765.00
Large 10b5-1 sale: 362,000 shares for $9,116,711.00
+2 more
5 metrics
Shares to be sold
5,500 shares
Common stock covered by the new Rule 144 notice
Proposed sale value
$138,765.00
Indicated value for 5,500 shares proposed for sale on 07/17/2026
Large 10b5-1 sale
362,000 shares for $9,116,711.00
Common stock sale on 07/16/2026 under 10b5-1 Sales Plan
Another 10b5-1 sale
314,768 shares for $7,847,048.05
Common stock sale on 07/15/2026 under 10b5-1 Sales Plan
10b5-1 sale example
33,600 shares for $706,608.00
Common stock sale on 06/01/2026 under 10b5-1 Sales Plan
Key Terms
Rule 144, 10b5-1 Sales Plan, Previously Exercised Stock Options, Common
4 terms
Rule 144 regulatory
"144: Securities To Be Sold"
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 regulatory
"10b5-1 Sales Plan for JOSHUA D. HUG 401 Union Street"
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 | Issuer | | | 5500"
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the RELY Form 144 filing disclose?
The Form 144 for RELY discloses an intention to sell 5,500 common shares under Rule 144, sourced from previously exercised stock options, with a proposed sale date of July 17, 2026 on NASDAQ.
Who is associated with the Rule 144 stock sale for RELY?
The Rule 144 stock sale is associated with a 10b5-1 Sales Plan for Joshua D. Hug, listing his Seattle business address and multiple planned and completed common stock sales in 2026.
What recent 10b5-1 plan sales of RELY stock are reported?
Reported 10b5-1 plan sales include 362,000 shares for $9,116,711.00 and 5,500 shares for $139,664.25 on July 16, 2026, plus other transactions from April to July 2026 in RELY common stock.
What is Rule 10b5-1’s role in the RELY insider stock transactions?
The RELY insider transactions are conducted under a 10b5-1 Sales Plan for Joshua D. Hug, which pre-arranges trading of common stock and is referenced for each listed sale in 2026.