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Remitly director plans $144K Rule 144 stock sale

Remitly director Joshua D. Hug filed a Rule 144 notice to sell 5,500 shares, following sizable 10b5-1 plan sales in recent months.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) has a notice under Rule 144 from director Joshua D. Hug to sell 5,500 shares of common stock through Morgan Stanley Smith Barney. The shares derive from previously exercised stock options. Over the prior three months, he reported multiple sales under a 10b5-1 sales plan, including several large blocks in June and July 2026.

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Planned sale shares 5,500 shares Common stock to be sold under Rule 144 as of September 8, 2026
Planned sale market value reference $143,935.00 Market value column for the 5,500 shares in the Rule 144 notice
Prior sale July 16, 2026 (large block) 362,000 shares; $9,116,711.00 10b5-1 Sales Plan transaction on July 16, 2026
Prior sale July 15, 2026 314,768 shares; $7,847,048.05 10b5-1 Sales Plan transaction on July 15, 2026
Prior sale June 30, 2026 16,800 shares; $378,421.68 10b5-1 Sales Plan transaction on June 30, 2026
Recent sale August 12, 2026 5,500 shares; $131,110.65 10b5-1 Sales Plan transaction on August 12, 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 regulatory
"10b5-1 Sales Plan for JOSHUA D. HUG 401 Union Street, Suite 1000"
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
"Common | 10/07/2018 | Previously Exercised Stock Options | Issuer"
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

What does the Form 144 filing mean for Remitly Global, Inc. (RELY)?

It reports that director Joshua D. Hug plans to sell 5,500 shares of Remitly common stock under Rule 144. It also lists prior sales in the last three months made under a 10b5-1 sales plan.

How many Remitly (RELY) shares are planned to be sold in this Form 144?

The notice covers a planned sale of 5,500 shares of Remitly Global, Inc. common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the origin of the Remitly (RELY) shares being sold by Joshua D. Hug?

The filing states the 5,500 shares to be sold are from previously exercised stock options, with the acquisition date listed as October 7, 2018 and consideration noted as Cash.

What recent Remitly (RELY) stock sales has Joshua D. Hug reported in the past three months?

The filing lists multiple sales under a 10b5-1 Sales Plan between June 16, 2026 and August 12, 2026, including blocks such as 362,000 shares on July 16, 2026 and 314,768 shares on July 15, 2026.

Were the recent Remitly (RELY) stock sales by Joshua D. Hug under a trading plan?

Yes. Each of the listed transactions in the past three months is described as a 10b5-1 Sales Plan for JOSHUA D. HUG, indicating they were made pursuant to a pre-arranged trading plan.

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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