Remitly officer sells 50,000 shares in open market
Remitly Global, Inc. Chief Product and Tech Officer Ankur Sinha reported an open-market sale of 50,000 shares of common stock at a weighted average price of $23.42 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Remitly Global, Inc. Chief Product and Tech Officer Ankur Sinha reported an open-market sale of 50,000 shares of common stock at a weighted average price of $23.42 per share. After this transaction, Sinha directly holds 1,255,566 shares of Remitly common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $23.42 | $1.17M |
Footnotes (1)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.27 to $23.61 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Form 4 regulatory
transaction code "S" regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ankur Sinha report for Remitly (RELY)?
Was Ankur Sinha’s Remitly (RELY) transaction an open-market sale?
Does the Form 4 for Remitly (RELY) mention multiple trade executions?
AI-generated analysis. How Rhea-AI works. Not financial advice.