Remitly director sells 29,049 shares in 10b5-1 plan
Remitly Global, Inc. director Joshua Hug reported an open-market sale of 29,049 shares of common stock at $17.98 per share on March 4, 2026, executed under a Rule 10b5-1 trading plan adopted on December 5, 2024.
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Rhea-AI Filing Summary
Remitly Global, Inc. director Joshua Hug reported an open-market sale of 29,049 shares of common stock at $17.98 per share on March 4, 2026, executed under a Rule 10b5-1 trading plan adopted on December 5, 2024. After the sale, he directly held 3,575,733 shares, and 300,000 additional shares were held indirectly through a family trust for which his spouse is trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,049 | $17.98 | $522K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 5, 2024.
- F2. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
FAQ
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What insider transaction did Joshua Hug report for Remitly (RELY)?
Was the Remitly (RELY) insider sale under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.