Remitly Global (RELY) director sells 23K shares around $26
Rhea-AI Filing Summary
Remitly Global, Inc. (RELY) director Nigel W. Morris reported two open-market sales of Remitly common stock. On August 17, 2026, he sold 20,000 shares at a weighted average price of $26.26 per share, in multiple trades between $26.04–$26.46. On August 18, 2026, he sold an additional 3,249 shares at a weighted average price of $26.53, in multiple trades between $26.50–$26.61. The filing does not state his share holdings after these transactions.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 23,249 shares
Net Sell
2 txns
Insider
MORRIS NIGEL W
Role
Director
Sold
23,249 shs ($611K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 3,249 | $26.53 | $86K |
| Sale | Common Stock F1 | 20,000 | $26.26 | $525K |
Holdings After Transaction:
Common Stock — 1,827,807 shares (Direct)
Footnotes (2)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $26.04 to $26.46 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.
- F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $26.50 to $26.61 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
Shares sold 2026-08-17: 20,000 shares
Weighted average price 2026-08-17: $26.26 per share
Shares sold 2026-08-18: 3,249 shares
+2 more
5 metrics
Shares sold 2026-08-17
20,000 shares
Common Stock sale by director Nigel W. Morris on August 17, 2026
Weighted average price 2026-08-17
$26.26 per share
Open-market or private transactions in a range of $26.04–$26.46
Shares sold 2026-08-18
3,249 shares
Common Stock sale by director Nigel W. Morris on August 18, 2026
Weighted average price 2026-08-18
$26.53 per share
Open-market or private transactions in a range of $26.50–$26.61
Total shares sold
23,249 shares
Combined total for both reported sales on August 17–18, 2026
Key Terms
Form 4, weighted average price, open market or private transaction
3 terms
Form 4 regulatory
"Nigel W. Morris reported these transactions on a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions at prices ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transactions did Remitly Global (RELY) director Nigel W. Morris report?
Nigel W. Morris reported two open-market sales of Remitly Global common stock, totaling 23,249 shares on August 17–18, 2026. The sales were executed at weighted average prices in the mid-$26 range across multiple individual trades.
What was the August 18, 2026 insider sale by Nigel W. Morris at Remitly (RELY)?
On August 18, 2026, Nigel W. Morris sold 3,249 shares of Remitly common stock. The reported weighted average sale price was $26.53 per share, with individual trades occurring in a narrow range between $26.50 and $26.61, inclusive.
Were Nigel W. Morris’s Remitly (RELY) insider sales made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnotes do not reference any trading plan. Based on the filing’s data, these reported August 2026 sales are not identified as being made under a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.