Remitly director sells 11,000 shares under plan
A Remitly Global, Inc. director sold 11,000 shares under a pre-arranged Rule 10b5-1 trading plan while reporting 300,000 shares held indirectly via a family trust.
Rhea-AI Filing Summary
Remitly Global, Inc. (RELY) director Joshua Hug reported selling a total of 11,000 shares of common stock in open-market transactions, consisting of 5,500 shares on September 8, 2026 at a weighted average price of $25.03 and 5,500 shares on September 9, 2026 at a weighted average price of $24.30. These transactions were effected automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. The filing also reports 300,000 shares of common stock held indirectly through a family trust for which Hug’s spouse serves as trustee.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3 | 5,500 | $24.30 | $134K |
| Sale | Common Stock F1, F2 | 5,500 | $25.03 | $138K |
| holding | Common Stock F4 | -- | -- | -- |
Footnotes (4)
- F1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
- F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.72 to $25.88 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.
- F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.84 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.
- F4. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Weighted average price financial
family trust financial
FAQ
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What insider transactions did RELY director Joshua Hug report in this Form 4?
What RELY holdings does the Form 4 show for Joshua Hug through a trust?
Does the Form 4 disclose Joshua Hug’s total direct ownership of RELY after these sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.