Remitly (RELY) director sells 3,572 common shares around $24
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Remitly Global, Inc. director Nigel W. Morris reported an open-market sale of Common Stock. On May 13, 2026, he sold 3,572 shares at a weighted average price of $24.03 per share, with individual trade prices ranging from $24.00 to $24.08. Following this transaction, he directly holds 1,857,638 shares of Remitly common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,572 shares ($85,835)
Net Sell
1 txn
Insider
MORRIS NIGEL W
Role
null
Sold
3,572 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,572 | $24.03 | $86K |
Holdings After Transaction:
Common Stock — 1,857,638 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,572 shares
Weighted average sale price: $24.03 per share
Post-transaction holdings: 1,857,638 shares
+1 more
4 metrics
Shares sold
3,572 shares
Open-market sale of Remitly Common Stock on May 13, 2026
Weighted average sale price
$24.03 per share
Average price for the 3,572 shares sold
Post-transaction holdings
1,857,638 shares
Common Stock directly held after the sale
Sale price range
$24.00–$24.08 per share
Range of prices across multiple sale transactions
Key Terms
open-market sale, Common Stock, weighted average price
3 terms
open-market sale financial
"he sold 3,572 shares at a weighted average price of $24.03 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"reported an open-market sale of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
weighted average price financial
"These shares were sold in multiple transactions at prices ranging from $24.00 to $24.08 inclusive"
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.
FAQ
What insider transaction did Nigel W. Morris report at Remitly (RELY)?
Nigel W. Morris, a director of Remitly Global, Inc., reported an open-market sale of company Common Stock. He sold 3,572 shares on May 13, 2026, and the transaction was disclosed on a Form 4 insider filing with the Securities and Exchange Commission.
What does the price range in Nigel W. Morris’s Remitly (RELY) sale indicate?
The filing states the 3,572 shares were sold at prices ranging from $24.00 to $24.08 per share. The reported $24.03 figure is a weighted average price across these individual trades, which were executed within that narrow range during the May 13, 2026 transaction.
What type of security did Nigel W. Morris trade in the Remitly (RELY) Form 4 filing?
The Form 4 shows that Nigel W. Morris traded Remitly’s Common Stock in a non-derivative transaction. The sale involved 3,572 common shares, executed in the open market, and did not include any options, warrants, or other derivative securities in this particular filing.