Remitly Global, Inc. (RELY) CBO sells 15,000 shares in 10b5-1 trade
Rhea-AI Filing Summary
Pankaj Sharma, Chief Business Officer of Remitly Global, Inc., sold 15,000 shares of common stock on July 16, 2026, in open-market transactions under an automatic Rule 10b5-1 trading plan adopted on November 18, 2025. The weighted average sale price was $25.03 per share, with individual trades between $25.00 and $25.11, and he now directly holds 752,810 shares.
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Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($375,450)
Net Sell
1 txn
Insider
Sharma Pankaj
Role
Chief Business Officer
Sold
15,000 shs ($375K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $25.03 | $375K |
Holdings After Transaction:
Common Stock — 752,810 shares (Direct)
Footnotes (1)
- This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.11 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: 15,000 shares
Weighted average sale price: $25.03 per share
Sale price range: $25.00 to $25.11 per share
+2 more
5 metrics
Shares sold
15,000 shares
Common stock sale by Chief Business Officer on July 16, 2026
Weighted average sale price
$25.03 per share
Average price for the 15,000 shares sold in multiple transactions
Sale price range
$25.00 to $25.11 per share
Prices for the multiple sale transactions on July 16, 2026
Shares owned after sale
752,810 shares
Direct common stock holdings following the reported transaction
10b5-1 plan adoption date
November 18, 2025
Date the trading plan used for this sale was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"transaction was effected automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
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
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did RELY executive Pankaj Sharma report?
Pankaj Sharma reported selling 15,000 shares of Remitly Global common stock. The trades occurred on July 16, 2026, at a weighted average price of $25.03 per share, with individual transaction prices ranging from $25.00 to $25.11.
Was Pankaj Sharma’s RELY stock sale made under a Rule 10b5-1 plan?
Yes. The sale was executed automatically under a Rule 10b5-1 trading plan. The plan was adopted by Pankaj Sharma on November 18, 2025, providing for pre-arranged trading instructions independent of subsequent day-to-day market conditions.
What position does Pankaj Sharma hold at Remitly Global (RELY)?
Pankaj Sharma serves as Remitly Global’s Chief Business Officer. As an executive officer, his equity transactions in the company’s common stock are reportable, and this Form 4 filing discloses his recent sale and resulting direct share ownership.