Remitly director sells 6,300 shares, ~$170K
Remitly Global, Inc. (RELY) director Nigel W. Morris reported selling 6,300 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $27.03 per share, with individual trades priced between $27.00 and $27.14.
Rhea-AI Filing Summary
Remitly Global, Inc. (RELY) director Nigel W. Morris reported selling 6,300 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $27.03 per share, with individual trades priced between $27.00 and $27.14. After this sale, he directly holds 1,804,756 shares of Remitly common stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
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Insider Trade Summary
Net Seller: 6,300 shares
Net Sell
1 txn
Insider
MORRIS NIGEL W
Role
Director
Sold
6,300 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 6,300 | $27.03 | $170K |
Holdings After Transaction:
Common Stock — 1,804,756 shares (Direct)
Footnotes (1)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.14 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: 6,300 shares
Weighted average sale price: $27.03 per share
Sale price range: $27.00–$27.14 per share
+2 more
5 metrics
Shares sold
6,300 shares
Common stock sale by director on September 2, 2026
Weighted average sale price
$27.03 per share
Sale of 6,300 shares of common stock
Sale price range
$27.00–$27.14 per share
Multiple transactions included in the reported sale
Total transaction value
$170,289
6,300 shares sold at a weighted average price of $27.03 per share
Shares held after transaction
1,804,756 shares
Direct holdings of Nigel W. Morris following the sale
Key Terms
Weighted average price, multiple transactions, inclusive
3 terms
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.
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging"
inclusive financial
"at prices ranging from $27.00 to $27.14 inclusive"
FAQ
What insider transaction did director Nigel W. Morris report for Remitly Global (RELY)?
Director Nigel W. Morris reported selling 6,300 shares of Remitly Global common stock on September 2, 2026 in an open-market transaction at a weighted average price of $27.03 per share.
Is Nigel W. Morris’s ownership in RELY direct or through another entity?
The filing states that the 1,804,756 shares held after the transaction are owned directly by Nigel W. Morris.
AI-generated analysis. How Rhea-AI works. Not financial advice.