Director at Remitly (RELY) sells 4,500 shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Remitly Global director Ryno Blignaut sold 4,500 shares of common stock in an open-market sale. The transaction took place on 02/17/2026 at a weighted average price of $12.89 per share, with individual trades ranging from $12.62 to $13.07.
The sale was executed automatically under a prearranged Rule 10b5-1 trading plan adopted by Blignaut. After this transaction, he directly holds 32,576 shares of Remitly Global common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,500 shares ($58,005)
Net Sell
1 txn
Insider
Blignaut Ryno
Role
Director
Sold
4,500 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,500 | $12.89 | $58K |
Holdings After Transaction:
Common Stock — 32,576 shares (Direct)
Footnotes (1)
- This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Weighted average price. These shares were sold in multiple transactions at prices ranging from $12.62 to $13.07 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.
FAQ
What insider transaction did Remitly (RELY) report for director Ryno Blignaut?
Remitly reported that director Ryno Blignaut sold 4,500 shares of common stock. The sale occurred on 02/17/2026 as an open-market transaction under a Rule 10b5-1 trading plan at a weighted average price of $12.89 per share.
What does the Form 4 say about Remitly (RELY) director’s transaction type?
The Form 4 identifies the transaction code as “S,” indicating a sale in an open market or private transaction. It further clarifies this was an open-market sale of 4,500 common shares executed under a Rule 10b5-1 trading plan.
What security was involved in Ryno Blignaut’s Remitly (RELY) insider trade?
The insider trade involved Remitly Global’s common stock. Director Ryno Blignaut sold 4,500 shares of this common stock class in an open-market transaction at a weighted average price of $12.89 per share.