Remitly Global director Hug sells two 5,500-share lots
The director's two reported sales were automatic transactions under a Rule 10b5-1 plan adopted December 11, 2025.
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Rhea-AI Filing Summary
Remitly Global, Inc. director Joshua Hug reported two direct sales of 5,500 common shares each: 5,500 on October 6, 2026, at a weighted average price of $23.18, and 5,500 on October 7, 2026, at a weighted average price of $23.07. Both sales were effected automatically under a Rule 10b5-1 trading plan adopted December 11, 2025. Separately, a family trust held 300,000 common shares as of October 6, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3 | 5,500 | $23.07 | $127K |
| Sale | Common Stock F1, F2 | 5,500 | $23.18 | $127K |
| 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 December 11, 2025.
- F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $22.68 to $23.56 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 $22.91 to $23.20 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 technical
reporting person regulatory
FAQ
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Were Joshua Hug's RELY sales made under a Rule 10b5-1 plan?
Who is the trustee of the RELY family trust reported with Joshua Hug's holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.