STOCK TITAN

Remitly (NASDAQ: RELY) director trims stake, still holds 1.8M shares

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) director Nigel W. Morris reported selling 16,751 shares of common stock on 2026-08-24 in an open market or private transaction. The sale was executed at a weighted average price of $26.56 per share, with individual trades ranging from $26.50 to $26.79. Following this transaction, Morris reported owning 1,811,056 shares of Remitly common stock directly.

Positive

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Negative

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Insider MORRIS NIGEL W
Role Director
Sold 16,751 shs ($445K)
Type Security Shares Price Value
Sale Common Stock F1 16,751 $26.56 $445K
Holdings After Transaction: Common Stock — 1,811,056 shares (Direct)
Footnotes (1)
  1. F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $26.50 to $26.79 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.
Shares sold 16,751 shares Common stock sale by Nigel W. Morris on 2026-08-24
Weighted average sale price $26.56 per share Price for the 16,751 shares sold on 2026-08-24
Sale price range low $26.50 per share Lowest price among multiple sale transactions
Sale price range high $26.79 per share Highest price among multiple sale transactions
Shares owned after transaction 1,811,056 shares Direct holdings of Nigel W. Morris following the sale
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
"transaction_code_description: Sale in open market or private transaction"
transaction code regulatory
"transaction_code_description: Sale in open market or private transaction"
Form 4 regulatory
"Form 4 filing for insider transactions in issuer common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

What insider transaction did RELY director Nigel W. Morris report?

Nigel W. Morris reported a sale of 16,751 shares of Remitly Global, Inc. common stock on 2026-08-24 in an open market or private transaction at a weighted average price of $26.56 per share.

At what prices were the sold RELY shares traded by Nigel W. Morris?

The 16,751 shares of RELY common stock were sold in multiple transactions at prices ranging from $26.50 to $26.79 per share, resulting in a weighted average price of $26.56 per share.

How many RELY shares does Nigel W. Morris hold after this Form 4 sale?

After the reported sale, Nigel W. Morris directly holds 1,811,056 shares of Remitly Global, Inc. common stock, as stated in the Form 4 filing.

Was the Nigel W. Morris RELY share sale under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative (aff_10b5_one is false), and the footnote does not state the sale was made under a Rule 10b5-1 trading plan.

What does the weighted average price mean in the RELY Form 4 for Nigel W. Morris?

The filing states the $26.56 figure is a weighted average price for multiple trades between $26.50 and $26.79. The reporting person undertakes to provide full trade-by-trade pricing details upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MORRIS NIGEL W

(Last)(First)(Middle)
C/O REMITLY GLOBAL, INC.
401 UNION STREET, SUITE 1000

(Street)
SEATTLE WASHINGTON 98101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Remitly Global, Inc. [ RELY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/24/2026S16,751D$26.56(1)1,811,056D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $26.50 to $26.79 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.
Remarks:
/s/ Cameron Cohen as attorney-in-fact08/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)