RELY Remitly Global, Inc. Insider Trading

Director Joshua Hug sells 687,768 shares for $17,234,576.24 under 10b5-1 plan at RELY

Joshua Hug, a Director at Remitly Global, Inc. (RELY), executed 4 separate sales totaling 687,768 shares for $17,234,576.24 between July 15–17, 2026, at a blended average price of $25.06. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-11, meaning it was scheduled rather than discretionary. Post-transaction, Hug holds 2,680,889 shares, representing a -20.4% reduction from his pre-transaction holdings of 3,368,657 shares. The current market price of $24.13 is -6.3% from the 52-week high of $25.75, and the stock has posted a 30-day return of +18.1% and 90-day return of +20.6% from the filing date.

CFO Vikas D Mehta sold 25,000 shares of RELY at $21.07 under pre-arranged 10b5-1 plan (adopted 2025-11-21)

Vikas D Mehta, Chief Financial Officer, sold 25,000 shares (25.0K shares) of Remitly Global, Inc. (RELY) at $21.07 on 2026-05-26, reducing his holdings from 1,013,004 shares to 988,004 shares, a -2.5% reduction in his post-transaction holdings. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-21, meaning it was scheduled and not a discretionary trade decision made in response to current market conditions. The stock currently trades at $20.12, down 5.4% over 30 days but up 19.5% over 90 days, and is -19.3% from its 52-week high of $24.92. Investors should note that 10b5-1 plan sales are predetermined transactions and do not reflect real-time conviction or concern about valuation.

Remitly CPTO Sinha Ankur sold 50,000 shares at $23.42 ($1.2M) on 2026-05-14, after +19.8% 30-day and +77.0% 90-day price run-up.

Sinha Ankur, Chief Product and Tech Officer at Remitly Global, Inc., sold 50,000 shares at $23.42, generating $1,171,000.00, while retaining 1,255,566 shares post-transaction. The sale occurred after a 30-day price gain of +19.8% and a 90-day gain of +77.0%, placing the stock at -9.4% from its 52-week high of $24.92. In his cross-ticker track record, all 3 prior open-market sells carry a 90-day well-timed rate of 100.00%, meaning the stock declined in the 90 days following each sale; his prior two measurable sells at RELY specifically produced 90-day returns of -21.4% and -38.5%, giving a same-ticker 90-day well-timed rate of 2 of 2. Remitly's latest-quarter revenue stands at $452,802,000.00 with net income of $49,053,000.00 and annual revenue growth of +29.4%, providing fundamental context against which investors may weigh the insider's selling activity near recent price highs.

Naspers sells 12.00M RELY shares (47.2% of holdings) at $15.98; stock now -37.7% from 52-week high

Naspers executed a substantial sale of 12,000,000 shares at $15.98, reducing its RELY stake from 25,441,745 to 13,441,745 shares (a -47.2% reduction in holdings). The sale occurred when the stock was already -37.7% below its 52-week high of $24.49, and the current price of $15.25 sits 4.6% below the transaction price itself. Naspers' prior RELY sale on 2025-05-14 posted a -15.2% 90-day return, a well-timed outcome, though the cross-ticker track record shows mixed timing (100% well-timed rate on 2 prior sells but an average 90d return of -19.3%). The combination of a near-50% position reduction, execution at a depressed price relative to the 52-week range, and the stock's continued weakness post-transaction warrants investigation into whether this reflects a strategic repositioning or a broader reassessment of RELY's outlook.

CEO Oppenheimer sells 29,166 shares ($569,757.81) at $19.36–$19.71; still holds 4,169,100 shares post-transaction.

Matthew B. Oppenheimer, CEO of Remitly Global, executed 2 separate sales totaling 29,166 shares for $569,757.81 on 2025-08-12 and 2025-08-13 at a blended average price of $19.54. This represents a 0.7% reduction in his pre-transaction holdings of 4,198,266 shares. The sales occurred when the stock was trading near recent lows relative to its 52-week high of $27.14 (current price $19.65 is -27.6% from that peak), though the 30-day trend is positive at +12.5%. Notably, his prior 5 sells at RELY have all shown negative 30-day returns (ranging from -8.7% to -10.6%), yet this pattern differs materially from his cross-ticker track record, which shows a 64.29% well-timed sell rate across 20 prior trades. The company's fundamentals remain mixed: strong revenue growth of +33.8% year-over-year masks an unprofitable full fiscal year and an elevated P/E of 280.71, creating tension between growth narrative and near-term profitability. The modest share reduction, coupled with the CEO's substantial remaining stake of 4,169,100 shares, indicates continued material equity exposure despite recent selling activity.

Matthew B. Oppenheimer, then-CEO of RELY, sold 29,166 shares for $504,280.14 via 10b5-1 plan

Matthew B. Oppenheimer, who was CEO at the time, executed 2 separate sales totaling 29,166 shares for $504,280.14 between July 16–17, 2025, at an average price of $17.29 per share. This sale was conducted pursuant to a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. Post-transaction, Oppenheimer retained 4,198,266 shares, representing a net reduction of 29,166 shares (-0.7% vs pre-transaction holdings). The pre-arranged nature of the trade removes any timing signal from the transaction itself.

CEO Oppenheimer sells 29,166 shares at $20.33 avg (2 txns); stock down 26.1% from 52-week high, company unprofitable on full-year basis

Matthew B. Oppenheimer, CEO of Remitly Global, executed 2 separate sales totaling 29,166 shares for $592,944.78 (blended average $20.33) on June 9–10, 2025, reducing his holdings by 0.7% to 4,227,432 shares. The timing is notable: the stock has declined 26.1% from its 52-week high of $27.14 and is down 18.1% over the past 30 days, with a current price of $20.06 near the transaction range. At the same ticker (RELY), his prior 5 trades show mixed outcomes—the 2 most recent sales (May 21–22) lack measurable outcomes, while the 4 earlier sales showed positive 30-day returns (+1.7% to +22.2%), but none have yet reached a measurable 90-day mark. His cross-ticker track record shows a 50% well-timed sell rate across 18 prior sales, though the company's negative full-year net income despite 33.8% annual revenue growth adds context to the sale timing during a sharp drawdown.

Director Hug Joshua sold 80,777 shares at RELY via 3 scheduled transactions (avg $21.18/share)

Hug Joshua, a director at Remitly Global (RELY), executed 3 separate sales totaling 80,777 shares for $1,710,825.78 across two trading days (May 29–30, 2025). This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled in advance rather than discretionary. The sales reduced his holdings from 3,794,588 shares to 3,713,811 shares, a -2.1% reduction. As a scheduled transaction under a 10b5-1 plan, this activity reflects a predetermined divestment schedule and does not carry timing implications or signals about the director's current view of the company.

CEO Oppenheimer sells 29,166 shares at $22.44–$22.51 for $655,505.85; retains 4,256,598 shares post-transaction.

Chief Executive Officer Matthew B. Oppenheimer filed two separate sales on consecutive days (May 21–22, 2025), disposing of 29,166 shares for a blended average price of $22.48. The sale reduces his holdings by 0.7% to 4,256,598 shares, maintaining a substantial stake in the company. At Remitly Global, Oppenheimer has executed 5 prior open-market sales; his most recent prior sale on April 10, 2025 showed a 30-day return of +20.6%, and his cross-ticker track record across 16 prior sells shows an average 90-day return of +14.8% with a 50.00% well-timed rate. The stock is currently trading at $22.33, -17.7% from its 52-week high of $27.14, and has risen +13.8% over the prior 30 days. Remitly is unprofitable on a full-year basis despite 33.8% annual revenue growth and a $4.6B market cap, warranting attention to whether future profitability improvements will sustain the recent 30-day price momentum.

Naspers reduces RELY stake to 25.44M shares, sells 11.9M shares for $272.3M at $22.88

Naspers, a 10% owner, sold 11,900,000 shares of Remitly Global, Inc. at $22.88 on 2025-05-14, reducing its position by 31.9% to 25,441,745 shares. The $272,331,500.00 transaction is substantial in absolute terms and represents a material reduction in stake. Notably, the stock is now trading at $22.81, just 0.31% below the transaction price, and has declined 16.0% from its 52-week high of $27.14, placing the sale at a relatively elevated valuation. While Naspers' cross-ticker track record shows a 100.00% well-timed sell rate (sales followed by declines), this is based on only 1 prior sale across all tickers and does not constitute strong statistical evidence of predictive timing ability at Remitly specifically. The company's latest quarterly revenue of $361,624,000.00 and annual growth of +33.8% reflect strong top-line expansion, though net income of $11,352,000.00 remains modest relative to revenue, and the company was unprofitable on a full-year basis, indicating margin pressures remain a structural concern.