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RELY Remitly Global, Inc. Insider Trading

Latest: Chief Product and Tech Officer Sold $1.2M of Shares · May 2026
2 filings analyzed · Latest 2026-05-27
Insider buys
0
Insider sells
2
Unique insiders
2
Direction
Net selling
May 2026
2026-05-27
low
Vikas D Mehta Sell
Chief Financial Officer
25,000 shares
$526,750
@ $21.07
Significance 3/10

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.

2026-05-15
high
Sinha Ankur Sell
Chief Product and Tech Officer
50,000 shares
$1,171,000
@ $23.42
Significance 7/10

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.

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