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.