Sinha Ankur

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.

RELY Chief Product Officer sold 68,634 shares at $24.11 for $1.7M; holds 329,171 shares post-sale.

Ankur Sinha, Chief Product and Tech Officer, executed a substantial sale of 68.6K shares on 2025-05-09 at $24.11, reducing his stake from 397.8K to 329.2K shares (a 17.3% reduction in holdings). The current stock price of $24.22 is within 1% of the transaction price, placing the sale 10.8% below the 52-week high of $27.14 and only 3.3% down over the 90-day period. Importantly, his cross-ticker track record shows 2 prior sells with an average 90-day return of -38.5% and a 100% well-timed rate, suggesting a pattern of selling ahead of declines; however, at RELY specifically, his prior 2025 sell (on 2024-03-06) showed a 90-day return of -38.5%, demonstrating similar timing success at this ticker. The company's fundamentals remain mixed: revenue growth of 33.8% year-over-year and a substantial revenue base of $361.6M are offset by the fact that the company was unprofitable over its most recent full fiscal year, creating context for executive liquidity decisions. This sale by a product-focused officer warrants attention to whether it reflects broader strategic confidence or functional-area insights into near-term execution challenges.