RELY Remitly Global, Inc.
Price Chart
Executive Summary
Three corporate insiders at Remitly Global sold a combined $1.34 million in shares over a 7-day period, including significant open-market sales by a director and the Chief Legal & Compliance Officer. The transactions follow a pattern of routine insider dispositions, with no open-market buying to offset the selling.
Key Financial Metrics
Actionable Insight
While the dollar amount is not large relative to market cap, the concentration of sales among senior insiders — including a C-suite executive — shortly after option exercises suggests profit-taking. Traders should monitor for potential downward pressure ahead of next earnings and watch for any changes in forward guidance.
Key Facts
- Three insiders sold shares in open-market transactions totaling $1.34M over 7 days.
- Director Riese Phillip John sold $801,600 worth of shares after exercising options.
- CLCAO Saema Somalya sold $430,819 worth of shares, representing a meaningful portion of the cluster.
- All net insider activity in this window was selling — no open-market purchases occurred.
- Total value of sales represents approximately 0.03% of Remitly's $4.3B market cap.
Financial Impact
$1.34 million in open-market sales over 7 days
Risk Factors
- Sustained insider selling could signal lack of confidence in near-term prospects.
- Concentration of sales among executives increases perception of negative sentiment.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RELY-1776803243112 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
1d ago
|
8-K
| $18.46 awaiting T+5 | awaiting T+5 | — | $18.45 (−0.03%) |
|
May 29, 2026
11d ago
|
Insider Cluster
| $21.03 $18.77 | ▼ −10.75% | ▼ −8.00% | $18.45 (−12.27%) |
|
May 29, 2026
11d ago
|
Insider Cluster
| $21.03 $18.77 | ▲ +10.75% | ▲ +8.00% | $18.45 (+12.27%) |
|
May 27, 2026
13d ago
|
Insider Cluster
| $20.00 $19.73 | ▼ −1.35% | ▼ −1.30% | $18.45 (−7.75%) |
|
May 21, 2026
19d ago
|
Insider Cluster
| $21.58 $21.03 | ▼ −2.55% | ▼ −4.21% | $18.45 (−14.50%) |
|
May 15, 2026
25d ago
|
Insider Cluster
| $21.44 $20.39 | ▼ −4.90% | ▼ −6.52% | $18.45 (−13.95%) |
|
Apr 27, 2026
6w ago
|
144
| $21.61 $23.78 | ▲ +10.04% | ▲ +8.35% | $18.45 (−14.62%) |
|
Apr 27, 2026
6w ago
|
Insider Cluster
| $21.26 $23.78 | ▲ +11.85% | ▲ +11.45% | $18.45 (−13.22%) |
|
Apr 27, 2026
6w ago
|
Insider Cluster
| $21.26 $23.78 | ▲ +11.85% | ▲ +11.45% | $18.45 (−13.22%) |
|
Apr 24, 2026
6w ago
|
DEFA14A
| $21.26 $23.78 | ▲ +11.85% | ▲ +11.45% | $18.45 (−13.22%) |
US Market Status
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