MORRIS NIGEL W 4
4 · Remitly Global, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Remitly (RELY) Director Nigel Morris Sells 3,572 Shares
What Happened
- Nigel W. Morris, a director of Remitly Global, Inc. (RELY), sold 3,572 shares on May 13, 2026. The weighted average price was $24.03 per share, for total proceeds of approximately $85,835. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-05-13; Form filed: 2026-05-15 (filed within the typical 2-business-day Form 4 window).
- Reported price: weighted average $24.03; footnote states individual sale prices ranged $24.00–$24.08 and the filer can provide a per-price breakdown on request.
- Shares sold: 3,572; total proceeds ≈ $85,835.
- Shares owned after transaction: not specified in the information provided in this summary.
- Transaction code: S (sale); method listed as "Open market or private sale."
Context
- Insider sales are common and can reflect many reasons (diversification, personal liquidity, planned sales). A single, modest insider sale like this (≈$86k) is not, by itself, a clear signal of company prospects. Retail investors should consider this alongside other insider activity and company fundamentals.
Insider Transaction Report
Form 4
MORRIS NIGEL W
Director
Transactions
- Sale
Common Stock
[F1]2026-05-13$24.03/sh−3,572$85,835→ 1,857,638 total
Footnotes (1)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.08 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Signature
/s/ Jeff Mason as attorney-in-fact|2026-05-15