MORRIS NIGEL W 4

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.