Remitly (RELY) Director Nigel Morris Sells 16,751 Shares

What Happened
Nigel W. Morris, a director of Remitly Global, Inc. (RELY), sold 16,751 shares in an open-market sale on August 24, 2026. The weighted-average sale price reported was $26.56, producing gross proceeds of about $444,907. This was a sale (routine disposition) rather than a purchase.

Key Details

• Transaction date: 2026-08-24 (reported on Form 4 filed 2026-08-26).
• Transaction type/code: Open-market sale (S).
• Shares sold: 16,751; weighted-average price: $26.56; total proceeds ≈ $444,907.
• Price range per footnote: sales occurred at prices from $26.50 to $26.79; reporting person can provide a per-price breakdown on request (Footnote F1).
• Shares owned after transaction: not specified in the provided filing details.
• Timeliness: Form 4 was filed two days after the trade (within the typical two-business-day reporting window).
• No 10b5-1 plan, tax-withholding, gift, or option exercise was indicated in the provided details.

Context: Sales by directors are common and can be for many personal reasons; a sale is not by itself a clear signal about business prospects. Purchases typically carry more weight for indicating insider conviction. This filing shows a routine open-market disposition by a company director.