Blignaut Ryno 4

What Happened

• Ryno Blignaut, a director of Remitly Global, sold 4,500 common shares on February 17, 2026. The weighted-average price was $12.89, generating gross proceeds of approximately $58,005. This was a sale (not a purchase) and is typically considered routine insider selling.

Key Details

• Transaction date: 2026-02-17
• Transaction type/code: Sale (S) — open market or private sale per the Form 4
• Price: weighted average $12.89; shares sold across prices ranging $12.62–$13.07 (reporting person will provide per-share breakdown on request)
• Total proceeds: ~$58,005
• Shares owned after transaction: Not specified in the provided filing
• Footnotes: Transaction was effected automatically under a Rule 10b5-1 trading plan (pre-established plan)
• Filing timeliness: Form filed 2026-02-17 (no late filing indicated in the provided data)

Context

• The sale was executed under a Rule 10b5-1 plan, meaning trades were pre-specified and executed automatically; such sales often reflect pre-planned liquidity rather than a timely view on the company’s prospects.
• For retail investors, purchases tend to be more informative of insider conviction; routine sales under a 10b5-1 plan are common and not necessarily a negative signal.