Sinha Ankur 4

What Happened
Ankur Sinha, Chief Product and Tech Officer at Remitly Global, Inc. (RELY), sold 9,741 shares on March 11, 2026. The weighted average price was $16.94 per share for a total proceeds of approximately $165,013. The shares were disposed in multiple open‑market transactions at prices ranging from $16.79 to $17.23.

Key Details

• Transaction type: Sale (code S) — open market/private sale reported on Form 4.
• Transaction date: 2026-03-11; Form 4 filed 2026-03-12 (timely filing).
• Price: weighted average $16.94; range $16.79–$17.23.
• Shares sold: 9,741; proceeds ≈ $165,013.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: Transaction was executed automatically under a Rule 10b5‑1 trading plan adopted Dec 10, 2025 (F1). Weighted average price noted and seller will provide per‑price breakdown on request (F2).

Context
A 10b5‑1 plan indicates the sale was pre‑arranged and executed automatically, which is often routine and not necessarily a signal of the insider’s view on the company’s prospects. Retail investors should view this as a planned sale rather than a discretionary, on‑the‑spot insider trade.