Form 4: Remitly Global CFO Sells Shares
Insider Transaction (Form 4)
Vikas D Mehta, Chief Financial Officer of Remitly Global, Inc., sold 25,000 shares of common stock on August 25, 2026 for $26.15 per share.
Summary
- Tax/exercise-price withholding: disposed of 19,269 Common Stock at $26.59 ($512,363) on August 25, 2026; holds 968,735 after (Direct).
- Open-market sale: disposed of 25,000 Common Stock at $26.15 ($653,750) on August 25, 2026; holds 943,735 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $653,750 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Vikas D Mehta — Officer (Chief Financial Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-25 | Tax/exercise-price withholding | Common Stock | 19,269 | $27 | $512.4K | 968,735 |
| 2026-08-25 | Open-market sale | Common Stock | 25,000 | $26 | $653.8K | 943,735 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-25 | Tax/exercise-price withholding (19,269 shares) |
| 2026-08-25 | Open-market sale (25,000 shares) |
Keywords
insider transaction, Form 4, RELY, Remitly Global, Inc., bearish, Vikas D Mehta
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