Form 4: Remitly Global Director Sells Shares
Insider Transaction (Form 4)
Phillip John Riese, a Director of Remitly Global, Inc., sold 260,182 shares of common stock on August 7, 2026.
Summary
- Option exercise/conversion: acquired 270,182 Common Stock at $0.64 ($172,916) on August 7, 2026; holds 421,276 after (Direct).
- Option exercise/conversion: acquired 100,000 Common Stock at $0.64 ($64,000) on August 11, 2026; holds 521,276 after (Direct).
- Open-market sale: disposed of 160,182 Common Stock at $24.94 ($3,994,939) on August 7, 2026; holds 361,094 after (Direct).
- Open-market sale: disposed of 50,000 Common Stock at $23.69 ($1,184,500) on August 11, 2026; holds 311,094 after (Direct).
- Open-market sale: disposed of 50,000 Common Stock at $23.77 ($1,188,500) on August 11, 2026; holds 261,094 after (Direct).
- Option exercise/conversion: disposed of 270,182 Stock Option (right to buy) on August 7, 2026; holds 169,818 after (Direct).
- Option exercise/conversion: disposed of 100,000 Stock Option (right to buy) on August 11, 2026; holds 69,818 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $6,367,939 of stock on the open market.
Insider Transactions
Phillip John Riese — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-07 | Option exercise/conversion | Common Stock | 270,182 | $1 | $172.9K | 421,276 |
| 2026-08-11 | Option exercise/conversion | Common Stock | 100,000 | $1 | $64.0K | 521,276 |
| 2026-08-07 | Open-market sale | Common Stock | 160,182 | $25 | $4.0M | 361,094 |
| 2026-08-11 | Open-market sale | Common Stock | 50,000 | $24 | $1.2M | 311,094 |
| 2026-08-11 | Open-market sale | Common Stock | 50,000 | $24 | $1.2M | 261,094 |
| 2026-08-07 | Option exercise/conversion | Stock Option (right to buy) | 270,182 | — | — | 169,818 |
| 2026-08-11 | Option exercise/conversion | Stock Option (right to buy) | 100,000 | — | — | 69,818 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-07 | Option exercise/conversion (270,182 shares) |
| 2026-08-11 | Option exercise/conversion (100,000 shares) |
| 2026-08-07 | Open-market sale (160,182 shares) |
| 2026-08-11 | Open-market sale (50,000 shares) |
| 2026-08-11 | Open-market sale (50,000 shares) |
| 2026-08-07 | Option exercise/conversion (270,182 shares) |
| 2026-08-11 | Option exercise/conversion (100,000 shares) |
Keywords
insider transaction, Form 4, RELY, Remitly Global, Inc., bearish, Phillip John Riese
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