Form 4: Remitly Global Director Sells Shares
Insider Transaction (Form 4)
Phillip John Riese, a Director of Remitly Global, Inc., sold 69,818 shares of common stock on August 12, 2026.
Summary
- Option exercise/conversion: acquired 69,818 Common Stock at $0.64 ($44,684) on August 12, 2026; holds 330,912 after (Direct).
- Open-market sale: disposed of 40,000 Common Stock at $23.54 ($941,600) on August 12, 2026; holds 290,912 after (Direct).
- Open-market sale: disposed of 29,818 Common Stock at $23.55 ($702,214) on August 12, 2026; holds 261,094 after (Direct).
- Option exercise/conversion: disposed of 69,818 Stock Option (right to buy) on August 12, 2026 (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,643,814 of stock on the open market.
Insider Transactions
Phillip John Riese — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-12 | Option exercise/conversion | Common Stock | 69,818 | $1 | $44.7K | 330,912 |
| 2026-08-12 | Open-market sale | Common Stock | 40,000 | $24 | $941.6K | 290,912 |
| 2026-08-12 | Open-market sale | Common Stock | 29,818 | $24 | $702.2K | 261,094 |
| 2026-08-12 | Option exercise/conversion | Stock Option (right to buy) | 69,818 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-12 | Option exercise/conversion (69,818 shares) |
| 2026-08-12 | Open-market sale (40,000 shares) |
| 2026-08-12 | Open-market sale (29,818 shares) |
| 2026-08-12 | Option exercise/conversion (69,818 shares) |
Keywords
insider transaction, Form 4, RELY, Remitly Global, Inc., bearish, Phillip John Riese
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