Pankaj Sharma - 05 Mar 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Signature
/s/ Jered Fahey as attorney-in-fact
Issuer symbol
RELY
Transactions as of
05 Mar 2024
Transactions value $
$-40,680
Form type
4
Filing time
07 Mar 2024, 16:08:10 UTC
Previous filing
27 Feb 2024
Next filing
18 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Sale $-40,680 -2,000 -1.59% $20.34 124,019 05 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.