The total dollar amount is small relative to market cap (<0.1%) and not indicative of material concern; however, C-suite participation (Chief Business Officer) elevates visibility slightly. Monitor for follow-on selling or larger transactions in next quarter.
Price Chart
Executive Summary
Two corporate insiders at Remitly Global sold a combined $175K worth of shares over a one-week period, including Chief Business Officer Pankaj Sharma who sold $153K in stock. The transactions were open-market sales, representing modest insider selling activity.
Key Financial Metrics
Key Facts
- Director Joshua Hug sold 1,400 shares at $15.99, totaling $23K on April 6, 2026.
- Chief Business Officer Pankaj Sharma sold 10,000 shares at $15.26, totaling $153K on April 1, 2026.
- Total value of insider sales: $175K over a 7-day window.
- All transactions were open-market sales (code S), indicating direct divestment.
Financial Impact
$175K in total sales, representing 0.0048% of $3.6B market cap
Risk Factors
- Repeated insider selling in coming weeks could signal waning confidence
- C-suite involvement, though not CEO/CFO, may attract attention from retail investors
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RELY-1776127144173 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $25.32 | awaiting T+5 | — | $24.57 (−2.96%) |
Oct 21, 2026 5d ago | Press Release | $25.32 | awaiting T+5 | — | $24.57 (−2.96%) |
Oct 21, 2026 5d ago | SC 13G/A | $25.42 | awaiting T+5 | — | $24.57 (−3.34%) |
Oct 7, 2026 19d ago | 144 | $23.52 $24.65 | ▲ +4.80% | ▲ +5.08% | $24.57 (+4.46%) |
Oct 6, 2026 20d ago | 144 | $22.93 $23.49 | ▲ +2.44% | ▲ +3.42% | $24.57 (+7.15%) |
Sep 10, 2026 6w ago | Insider Cluster | $21.99 $21.93 | ▼ −0.27% | ▼ −0.05% | $24.57 (+11.73%) |
Sep 4, 2026 7w ago | Insider Cluster | $24.83 $21.83 | ▼ −12.08% | ▼ −10.96% | $24.57 (−1.05%) |
Aug 31, 2026 7w ago | Insider Cluster | $25.71 $24.07 | ▼ −6.38% | ▼ −6.46% | $24.57 (−4.43%) |
Aug 26, 2026 8w ago | Insider Cluster | $25.99 $26.92 | ▲ +3.60% | ▲ +3.33% | $24.57 (−5.45%) |
Aug 19, 2026 9w ago | Insider Cluster | $24.69 $25.99 | ▲ +5.25% | ▲ +4.13% | $24.57 (−0.49%) |
US Market Status
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