The simultaneous selling by both an executive officer and a board member raises concerns about insider sentiment, particularly given the size of the CLCAO's transaction. Traders should watch for any upcoming earnings commentary or regulatory developments that may explain the timing, especially since these sales represent a notable portion of recent insider activity.
Price Chart
Executive Summary
Two corporate insiders at Remitly Global sold shares in the past week, including the Chief Legal and Compliance Officer and a Director, generating proceeds of approximately $317,000. The sales were conducted through open-market transactions, with no non-cash or derivative-related activity involved.
Key Financial Metrics
Key Facts
- Chief Legal and Compliance Officer Saema Somalya sold 12,187 shares at $18.00 for $219,366 on 2026-04-14
- Director Joshua Hug sold 5,500 shares at $17.76 for $97,680 on 2026-04-14
- All transactions were open-market sales (Form 4 code 'S')
- Total cluster value: $317,046 over a 7-day window
- No grants, exercises, or non-cash transactions reported
Financial Impact
$317,046 in insider sales over 7 days
Risk Factors
- Perception of negative insider sentiment due to coordinated executive and director selling
- Potential for follow-on selling if market conditions remain favorable
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-1776298485727 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 4d ago | Institutional Cluster | $25.32 | awaiting T+5 | — | $24.49 (−3.28%) |
Oct 21, 2026 4d ago | Press Release | $25.32 | awaiting T+5 | — | $24.49 (−3.28%) |
Oct 21, 2026 5d ago | SC 13G/A | $25.42 | awaiting T+5 | — | $24.49 (−3.66%) |
Oct 7, 2026 18d ago | 144 | $23.52 $24.65 | ▲ +4.80% | ▲ +5.08% | $24.49 (+4.12%) |
Oct 6, 2026 19d ago | 144 | $22.93 $23.49 | ▲ +2.44% | ▲ +3.42% | $24.49 (+6.80%) |
Sep 10, 2026 6w ago | Insider Cluster | $21.99 $21.93 | ▼ −0.27% | ▼ −0.05% | $24.49 (+11.37%) |
Sep 4, 2026 7w ago | Insider Cluster | $24.83 $21.83 | ▼ −12.08% | ▼ −10.96% | $24.49 (−1.37%) |
Aug 31, 2026 7w ago | Insider Cluster | $25.71 $24.07 | ▼ −6.38% | ▼ −6.46% | $24.49 (−4.75%) |
Aug 26, 2026 8w ago | Insider Cluster | $25.99 $26.92 | ▲ +3.60% | ▲ +3.33% | $24.49 (−5.75%) |
Aug 19, 2026 9w ago | Insider Cluster | $24.69 $25.99 | ▲ +5.25% | ▲ +4.13% | $24.49 (−0.81%) |
US Market Status
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