Trade Summary
2 days ago, Somalya Saema, serving as CLCAO at Remitly Global, Inc. (RELY), sold 36,764 shares at $18.00 per share, for a total transaction value of $661,752.00. Following this transaction, Somalya Saema now holds 295,791 shares of RELY.
This sale represents a 11.00% decrease in Somalya Saema's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, March 4, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 1 day after the trade was made.
Remitly Global, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.