Trade Summary

3 days ago, Naspers Ltd, serving as Will cease to be 10% owner holder at Remitly Global, Inc. (RELY), sold 12,000,000 shares at $15.98 per share, for a total transaction value of $191,760,000.00. Following this transaction, Naspers Ltd now holds 13,441,745 shares of RELY.

This sale represents a 47.00% decrease in Naspers Ltd's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, March 12, 2026 and publicly disclosed via SEC Form 4 filing on Friday, March 13, 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.