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RELY - Remitly Global, Inc.

Insider Sale by Somalya Saema (CLCAO)

1 Month
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Trade Summary

2 days ago, Somalya Saema, serving as CLCAO at Remitly Global, Inc. (RELY), sold 35,976 shares at $18.07 per share, for a total transaction value of $650,185.00. Following this transaction, Somalya Saema now holds 259,815 shares of RELY.

This sale represents a 12.00% 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 Tuesday, April 14, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, April 15, 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.

Somalya Saema

Somalya Saema

CLCAO

Saema Somalya is the Chief Legal and Corporate Affairs Officer (CLCAO) at Remitly Global, Inc. (RELY), a position she has held since August 2024, following her role as EVP, Legal & Risk and General Counsel from December 2020.[[1]](https://fintool.com/app/research/companies/RELY/people/saema-somalya)[[2]](https://www.businesswire.com/news/home/20201208005362/en/Remitly-Names-Saema-Somalya-as-General-Counsel-Expands-Board-Strength-with-Bora-Chung-Appointment) At 48 years old, she oversees legal, compliance, enterprise risk, privacy, and governance functions, including signing key corporate disclosures and leading risk oversight reported to the Audit & Risk Committee.[[1]](https://fintool.com/app/research/companies/RELY/people/saema-somalya) Under her tenure, Remitly achieved FY2024 revenue of $1.264 billion (+34% YoY), send volume of $54.6 billion (+38% YoY), and 7.8 million Q4 active customers.[[1]](https://fintool.com/app/research/companies/RELY/people/saema-somalya) Somalya brings extensive experience from prior roles, including SVP, Deputy General Counsel (Corporate) & Assistant Secretary at Fifth Third Bancorp (2016–2020), SVP, General Counsel & Corporate Secretary at Warren Resources (2014–2016), and Senior Legal Director at PepsiCo (2009–2014), where she led over $50 billion in capital markets offerings and advised on governance, ESG, and securities matters.[[1]](https://fintool.com/app/research/companies/RELY/people/saema-somalya)[[2]](https://www.businesswire.com/news/home/20201208005362/en/Remitly-Names-Saema-Somalya-as-General-Counsel-Expands-Board-Strength-with-Bora-Chung-Appointment)[[3]](https://jonathanperks.com/podcasts/236-saema-somalya-evp-legal-risk-remitly-global/) A British-born, first-generation American of Pakistani heritage, she holds a B.A. in international relations from Yale University and a J.D. from Yale Law School, and began her career at Davis Polk’s Capital Markets group.[[3]](https://jonathanperks.com/podcasts/236-saema-somalya-evp-legal-risk-remitly-global/) She serves as Board Chairman for Muslim Advocates and resides in the Seattle area.[[3]](https://jonathanperks.com/podcasts/236-saema-somalya-evp-legal-risk-remitly-global/)

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Trade Price

$18.07

Quantity

35,976

Total Value

$650,185.00

Shares Owned

259,815

Trade Date

Tuesday, April 14, 2026

2 days ago

SEC Filing Date

Wednesday, April 15, 2026

Filed 1 day after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Remitly Global, Inc.

Company Overview

No company information available
View news mentioning RELY

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