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RELY - Remitly Global, Inc.

Insider Sale by Riese Phillip John (Dir)

1 Month
After Trade
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Trade Summary

5 days ago, Riese Phillip John, serving as Dir at Remitly Global, Inc. (RELY), sold 40,000 shares at $20.04 per share, for a total transaction value of $801,600.00. Following this transaction, Riese Phillip John now holds 122,496 shares of RELY.

This sale represents a 25.00% decrease in Riese Phillip John's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, April 17, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, April 21, 2026, 4 days 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.

Riese Phillip John

Dir

Phillip John Riese is a seasoned financial services executive serving as a Director at Flywire Corp (FLYW), where he has engaged in multiple insider transactions, including the sale of 75,000 shares on March 13, 2024, and owns approximately 207,037 shares valued at over $2 million as of early 2025.[[1]](https://www.gurufocus.com/insider/174236/phillip-john-riese)[[3]](https://www.generalcatalyst.com/team/phillip-riese) Riese brings nearly 30 years of executive experience, including 18 years at American Express as President of the Consumer Card Group and Chairman of American Express Centurion Bank, prior roles at Chase Manhattan Bank managing Merchant Services, and as a partner at M.C. Geffen and Associates in South Africa.[[3]](https://www.generalcatalyst.com/team/phillip-riese) He holds a bachelor’s degree in Commerce from Leeds University, an MBA from the University of Cape Town, and a Master of Science from MIT Sloan School of Management.[[3]](https://www.generalcatalyst.com/team/phillip-riese) Currently, he serves on boards of public companies like Remitly Global Inc (RELY) as Lead Independent Director, Flywire, and private firms including Betterment Holdings and Cross River through his firm Riese & Others, while advising growth companies in financial services as a Catalyst Advisor at General Catalyst.[[2]](https://uk.marketscreener.com/business-leaders/PHILIP-RIESE-0KQ6JF-E/biography/)[[3]](https://www.generalcatalyst.com/team/phillip-riese)[[5]](https://www.staleycapital.com/team/phillip-riese/)

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Trade Price

$20.04

Quantity

40,000

Total Value

$801,600.00

Shares Owned

122,496

Trade Date

Friday, April 17, 2026

5 days ago

SEC Filing Date

Tuesday, April 21, 2026

Filed 4 days after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Remitly Global, Inc.

Company Overview

No company information available
View news mentioning RELY

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