Remitly Global Insider Sells $27,400 in Stock

Pankaj Sharma, an insider at the digital money transfer company, reduces his stake by 0.91%.

Published on Feb. 12, 2026

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Remitly Global, Inc. (NASDAQ:RELY) insider Pankaj Sharma sold 2,000 shares of the company's stock on February 11th, 2026 at an average price of $13.70 per share, for a total transaction value of $27,400. Following the sale, Sharma still owns 218,830 shares in the company, valued at approximately $2,997,971.

Why it matters

Insider transactions, such as stock sales, can provide insights into how company insiders view the future prospects of the business. While a single sale does not necessarily indicate a negative outlook, it is noteworthy when an insider reduces their ownership stake, as it may signal a change in their confidence or investment strategy.

The details

Pankaj Sharma, who serves as an insider at Remitly Global, sold 2,000 shares of the company's stock on February 11th, 2026. The shares were sold at an average price of $13.70, resulting in a total transaction value of $27,400. This sale represents a 0.91% decrease in Sharma's ownership of Remitly Global stock, which now stands at 218,830 shares valued at approximately $2,997,971.

  • Pankaj Sharma sold 2,000 shares of Remitly Global stock on February 11th, 2026.

The players

Pankaj Sharma

An insider at Remitly Global, Inc. who sold 2,000 shares of the company's stock.

Remitly Global, Inc.

A digital financial services company that specializes in cross-border money transfers.

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The takeaway

This insider sale by Pankaj Sharma, while relatively small in size, is noteworthy as it represents a decrease in his ownership stake in Remitly Global. Investors may want to monitor any further changes in insider ownership and trading activity to gauge the confidence of company insiders in the firm's future prospects.