---
title: "Remitly Global Director Sold Shares Worth Over $6.3M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295590535.md"
description: "Remitly Global Director Phillip John Riese sold shares worth over $6.3 million in transactions on August 7 and 11, 2026. Executed at weighted average prices between $23.69 and $24.94 per share, the sales generated total proceeds of $6,367,939. Following these dispositions, Riese retained ownership of 261,094 common shares."
datetime: "2026-08-11T23:30:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295590535.md)
  - [en](https://longbridge.com/en/news/295590535.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295590535.md)
generator: "portal-rs"
---

# Remitly Global Director Sold Shares Worth Over $6.3M

Riese Phillip John, a Director, reported sales of Remitly Global common stock on August 7 and August 11, 2026. The transactions were sales executed at weighted average prices of $24.94, $23.69 and $23.77 per share as noted in the filing. The total proceeds from the three transactions were $6,367,939. After the reported sales, the reporter directly owned 261,094 shares of common stock. The filing notes that the shares sold on each date were executed in multiple trades at prices within the disclosed ranges and that the option referenced became fully vested and exercisable on December 15, 2017.

Reporter Name

Riese Phillip John

Relationship

Director

Type

Sell

Amount

$6,367,939

SEC Filing

Form 4

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**