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  "documentTitle": "Remitly Global, Inc. (RELY)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2025-03-11 00:00:00",
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  "notes": "The table details specific insider trading plans for executives including Pankaj Sharma, Josh Hug, and Matt Oppenheimer.",
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      "text": "Spruce Point is concerned that both co-founders, in addition to the Chief Business Officer, are currently selling stock through 10b5-1 programs.",
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      "text": "Spruce Point is concerned that both co-founders, in addition to the Chief Business Officer, are currently selling stock through 10b5-1 programs. Moreover, co-founder Hug more than doubled his planned sales after transitioning from his role as COO to Vice Chair in May 2024. Mr. Sharma started his stock sales shortly before being promoted to Chief Business Officer in February 2024. These stock sales are occurring despite the projected 40% upside to consensus target.",
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      "text": "Source: Remitly SEC filings",
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      "text": "However, Co-Founders And The Chief Business Officer Are Liquidating Stock....",
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