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Insider Sale: President and CEO of $RLAY Sells 125,000 Shares

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Sanjiv Patel, the President and CEO of $RLAY ($RLAY), sold 125,000 shares of the company on 01-23-2025 for an estimated $597,500. We received data on the trade from a recent SEC filing. This was a sale of approximately 38.5% of their shares of this class of stock. Following this trade, they now own 199,548 shares of this class of $RLAY stock.

$RLAY Insider Trading Activity

$RLAY insiders have traded $RLAY stock on the open market 32 times in the past 6 months. Of those trades, 0 have been purchases and 32 have been sales.

Here’s a breakdown of recent trading of $RLAY stock by insiders over the last 6 months:

  • SANJIV PATEL (President and CEO) has made 0 purchases and 5 sales selling 511,706 shares for an estimated $2,595,423.
  • PETER RAHMER (See remarks) has made 0 purchases and 10 sales selling 125,534 shares for an estimated $712,058.
  • THOMAS CATINAZZO (Chief Financial Officer) has made 0 purchases and 9 sales selling 31,204 shares for an estimated $216,896.
  • DONALD A BERGSTROM (President, R&D) has made 0 purchases and 4 sales selling 6,691 shares for an estimated $47,910.
  • BRIAN ADAMS (Chief Legal Officer) has made 0 purchases and 4 sales selling 3,864 shares for an estimated $27,911.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$RLAY Hedge Fund Activity

We have seen 112 institutional investors add shares of $RLAY stock to their portfolio, and 72 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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