RELY Form 144: 40,777 RSUs Proposed Sale, $753.6K Value

Remitly Global, Inc. (RELY) Form 144: This notice reports a proposed sale of 40,777 common shares (restricted stock units) acquired on 08/25/2025, with an aggregate market value of $753,558.96.

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) Form 144: This notice reports a proposed sale of 40,777 common shares (restricted stock units) acquired on 08/25/2025, with an aggregate market value of $753,558.96. The shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ. The filing lists total shares outstanding of 206,193,217. The filer also disclosed multiple prior 10b5-1 sales by Joshua David Hug in the past three months totaling 80,000 shares and $1,599,931 in gross proceeds. The filer affirms no undisclosed material adverse information and indicates reliance on Rule 10b5-1 trading plans where applicable.

Positive

• Planned sale is documented with broker and exchange details, supporting regulatory transparency
• Shares to be sold were acquired as RSUs on 08/25/2025, clearly disclosed
• Prior 10b5-1 sales are itemized, showing structured trading plan usage

Negative

• Insider disposals in past three months total 80,000 shares with $1,599,931 gross proceeds, which may be interpreted by some investors as insider liquidity

Insights

Financial Analyst

TL;DR: Routine insider sale of RSUs; transaction size is small relative to total shares outstanding.

The filing documents a planned sale of 40,777 restricted shares via an established broker and confirms recent systematic insider disposals under a 10b5-1 plan totaling 80,000 shares and $1,599,931. For investors this is a disclosure of executive liquidity rather than any operational change. No earnings or operational metrics are provided, and the filing contains no indications of material adverse events.

Corporate Governance Expert

TL;DR: Proper procedural disclosure of insider sales with 10b5-1 references; signature attests to absence of undisclosed material information.

The Form 144 shows compliance with Rule 144 and notes reliance on Rule 10b5-1 plans for recent sales by the named seller. The filing includes the broker name, acquisition date of the RSUs, and confirmation statement about material information. This is a routine governance disclosure; no red flags or policy deviations are evident within the document itself.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Remitly Global's (RELY) Form 144 report?

The filing reports a proposed sale of 40,777 common shares acquired as RSUs on 08/25/2025, with an aggregate market value of $753,558.96.

Through which broker and exchange will RELY shares be sold?

The shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

Have there been recent insider sales by the same person?

Yes. The filing lists prior 10b5-1 sales by Joshua David Hug totaling 80,000 shares and $1,599,931 in gross proceeds over the past three months.

What type of securities are being sold in this Form 144?

The securities are Common shares issued as Restricted Stock Units (RSUs), acquired on 08/25/2025.

Does the filer assert any undisclosed material information?

The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/29/2025 - 04:14 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001880864
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Remitly Global, Inc.
SEC File Number	001-40822
Address of Issuer	401 Union Street, Suite 1000 SEATTLE WASHINGTON 98101
Phone	8887364859
Name of Person for Whose Account the Securities are To Be Sold	JOSHUA DAVID HUG
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40777	753558.96	206193217	08/29/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/25/2025	Restricted Stock Units	Issuer			40777	08/25/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	08/15/2025	10000	197158.00
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	08/14/2025	10000	196541.00
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	08/07/2025	20000	381544.00
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	06/17/2025	10000	208877.00
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	06/16/2025	10000	194323.00
10b5-1 Sales Plan for JOSHUA DAVID HUG 401 Union Street, Suite 1000 SEATTLE WA 98101	Common	05/30/2025	20000	421488.00

144: Remarks and Signature

Remarks
Date of Notice	08/29/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/05/2024
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Joshua David Hug
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)