Remitly investors back board, pay and auditor
Remitly Global, Inc. held its 2026 Annual Meeting of Stockholders on June 10, 2026, with a quorum present.
Sentiment and the balance of points
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Form Type
8-K
Rhea-AI Filing Summary
Remitly Global, Inc. held its 2026 Annual Meeting of Stockholders on June 10, 2026, with a quorum present. Stockholders elected Bora Chung, Laurent Le Moal, and Nigel Morris to the Board of Directors for terms expiring at the 2029 annual meeting.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 135,017,111 votes for and 5,226,478 against. In addition, they ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Bora Chung: 134,764,920 votes
Votes for Laurent Le Moal: 135,211,923 votes
Votes for Nigel Morris: 96,695,642 votes
+3 more
6 metrics
Votes for Bora Chung
134,764,920 votes
Director election at 2026 annual meeting
Votes for Laurent Le Moal
135,211,923 votes
Director election at 2026 annual meeting
Votes for Nigel Morris
96,695,642 votes
Director election at 2026 annual meeting
Say-on-pay support
135,017,111 votes for
Advisory vote on executive compensation
Auditor ratification support
153,679,087 votes for
Ratification of PwC for fiscal year ending Dec. 31, 2026
Broker non-votes on pay
20,525,045 shares
Advisory vote on executive compensation
Key Terms
broker non-votes, advisory vote, named executive officers, independent registered public accounting firm, +1 more
5 terms
broker non-votes financial
"The votes cast at the Annual Meeting were as follows ... Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory vote financial
"Proposal 2 — Advisory Vote to Approve Executive Compensation"
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
named executive officers financial
"The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers."
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
independent registered public accounting firm financial
"ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
quorum financial
"the Company held its 2026 Annual Meeting of Stockholders ... at which a quorum was present."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Remitly (RELY) stockholders decide at the 2026 annual meeting?
Remitly stockholders elected three directors, approved executive compensation on an advisory basis, and ratified PricewaterhouseCoopers LLP as auditor. All three management proposals received strong support, indicating broad backing for the company’s board, pay practices, and choice of independent registered public accounting firm.
Which directors were elected to Remitly (RELY)’s board in 2026?
Stockholders elected Bora Chung, Laurent Le Moal, and Nigel Morris to Remitly’s board, with terms expiring at the 2029 annual meeting. Each nominee received significantly more votes “for” than “withheld,” and there were broker non-votes recorded, which is typical when shares are held in street name.
What were the broker non-votes at Remitly (RELY)’s 2026 annual meeting?
Broker non-votes totaled 20,525,045 on the director elections and say-on-pay proposal. Broker non-votes arise when brokers do not receive voting instructions on non-routine items. They count toward quorum but are not treated as votes for or against these proposals.
AI-generated analysis. How Rhea-AI works. Not financial advice.
