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Remitly (NASDAQ: RELY) holders approve directors, pay plan and PwC

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.

Positive

  • None.

Negative

  • None.
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.
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
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.
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0001782170FALSE00017821702026-06-102026-06-10

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 10, 2026
 
Remitly Global, Inc.
(Exact name of Registrant as specified in its charter)
 
Delaware
001-40822
83-2301143
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
401 Union Street, Suite 1000
Seattle, WA 98101
(Address of principal executive offices, including zip code)
(888) 736-4859
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001 per share
RELY
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 



Item 5.07    Submission of Matters to a Vote of Security Holders.
On June 10, 2026, Remitly Global, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”), at which a quorum was present. At the Annual Meeting, the stockholders of the Company voted on the following three proposals:
Proposal 1 — Election of Directors
The following nominees were elected to the Company’s Board of Directors to hold office for terms to expire upon the annual stockholders’ meeting to be held in 2029 or until their successors are elected and qualified, or until their earlier death, resignation, or removal. The votes cast at the Annual Meeting were as follows:
Nominee
For
Withheld
Broker Non-Votes
Bora Chung134,764,9205,577,16220,525,045
Laurent Le Moal
135,211,9235,130,15920,525,045
Nigel Morris
96,695,64243,646,44020,525,045
Proposal 2 — Advisory Vote to Approve Executive Compensation
The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers.
ForAgainst
Abstain
Broker Non-Votes
135,017,1115,226,47898,49320,525,045
Proposal 3 — Ratification of Appointment of Independent Registered Public Accounting Firm
The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, was approved based upon the following votes:
For
Against
Abstain
153,679,0877,056,245131,795




SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Remitly Global, Inc.
Date: June 11, 2026
By:
/s/ Cameron Cohen
Cameron Cohen
Executive Vice President, General Counsel, and Secretary

FAQ

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.

How did Remitly (RELY) shareholders vote on executive compensation?

Shareholders approved Remitly’s named executive officer compensation on an advisory basis, with 135,017,111 votes for, 5,226,478 against, and 98,493 abstentions. Broker non-votes totaled 20,525,045, but these do not count against approval, so the say-on-pay resolution passed comfortably.

Which audit firm did Remitly (RELY) shareholders ratify for 2026?

Remitly shareholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote totaled 153,679,087 for, 7,056,245 against, and 131,795 abstentions, reflecting strong but not unanimous support for retaining PwC as auditor.

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.

Filing Exhibits & Attachments

3 documents