STOCK TITAN

Remitly (RELY) CAO discloses 177,936 shares and staged RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Remitly Global, Inc. executive Fung Tai-Hong, the Chief Accounting Officer, has filed an initial ownership report showing beneficial ownership of 177,936 shares of common stock, held directly.

The filing also notes a grant of restricted stock units made on March 12, 2026. These RSUs each represent a contingent right to receive one share of common stock upon settlement. They vest as to 15% of the total underlying shares on February 25, 2027, then 3.75% on each of the next four quarterly vesting dates, and 8.75% quarterly thereafter, subject to continued service.

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Insider Fung Tai-Hong
Role Chief Accounting Officer
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 177,936 shares (Direct)
Footnotes (1)
  1. [object Object]
Common stock holdings 177,936 shares Total shares beneficially owned following report
Initial RSU vesting 15% of RSUs Vests on February 25, 2027
Subsequent RSU vesting tranche 3.75% of RSUs On each of the next four quarterly vesting dates
Later RSU vesting rate 8.75% of RSUs Vests quarterly thereafter, subject to continued service
RSU grant date March 12, 2026 Grant date for restricted stock units
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) granted on March 12, 2026, each of which represents a contingent right"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"each of which represents a contingent right to receive one share of the Issuer's common stock upon settlement"
vest financial
"The RSUs vest as to 15% of the total shares underlying the RSUs on February 25, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
quarterly vesting dates financial
"3.75% of the total shares vest on each of the four quarterly vesting dates thereafter"
provision of service financial
"subject to the reporting person's provision of service to the Issuer on each vesting date"
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
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1. Name and Address of Reporting Person*
Fung Tai-Hong

(Last)(First)(Middle)
C/O 401 UNION STREET
SUITE 1000

(Street)
SEATTLE WASHINGTON 98101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026
3. Issuer Name and Ticker or Trading Symbol
Remitly Global, Inc. [ RELY ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock177,936(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units (RSUs) granted on March 12, 2026, each of which represents a contingent right to receive one share of the Issuer's common stock upon settlement. The RSUs vest as to 15% of the total shares underlying the RSUs on February 25, 2027, 3.75% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.75% of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.
Remarks:
Exhibit List - Exhibit 24 - Power of Attorney
/s/ Jeff Mason as attorney-in-fact04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 filing by Fung Tai-Hong at Remitly (RELY) show?

The Form 3 shows Chief Accounting Officer Fung Tai-Hong beneficially owns 177,936 shares of Remitly common stock. It also discloses a grant of restricted stock units that vest over time, contingent on continued service with the company.

How many Remitly (RELY) shares does Fung Tai-Hong report owning?

Fung Tai-Hong reports beneficial ownership of 177,936 shares of Remitly common stock. These shares are held directly and form the baseline equity position disclosed in this initial statement of beneficial ownership on Form 3.

What restricted stock unit (RSU) grant is disclosed for Remitly (RELY) CAO Fung Tai-Hong?

The filing discloses RSUs granted on March 12, 2026, each representing a contingent right to one Remitly share. Vesting depends on continued service and occurs in stages beginning in February 2027 and continuing quarterly thereafter.

When do Fung Tai-Hong’s Remitly (RELY) RSUs begin vesting?

Vesting for the RSUs begins on February 25, 2027, when 15% of the total underlying shares vest. Additional portions then vest quarterly, provided Fung Tai-Hong continues to provide service to Remitly on each vesting date.

How do Fung Tai-Hong’s Remitly (RELY) RSUs vest over time?

After 15% of the RSUs vest on February 25, 2027, another 3.75% vests on each of the next four quarterly vesting dates. The remaining shares then vest at 8.75% per quarter, subject to continued service with Remitly.