[Form 4] Remitly Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) Form 4: Pankaj Sharma, Chief Business Officer, reported scheduled vesting of multiple restricted stock unit awards and related market sales on 08/25/2025. The filing shows vesting of 1,543, 2,923, and 31,248 RSUs, each representing one share on settlement. Concurrently, the report discloses open-market dispositions of 617, 1,168, and 12,478 common shares at a price of $19.05 per share. The document lists beneficial ownership figures following each transaction and is signed by an attorney-in-fact on 08/27/2025.

Positive

• RSUs vested as scheduled under disclosed vesting terms, indicating compensation plan functioning as intended

Negative

• Insider sales of 14,263 shares on 08/25/2025 at $19.05 per share, reducing direct holdings reported

Insights

Financial Analyst

TL;DR: Routine executive compensation vesting with partial sales; limited immediate market impact.

The filing documents scheduled vesting of several RSU tranches for the Chief Business Officer and contemporaneous open-market sales totaling 14,263 shares at $19.05 each. These transactions reflect common post-vesting liquidity rather than an unusual insider event. The reported beneficial ownership updates show incremental changes in direct holdings. No new grants, loans, or derivative exercises beyond the RSU settlements are disclosed.

Corporate Governance Expert

TL;DR: Disclosure aligns with standard Section 16 reporting; actions appear procedural.

The form specifies that RSUs vested according to pre-established schedules (quarterly and initial 1/4 or 1/12 vesting terms) and that each RSU converts to one share upon settlement. The partial sales at the reported price are consistent with executives monetizing vested awards. Filings are complete with signature by an authorized attorney-in-fact. There are no indications of unusual retention or acceleration provisions in this submission.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sharma Pankaj

(Last) (First) (Middle)

C/O REMITLY GLOBAL, INC.

401 UNION STREET, SUITE 1000

(Street)

SEATTLE WA 98101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Remitly Global, Inc. [ RELY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		M		1,543(1)	A	(2)	184,469	D
Common Stock	08/25/2025		F		617	D	$19.05	183,852	D
Common Stock	08/25/2025		M		2,923(1)	A	(2)	186,775	D
Common Stock	08/25/2025		F		1,168	D	$19.05	185,607	D
Common Stock	08/25/2025		M		31,248(1)	A	(2)	216,855	D
Common Stock	08/25/2025		F		12,478	D	$19.05	204,377	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (RSUs)	(2)	08/25/2025		M			1,543	(3)	(3)	Common Stock	1,543	$0	3,087	D
Restricted Stock Units (RSUs)	(2)	08/25/2025		M			2,923	(4)	(4)	Common Stock	2,923	$0	29,230	D
Restricted Stock Units (RSUs)	(2)	08/25/2025		M			31,248	(5)	(5)	Common Stock	31,248	$0	62,497	D

Explanation of Responses:

1. Reflects the vesting of RSUs.

2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.

3. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

4. The RSUs vested as to 1/12 of the total shares underlying the RSUs on May 25, 2025, and then 1/12 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

5. The RSUs vested as to 1/4 of the total shares on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

Remarks:

	/s/ Jered Fahey as attorney-in-fact	08/27/2025
	** Signature of Reporting Person	Date
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 4 (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.

FAQ

What did Remitly (RELY) Chief Business Officer Pankaj Sharma report on the Form 4?

The filing reports vesting of RSUs and related open-market sales on 08/25/2025, updating beneficial ownership following those transactions.

How many RSUs vested for Pankaj Sharma on 08/25/2025?

1,543, 2,923, and 31,248 RSUs are listed as vested on that date.

How many shares were sold and at what price?

The report shows dispositions of 617, 1,168, and 12,478 shares, totaling 14,263 shares, sold at $19.05 per share.

Did the Form 4 update beneficial ownership figures?

Yes. The filing provides updated direct beneficial ownership counts following each reported transaction for the reporting person.

When was the Form 4 signed and filed?

The form includes a signature by an attorney-in-fact dated 08/27/2025.