Remitly director RSUs vest into 9,533 shares
Remitly Global, Inc. director Phillip John Riese reported the vesting of restricted stock units that converted into 9,533 shares of common stock.
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Rhea-AI Filing Summary
Remitly Global, Inc. director Phillip John Riese reported the vesting of restricted stock units that converted into 9,533 shares of common stock. This was an exercise of RSUs at a stated price of $0.00 per share, reflecting stock-based compensation rather than an open-market trade.
After this vesting, Riese directly holds 151,094 shares of common stock, which includes 19,065 unvested RSUs from prior awards and 132,029 already-issued shares. The vested RSUs come from a grant dated June 11, 2025, which vests in three equal annual installments beginning on June 10, 2026, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 9,533 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,533 | $0.00 | $0.00 |
Footnotes (5)
- F1. Reflects the vesting of restricted stock units (RSUs).
- F2. Each RSU represents a contingent right to receive on share of the Issuer's common stock upon settlement.
- F3. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 19,065 unvested RSUs previously reported in Table II and 132,029 shares of common stock.
- F4. The RSUs were granted on June 11, 2025, and vest in three equal annual installments beginning on June 10, 2026, subject to the reporting person's provision of service to the Issuer through the applicable date.
- F5. The total reported in Table 1, Column 5, includes 19,065 unvested RSUs remaining under this RSU award previously reported in Table II.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
vesting financial
contingent right financial
unvested RSUs financial
annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Remitly (RELY) director Phillip John Riese report in this Form 4?
What are Phillip John Riese’s Remitly (RELY) holdings after this RSU transaction?
How are Remitly (RELY) RSUs structured for Phillip John Riese in this award?
Does this Remitly (RELY) Form 4 show any stock sales by Phillip John Riese?
AI-generated analysis. How Rhea-AI works. Not financial advice.