Remitly (RELY) director Riese gains 9,533 shares from RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

9,533 shares exercised/converted

Mixed 2 txns

Insider Riese Phillip John

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSUs)	9,533	$0.00	--
Exercise	Common Stock	9,533	$0.00	--

Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct, null); Common Stock — 151,094 shares (Direct, null)

Footnotes (1)

Reflects the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive on share of the Issuer's common stock upon settlement. 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. 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. 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

RSUs vested: 9,533 shares Shares after transaction: 151,094 shares Unvested RSUs remaining: 19,065 RSUs +3 more

6 metrics

RSUs vested 9,533 shares Restricted Stock Units converted into common stock on June 10, 2026

Shares after transaction 151,094 shares Total Remitly common stock directly held by Riese after vesting

Unvested RSUs remaining 19,065 RSUs Unvested restricted stock units included in total reported holdings

Issued common shares held 132,029 shares Already-issued Remitly common stock held directly, excluding unvested RSUs

RSU grant date June 11, 2025 Grant date of RSUs that vest over three annual installments

Vesting start date June 10, 2026 First of three equal annual RSU vesting dates, subject to service

Key Terms

Restricted Stock Units (RSUs), vesting, contingent right, unvested RSUs, +1 more

5 terms

Restricted Stock Units (RSUs) financial

"Reflects the vesting of restricted stock units (RSUs)."

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.

vesting financial

"Reflects the vesting of restricted stock units (RSUs)."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

contingent right financial

"Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement."

unvested RSUs financial

"includes 19,065 unvested RSUs previously reported in Table II and 132,029 shares of common stock."

annual installments financial

"The RSUs were granted on June 11, 2025, and vest in three equal annual installments beginning on June 10, 2026."

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Form 4 Insider Transactions: What Each Field Means →

06/11/2026 - 04:25 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Riese Phillip John

(Last)

(First)

(Middle)

C/O REMITLY GLOBAL, INC.

401 UNION STREET, SUITE 1000

(Street)

SEATTLE

WASHINGTON

98101

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		M		9,533⁽¹⁾	A	⁽²⁾	151,094⁽³⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	⁽²⁾	06/10/2026		M			9,533	⁽⁴⁾	⁽⁴⁾	Common Stock	9,533	$0	0⁽⁵⁾	D

Explanation of Responses:

1. Reflects the vesting of restricted stock units (RSUs).

2. Each RSU represents a contingent right to receive on share of the Issuer's common stock upon settlement.

3. 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.

4. 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.

5. The total reported in Table 1, Column 5, includes 19,065 unvested RSUs remaining under this RSU award previously reported in Table II.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	06/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Remitly (RELY) director Phillip John Riese report in this Form 4?

Phillip John Riese reported vesting of restricted stock units converting into 9,533 Remitly common shares. The transaction reflects stock-based compensation vesting, not an open-market purchase or sale, and increases his directly held common stock while reducing his RSU balance by the same amount.

How many Remitly (RELY) shares did Phillip John Riese receive from RSU vesting?

He received 9,533 shares of Remitly common stock upon vesting of restricted stock units. Each RSU represented a contingent right to one common share, and the vesting converted those units into directly held shares at a stated price of $0.00 per share.

What are Phillip John Riese’s Remitly (RELY) holdings after this RSU transaction?

After the transaction, Phillip John Riese holds 151,094 Remitly common shares directly. That total consists of 132,029 already-issued shares plus 19,065 unvested RSUs remaining from prior awards, as disclosed in the Form 4’s ownership footnote details.

How are Remitly (RELY) RSUs structured for Phillip John Riese in this award?

The RSUs were granted on June 11, 2025 and vest in three equal annual installments starting June 10, 2026. Each unit is a contingent right to receive one Remitly common share upon settlement, subject to his continued service through each applicable vesting date.

Does this Remitly (RELY) Form 4 show any stock sales by Phillip John Riese?

The Form 4 shows RSU vesting and conversion into 9,533 common shares, but no open-market sales. The transaction is coded as an exercise or conversion of derivative securities, indicating compensation-related vesting rather than a discretionary buy or sell in the market.