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

Remitly (RELY) director Joshua Hug sells 34,383 shares in planned trade

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported an open-market sale of 34,383 shares of common stock on May 11, 2026 at a weighted average price of $24.89 per share. The sale was executed automatically under a Rule 10b5-1 trading plan. Following the sale, he holds 3,482,320 shares directly and 300,000 shares indirectly through a family trust.

Positive

  • None.

Negative

  • None.
Insider Hug Joshua
Role null
Sold 34,383 shs ($856K)
Type Security Shares Price Value
Sale Common Stock 34,383 $24.89 $856K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,482,320 shares (Direct, null); Common Stock — 300,000 shares (Indirect, By Trust)
Footnotes (1)
  1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.89 to $24.91 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Shares sold 34,383 shares Open-market sale on May 11, 2026
Sale price $24.89 per share Weighted average price for reported sale
Direct holdings after sale 3,482,320 shares Common stock directly owned after transaction
Indirect trust holdings 300,000 shares Held by family trust with spouse as trustee
Rule 10b5-1 trading plan regulatory
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.89 to $24.91 inclusive"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
family trust financial
"The securities are held by a family trust, of which the reporting person's spouse is the trustee"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
X
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*
Hug Joshua
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/11/2026S(1)34,383D$24.89(2)3,482,320D
Common Stock300,000IBy Trust(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.89 to $24.91 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
3. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Remarks:
/s/ Jeff Mason as attorney-in-fact05/13/2026
** 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 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 insider transaction did Joshua Hug report for Remitly (RELY)?

Joshua Hug reported selling 34,383 shares of Remitly common stock. The sale occurred on May 11, 2026 at a weighted average price of $24.89 per share, as part of a pre-arranged Rule 10b5-1 trading plan.

At what price were Joshua Hug’s Remitly (RELY) shares sold?

The reported weighted average sale price was $24.89 per share. Footnotes note the shares were sold in multiple trades between $24.89 and $24.91 inclusive, with full trade details available on request from the company or regulators.

How many Remitly (RELY) shares does Joshua Hug hold after this Form 4?

After the reported sale, Joshua Hug directly holds 3,482,320 Remitly common shares. He also has an additional 300,000 shares held indirectly through a family trust, where his spouse serves as trustee, reflecting both direct and indirect ownership.

Was Joshua Hug’s Remitly (RELY) stock sale under a Rule 10b5-1 plan?

Yes, the filing states the sale was effected automatically under a Rule 10b5-1 trading plan. That plan was adopted on December 11, 2025, indicating the transactions were pre-scheduled rather than opportunistic discretionary trades in the open market.

What does the family trust holding mean in Joshua Hug’s Remitly (RELY) filing?

The filing shows 300,000 Remitly shares held indirectly by a family trust. A footnote explains the securities are held by a family trust for which Hug’s spouse is the trustee, distinguishing these indirect holdings from his directly held shares.