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Remitly Form 4: Officer Somalya Saema disposes 4,479 RELY shares via 10b5-1

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

Rhea-AI Filing Summary

Somalya Saema, an officer of Remitly Global, Inc. (RELY) with title listed as CLCAO, reported an automatic sale of company common stock under a Rule 10b5-1 trading plan. On 08/28/2025 the reporting person disposed of 4,479 shares at $18.40 per share. After the transaction the report shows beneficial ownership of 54,677 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/02/2025. The filing explicitly states the sale was effected automatically pursuant to a pre-established 10b5-1 plan, indicating the trade followed a documented plan rather than an ad hoc decision.

Positive

  • Transaction executed under a Rule 10b5-1 plan, indicating it followed a pre-established written trading program
  • Form 4 filed and signed (attorney-in-fact signature present), demonstrating regulatory disclosure compliance

Negative

  • Officer disposed of 4,479 shares, reducing direct beneficial ownership from prior levels to 54,677 shares
  • Sale at $18.40 represents insider liquidity which some investors may view negatively absent additional context

Insights

TL;DR: Officer sale under a 10b5-1 plan reduced direct holdings but appears routine and compliant.

The Form 4 documents a sale of 4,479 shares at $18.40 on 08/28/2025, leaving 54,677 shares beneficially owned. Because the filing specifies the transaction was executed under a Rule 10b5-1 trading plan, the sale is likely pre-scheduled and not a spontaneous insider trade. For investors, this is a disclosure of insider liquidity rather than a corporate operational development. The absolute size of the sale relative to total holdings is modest based on the numbers reported here.

TL;DR: The filing shows procedural compliance with insider trading rules via a 10b5-1 plan.

The report names the reporting person and their relationship to the issuer (Officer, title CLCAO) and documents the sale executed under a documented 10b5-1 plan. The inclusion of an attorney-in-fact signature and explicit Rule 10b5-1 remark supports governance and disclosure controls. This is a standard governance disclosure; it raises no immediate red flags in isolation but is useful for record-keeping and transparency.

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).
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*
Somalya Saema

(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)
CLCAO
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
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 08/28/2025 S(1) 4,479 D $18.4 54,677 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
Explanation of Responses:
1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Remarks:
/s/ Jeff Mason as attorney-in-fact 09/02/2025
** 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 Somalya Saema file on Form 4 for RELY?

The Form 4 reports an automatic sale of 4,479 shares of Remitly common stock on 08/28/2025 under a Rule 10b5-1 plan.

At what price were the RELY shares sold?

The shares were reported sold at a price of $18.40 per share.

How many RELY shares does the reporting person own after the sale?

The Form 4 shows 54,677 shares beneficially owned following the reported transaction.

Was the sale part of a pre-established trading plan?

Yes. The filing states the transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

Who signed the Form 4?

The filing was signed on behalf of the reporting person by Jeff Mason as attorney-in-fact on 09/02/2025.
Remitly Global, Inc.

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