STOCK TITAN

Remitly (RELY) product and tech chief sells 50,000 shares in open-market trade

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

Rhea-AI Filing Summary

Remitly Global, Inc. Chief Product and Tech Officer Ankur Sinha reported an open-market sale of 50,000 shares of common stock at a weighted average price of $23.42 per share. After this transaction, Sinha directly holds 1,255,566 shares of Remitly common stock.

Positive

  • None.

Negative

  • None.
Insider Sinha Ankur
Role Chief Product and Tech Officer
Sold 50,000 shs ($1.17M)
Type Security Shares Price Value
Sale Common Stock 50,000 $23.42 $1.17M
Holdings After Transaction: Common Stock — 1,255,566 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 50,000 shares Open-market sale of common stock on May 14, 2026
Weighted average sale price $23.42 per share Price for 50,000 Remitly common shares sold
Sale price range $23.27–$23.61 per share Range of prices across multiple executions
Shares owned after transaction 1,255,566 shares Direct holdings of Ankur Sinha following sale
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.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"transaction_code_description: "Sale in open market or private transaction""
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).
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*
Sinha Ankur

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product and Tech Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
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 Stock05/14/2026S50,000D$23.42(1)1,255,566D
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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.27 to $23.61 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.
Remarks:
/s/ Jeff Mason as attorney-in-fact05/15/2026
** 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)

FAQ

What insider transaction did Ankur Sinha report for Remitly (RELY)?

Ankur Sinha reported an open-market sale of 50,000 shares of Remitly common stock. The shares were sold on May 14, 2026, at a weighted average price of $23.42 per share, according to the Form 4 filing.

At what prices were the Remitly (RELY) shares sold in Ankur Sinha’s Form 4?

The reported 50,000 Remitly shares were sold at prices ranging from $23.27 to $23.61 per share. The weighted average sale price disclosed was $23.42 per share, with detailed trade breakdowns available upon request from the reporting person.

How many Remitly (RELY) shares does Ankur Sinha own after this sale?

After the reported sale, Ankur Sinha directly owns 1,255,566 shares of Remitly common stock. This post-transaction holding figure comes directly from the Form 4 and reflects his remaining direct ownership position.

Was Ankur Sinha’s Remitly (RELY) transaction an open-market sale?

Yes. The Form 4 classifies the transaction as an open-market sale of common stock. The transaction code is “S,” and the description states it is a sale in an open market or private transaction, confirming it was a standard disposition.

Does the Form 4 for Remitly (RELY) mention multiple trade executions?

Yes. The filing notes the 50,000 shares were sold in multiple transactions at prices between $23.27 and $23.61. The footnote states the reporting person will provide detailed trade information for each price level upon request.