STOCK TITAN

Remitly (NASDAQ: RELY) director sells 29,049 shares under 10b5-1 plan

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 29,049 shares of common stock at $17.98 per share on March 4, 2026, executed under a Rule 10b5-1 trading plan adopted on December 5, 2024. After the sale, he directly held 3,575,733 shares, and 300,000 additional shares were held indirectly through a family trust for which his spouse is trustee.

Positive

  • None.

Negative

  • None.
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*
Hug Joshua

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 S(1) 29,049 D $17.98 3,575,733 D
Common Stock 300,000 I By Trust(2)
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 on December 5, 2024.
2. 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-fact 03/05/2026
** 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.

FAQ

What insider transaction did Joshua Hug report for Remitly (RELY)?

Joshua Hug reported an open-market sale of 29,049 Remitly common shares. The sale was executed at $17.98 per share and is disclosed as a non-derivative transaction in the Form 4 insider trading report.

When did the Remitly (RELY) director’s 29,049-share sale occur?

The 29,049-share sale by Remitly director Joshua Hug occurred on March 4, 2026. This date is listed as the transaction date for the open-market sale of common stock in the Form 4 filing.

At what price were the Remitly (RELY) shares sold in the Form 4 filing?

The reported Remitly shares were sold at $17.98 per share. This price applies to the 29,049 common shares disposed of in the open-market sale disclosed in the insider trading report.

How many Remitly (RELY) shares does Joshua Hug hold after the transaction?

After the transaction, Joshua Hug directly held 3,575,733 Remitly common shares. The Form 4 also reports an additional 300,000 shares held indirectly through a family trust for which his spouse serves as trustee.

Was the Remitly (RELY) insider sale under a Rule 10b5-1 plan?

Yes. The Form 4 states the transaction was effected automatically under a Rule 10b5-1 trading plan. The plan was adopted by Joshua Hug on December 5, 2024, before the March 4, 2026 sale.

How are the family trust shares in Remitly (RELY) held for Joshua Hug?

The filing reports 300,000 Remitly shares held indirectly by a family trust. According to the footnote, the reporting person’s spouse is the trustee of this family trust holding the securities.
Remitly Global, Inc.

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3.37B
194.03M
Software - Infrastructure
Services-business Services, Nec
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United States
SEATTLE