Remitly (RELY) director Laurent Le Moal receives new RSU grants
Rhea-AI Filing Summary
Le Moal Laurent reported acquisition or exercise transactions in this Form 4 filing.
Remitly Global, Inc. director Laurent Le Moal received two stock awards in the form of restricted stock units (RSUs). On June 10, 2026, he was granted 30,556 RSUs at no cash cost and a separate grant of 2,943 RSUs, each convertible into one share of common stock upon settlement.
The 30,556 RSUs vest in four equal installments on each August 25, November 25, February 25, and May 25 after the grant date, and will fully vest no later than the earlier of the next annual stockholder meeting or June 10, 2027, subject to continued service. The 2,943 RSUs vest in three equal annual installments beginning on the earlier of the next annual stockholder meeting or June 10, 2027, also contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,943 | $0.00 | -- |
| Grant/Award | Common Stock | 30,556 | $0.00 | -- |
Footnotes (1)
- Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs will vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders and (ii) June 10, 2027, in each case, subject to the reporting person's provision of applicable service to the Issuer through the applicable date. Represents a grant of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs will vest in three equal annual installments beginning on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders and (ii) June 10, 2027, in each case, subject to the reporting person's provision of service to the Issuer through the applicable date.