Remitly director granted new RSU awards
Le Moal Laurent reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
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.
Insider Trade Summary
Grant/Award: 33,499 shares
Grant/Award
2 txns
Insider
Le Moal Laurent
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,943 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 30,556 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 92,151 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
RSU grant 1 size: 30,556 RSUs
RSU grant 2 size: 2,943 RSUs
Transaction code: Code A (grant/award acquisition)
+3 more
6 metrics
RSU grant 1 size
30,556 RSUs
Grant of restricted stock units on June 10, 2026
RSU grant 2 size
2,943 RSUs
Additional RSU grant on June 10, 2026
Transaction code
Code A (grant/award acquisition)
Indicates non-market stock-based compensation awards
Final vest-by date (grant 1)
June 10, 2027
Unvested RSUs vest by this date, subject to service
Vesting structure (grant 1)
Four equal installments
August 25, November 25, February 25, May 25 after grant
Vesting structure (grant 2)
Three equal annual installments
Beginning on earlier of next annual meeting or June 10, 2027
Key Terms
restricted stock units (RSUs), contingent right, annual meeting of the Issuer's stockholders, vesting, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock"
annual meeting of the Issuer's stockholders financial
"the earlier of (i) the date of the next annual meeting of the Issuer's stockholders and (ii) June 10, 2027"
vesting financial
"The RSUs will vest in four equal installments on each August 25, November 25, February 25, and May 25"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"This Form 4 reports two stock-based compensation awards coded as “A”"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Remitly (RELY) disclose for Laurent Le Moal?
Remitly disclosed that director Laurent Le Moal received two grants of restricted stock units (RSUs) on June 10, 2026. One award covers 30,556 RSUs, and a second covers 2,943 RSUs, each representing the right to receive one share of common stock upon vesting.
How many RSUs were granted to Remitly (RELY) director Laurent Le Moal?
Laurent Le Moal was granted 30,556 RSUs in one award and 2,943 RSUs in a separate award. Each RSU is a right to receive one share of Remitly common stock, subject to the vesting schedules and continued service conditions described in the Form 4 footnotes.
What are the vesting terms for Laurent Le Moal’s 30,556 RSU grant at Remitly (RELY)?
The 30,556 RSUs vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant date. Any unvested units will fully vest by the earlier of the next annual stockholder meeting or June 10, 2027, if service continues.
How will the 2,943 RSUs granted to Remitly (RELY) director Laurent Le Moal vest?
The 2,943 RSUs will vest in three equal annual installments. Vesting begins on the earlier of the next Remitly annual stockholder meeting or June 10, 2027, provided Laurent Le Moal continues to provide service to the company through each applicable vesting date.
What does each RSU granted to Remitly (RELY) director Laurent Le Moal represent?
Each RSU represents a contingent right to receive one share of Remitly common stock upon settlement. Delivery of shares depends on the RSUs vesting as scheduled and Laurent Le Moal continuing to provide service to Remitly through the required vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
