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Remitly CBO sells 21,000 shares at $26.39 avg

Remitly Global, Inc. (RELY) reported that Chief Business Officer Pankaj Sharma sold 21,000 shares of common stock on 2026-08-28.

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(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) reported that Chief Business Officer Pankaj Sharma sold 21,000 shares of common stock on 2026-08-28. The shares were sold at a weighted average price of $26.39 per share in multiple trades between $25.63 and $26.78. After this transaction, Sharma held 716,022 shares of Remitly common stock. The sale was effected automatically pursuant to a Rule 10b5-1 trading plan adopted on 2025-11-18.

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Insights

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Insider Sharma Pankaj
Role Chief Business Officer
Sold 21,000 shs ($554K)
Type Security Shares Price Value
Sale Common Stock F1, F2 21,000 $26.39 $554K
Holdings After Transaction: Common Stock — 716,022 shares (Direct)
Footnotes (2)
  1. F1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
  2. F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.63 to $26.78 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.
Shares sold 21,000 shares of Common Stock Sale reported for 2026-08-28
Weighted average sale price $26.39 per share Common Stock sale on 2026-08-28
Sale price range $25.63 to $26.78 per share Multiple transactions included in the 21,000-share sale
Shares owned after transaction 716,022 shares Direct ownership of Pankaj Sharma after the sale
Rule 10b5-1 plan adoption date 2025-11-18 Trading plan under which the sale was automatically effected
Rule 10b5-1 trading plan regulatory
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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
"as stated in the Form 4 filing"
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

What insider transaction did RELY report for Pankaj Sharma?

Remitly Global, Inc. reported that Chief Business Officer Pankaj Sharma sold 21,000 shares of common stock on 2026-08-28 at a weighted average price of $26.39 per share in open-market or private transactions.

How many RELY shares does Pankaj Sharma hold after this sale?

After the reported sale, Chief Business Officer Pankaj Sharma held 716,022 shares of Remitly Global, Inc. common stock, as stated in the Form 4 filing.

What was the price range for the 21,000 RELY shares sold?

The 21,000 Remitly Global, Inc. shares were sold at a weighted average price of $26.39 per share, in multiple transactions at prices ranging from $25.63 to $26.78 inclusive.

Was Pankaj Sharma’s RELY share sale under a Rule 10b5-1 plan?

Yes. The Form 4 notes the transaction was effected automatically under a Rule 10b5-1 trading plan adopted by Pankaj Sharma on 2025-11-18.

How many RELY shares were sold in this Form 4 transaction?

Chief Business Officer Pankaj Sharma sold 21,000 shares of Remitly Global, Inc. common stock in the reported transaction on 2026-08-28.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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).
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*
Sharma Pankaj

(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 Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026
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 Stock08/28/2026S(1)21,000D$26.39(2)716,022D
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. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.63 to $26.78 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-fact08/31/2026
** 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)