Remitly (RELY) Officer Reports 21,722 RSUs Vesting; Rule 10b5-1 Sales Executed

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) reporting person Somalya Saema, listed as an officer (CLCAO), had RSUs vest and executed related transactions on 08/25/2025. A total of 21,722 restricted stock units vested, representing the contingent right to receive one share per RSU, increasing beneficial ownership via settlement to 73,452 shares.

On the same date, 8,548 shares were sold under a Rule 10b5-1 trading plan at a weighted average price of $19.05, and an additional 5,748 shares were sold at a weighted average price of $18.83 across multiple transactions. The filing notes the RSU vesting schedule and that the sales pursuant to the plan were automatic.

Positive

• RSU vesting disclosed transparently with the number of units (21,722) and conversion terms (one share per RSU)
• Sales executed under a Rule 10b5-1 trading plan, indicating pre-planned, automatic transactions rather than ad-hoc insider trades
• Weighted average sale prices disclosed ($19.05 and $18.83) and offer to provide per-trade breakdowns on request

Negative

• Insider sold a portion of holdings (8,548 and 5,748 shares), which reduces their immediate share position
• Filing does not specify exact per-trade quantities at each price within the $18.72–$19.00 sale range without requesting further detail

Insights

Securities Analyst

TL;DR Insider vested RSUs and executed planned sales under a 10b5-1 plan; ownership remains substantial but some shares were monetized.

Somalya Saema, an officer at Remitly, realized liquidity through sales executed automatically under a pre-established Rule 10b5-1 plan on 08/25/2025. The filing shows routine compensation vesting (21,722 RSUs) and market sales (8,548 and 5,748 shares) at weighted prices of $19.05 and $18.83 respectively. This is a commonly used structure to avoid trading-window timing issues and does not by itself indicate a change in company outlook. Beneficial ownership after these transactions is reported at 73,452 shares.

Corporate Governance Specialist

TL;DR Disclosure is standard: RSU vesting and Rule 10b5-1 sales were properly reported and include required price-range details.

The Form 4 provides the necessary mechanics: vesting of equity-based compensation, conversion terms (one share per RSU), and that sales were effected pursuant to a written 10b5-1 plan. The filer discloses weighted average sale prices and offers to provide detailed per-trade pricing on request, which aligns with good disclosure practice. No amendments or anomalies are indicated in the filing.

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^*

Somalya Saema

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CLCAO

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025		M		21,722(1)	A	(2)	73,452	D
Common Stock	08/25/2025		F		8,548	D	$19.05	64,904	D
Common Stock	08/25/2025		S(3)		5,748	D	$18.83(4)	59,156	D

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
Restricted Stock Units (RSUs)	(2)	08/25/2025		M			21,722	(5)	(5)	Common Stock	21,722	$0	43,443	D

Explanation of Responses:

1. Reflects the vesting of RSUs.

2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.

3. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $18.72 to $19.00 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.

5. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

Remarks:

	/s/ Jered Fahey as attorney-in-fact	08/27/2025
	** 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 transactions did Somalya Saema report for RELY on 08/25/2025?

Saema reported RSU vesting of 21,722 units and sales of 8,548 and 5,748 shares, executed on 08/25/2025; sales were under a Rule 10b5-1 plan.

How many shares does Somalya Saema beneficially own after the reported transactions?

73,452 shares are reported as beneficially owned following the transactions.

Were the sales executed under a prearranged plan for RELY insider trades?

Yes; one sale was effected automatically pursuant to a Rule 10b5-1 trading plan, as disclosed in the Form 4.

At what prices were the RELY shares sold in these transactions?

Weighted average prices were $19.05 and $18.83; the filing states sales occurred at prices ranging $18.72–$19.00 and offers to provide per-trade breakdowns on request.

What caused the increase in reported beneficial ownership for RELY?

Vesting of 21,722 RSUs, where each RSU converts to one share upon settlement, increased reported beneficial ownership.