Remitly (NASDAQ: RELY) exec logs RSU vesting and tax share disposition

Rhea-AI Filing Summary

Remitly Global, Inc. executive Ankur Sinha, Chief Product and Tech Officer, reported equity compensation activity involving restricted stock units. On February 25, 2026, 66,581 RSUs vested and were converted into the same number of common shares at a stated price of $0.00 per share.

On the same date, 17,872 common shares were disposed of at $16.19 per share to cover tax obligations associated with the equity award, a tax-withholding disposition rather than an open-market sale. The vesting follows a schedule where one quarter of the RSUs vested on February 25, 2023, with one sixteenth vesting quarterly thereafter, contingent on continued service.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

Sinha Ankur

(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)
	Chief Product and Tech Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		M		66,581(1)	A	(2)	515,736	D
Common Stock	02/25/2026		F		17,872	D	$16.19	1,189,860(3)	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)	02/25/2026		M			66,581	(4)	(4)	Common Stock	66,581	$0	0	D

Explanation of Responses:

1. Reflects the vesting of restricted stock units (RSUs).

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

3. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 691,996 unvested RSUs previously reported in Table II and 497,864 shares of common stock.

4. The RSUs vested as to 1/4 of the total shares underlying the RSUs on February 25, 2023, and then 1/16 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/ Jeff Mason as attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
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FAQ

What did Remitly (RELY) executive Ankur Sinha report in this Form 4?

Ankur Sinha reported vesting of 66,581 restricted stock units that converted into common shares at $0.00 per share, plus a related tax-withholding share disposition. These transactions reflect scheduled equity compensation rather than an open-market stock purchase or sale.

How many Remitly (RELY) RSUs vested for Ankur Sinha and when?

A total of 66,581 restricted stock units vested for Ankur Sinha on February 25, 2026. Each RSU represents the right to receive one share of Remitly common stock upon settlement, consistent with the company’s long-term equity compensation structure.

What type of share disposition did Ankur Sinha report for Remitly (RELY)?

Ankur Sinha reported the disposition of 17,872 Remitly common shares at $16.19 per share as a tax-withholding transaction. This means shares were surrendered to satisfy tax liabilities from the RSU vesting, not sold in a discretionary open-market trade.

How do Ankur Sinha’s Remitly (RELY) RSUs convert into common stock?

Each restricted stock unit reported for Ankur Sinha represents a contingent right to receive one share of Remitly common stock upon settlement. When RSUs vest according to the award schedule, they convert into an equal number of common shares at no cash exercise price.

What is the vesting schedule of Ankur Sinha’s Remitly (RELY) RSUs?

The RSUs vested 25% of the total shares on February 25, 2023, with an additional 1/16 of the total vesting each quarter thereafter. Continued vesting is conditioned on Ankur Sinha’s ongoing service to Remitly on each applicable vesting date.