Remitly (RELY) Insider Vesting: 596 RSUs Settled, Director Holdings Now 45,480

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) Form 4: Director Ryno Blignaut reported transactions dated 08/25/2025 reflecting the vesting and settlement of restricted stock units. The filing shows 596 RSUs were treated in connection with vesting and resulted in the acquisition of securities on that date. Following the reported transaction(s), the reporting person beneficially owned 45,480 shares of common stock. The RSUs were originally granted on June 11, 2025 and vest in four equal installments each August 25, November 25, February 25, and May 25 after the grant date, with accelerated vesting provisions described for the 2026 annual meeting or June 11, 2026, subject to continued service.

Positive

• Director increased direct holdings to 45,480 shares, aligning interests with shareholders
• Clear disclosure of RSU grant and vesting schedule (grant date 06/11/2025; quarterly vesting; acceleration clause)

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider vesting increased the director's direct holdings without cash purchase; transaction appears non-material to valuation.

The Form 4 documents the standard vesting and settlement of 596 RSUs for Director Ryno Blignaut on 08/25/2025, increasing direct beneficial ownership to 45,480 shares. The RSU grant terms (06/11/2025) and scheduled quarterly vesting dates are disclosed, including an acceleration clause to fully vest by the earlier of the 2026 annual meeting or 06/11/2026 if service continues. This is a routine equity compensation event that aligns executive incentives with shareholder outcomes and does not indicate a market-moving change by itself.

Corporate Governance Expert

TL;DR: Governance disclosure is complete for the vesting event; timing and acceleration terms are clearly stated.

The filing properly identifies the reporting person as a director and discloses the nature of indirect beneficial ownership and the vesting schedule for the RSUs granted 06/11/2025. The presence of an acceleration mechanism tied to the 2026 annual meeting or a calendar date is explicitly reported. Documentation and signature by an attorney-in-fact are present, indicating procedural completeness under Section 16 reporting rules.

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
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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^*

Blignaut Ryno

(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)

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

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		596(1)	A	(2)	45,480	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			596	(3)	(3)	Common Stock	596	$0	1,787	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. The RSUs were granted on June 11, 2025, and 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 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, 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 did Remitly director Ryno Blignaut report on Form 4 (RELY)?

The Form 4 reports the vesting/settlement of 596 RSUs on 08/25/2025, resulting in direct beneficial ownership of 45,480 shares.

When were the RSUs granted and what is the vesting schedule?

The RSUs were granted on June 11, 2025 and vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date, with potential full acceleration by the earlier of the 2026 annual meeting or June 11, 2026 subject to continued service.

Does the Form 4 show any cash purchase price for the shares acquired?

No purchase price is reported; the derivative section shows the RSUs underlying 596 shares with a price of $0 on settlement.

What is the reporting person's relationship to Remitly?

The filer, Ryno Blignaut, is reported as a Director of Remitly Global, Inc.

When was the Form 4 signed and filed?

The signature block shows filing activity dated 08/27/2025 under attorney-in-fact Jered Fahey.