Remitly (RELY) CFO logs RSU vesting, tax share disposal in Form 4

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Remitly Global, Inc.’s Chief Financial Officer, Vikas D. Mehta, reported equity award activity involving restricted stock units (RSUs) and common stock. On February 25, 2026, 32,812 RSUs were converted into 32,812 shares of common stock at no cash cost to him, reflecting scheduled RSU vesting.

On the same date, 8,181 shares of common stock were disposed of at $16.19 per share to cover tax withholding obligations, rather than an open-market sale. After these transactions, he directly held 133,332 shares of common stock, and the footnotes indicate a substantial balance of unvested RSUs continuing to vest over a multi-year schedule.

Insider Trade Summary

32,812 shares exercised/converted

Mixed 3 txns

Insider Mehta Vikas D

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSUs)	32,812	$0.00	--
Exercise	Common Stock	32,812	$0.00	--
Tax Withholding	Common Stock	8,181	$16.19	$132K

Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct); Common Stock — 133,332 shares (Direct)

Footnotes (1)

Reflects the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 761,567 unvested RSUs previously reported in Table II and 125,151 shares of common stock, which includes 1,041 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan. The RSUs vested as to 15% of the total shares underlying the RSUs on August 25, 2025, and then 3.75% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.75% of the total shares vest on each of the eight quarterly vesting dates thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date. The total reported in Table I, Column 5, includes 678,125 unvested RSUs remaining under this RSU award previously reported in Table II.

Form 4 Insider Transactions: What Each Field Means →

02/27/2026 - 04:31 PM

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^*

Mehta Vikas D

(Last)

(First)

(Middle)

C/O REMITLY GLOBAL, INC.

401 UNION STREET, SUITE 1000

(Street)

SEATTLE

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 Financial 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/25/2026		M		32,812⁽¹⁾	A	⁽²⁾	133,332	D
Common Stock	02/25/2026		F		8,181	D	$16.19	887,759⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	⁽²⁾	02/25/2026		M			32,812	⁽⁴⁾	⁽⁴⁾	Common Stock	32,812	$0	0⁽⁵⁾	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 761,567 unvested RSUs previously reported in Table II and 125,151 shares of common stock, which includes 1,041 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan.

4. The RSUs vested as to 15% of the total shares underlying the RSUs on August 25, 2025, and then 3.75% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.75% of the total shares vest on each of the eight quarterly vesting dates thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

5. The total reported in Table I, Column 5, includes 678,125 unvested RSUs remaining under this RSU award previously reported in Table II.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	02/27/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Remitly (RELY) CFO Vikas Mehta report in this Form 4?

He reported RSU vesting and related share movements, not an open-market trade. 32,812 RSUs converted into 32,812 common shares, and some shares were withheld to cover taxes tied to this equity compensation event.

How many Remitly (RELY) RSUs vested and converted to shares?

A total of 32,812 restricted stock units vested and converted into 32,812 shares of Remitly common stock. The conversion occurred at no cash cost to the CFO, reflecting the scheduled settlement of previously granted equity awards.

Why were 8,181 Remitly (RELY) shares disposed of by the CFO?

The 8,181 shares were disposed of to satisfy tax withholding obligations at a price of $16.19 per share. This tax-withholding disposition is tied to the RSU vesting and is different from a discretionary open-market sale of stock.

How many Remitly (RELY) shares does the CFO hold after these transactions?

Following the reported transactions, the CFO directly held 133,332 shares of Remitly common stock. Footnotes also indicate a significant number of unvested RSUs remain outstanding, which may convert into additional shares as they vest over time.

What do the footnotes say about Remitly (RELY) CFO’s unvested RSUs?

The footnotes state that the Table I total includes large blocks of unvested RSUs, including 761,567 previously reported and 678,125 remaining under one RSU award, along with 125,151 common shares, some acquired through the 2021 Employee Stock Purchase Plan.

How is the vesting schedule structured for these Remitly (RELY) RSUs?

The RSUs vested 15% of the total on August 25, 2025, then 3.75% on each of four quarterly dates, followed by 8.75% on each of eight quarterly dates, all contingent on continued service with Remitly on each vesting date.