STOCK TITAN

Remitly (RELY) CLCAO sells 35,976 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. CLCAO Somalya Saema reported two open-market sales of Common Stock. On April 14, she sold 12,187 shares at $18.00 per share, followed by 23,789 shares at $18.11 per share on April 15, totaling 35,976 shares sold.

Both transactions were executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on March 12, 2025. After these sales, Saema directly holds 259,815 shares of Remitly Common Stock.

Positive

  • None.

Negative

  • None.
Insider Somalya Saema
Role CLCAO
Sold 35,976 shs ($650K)
Type Security Shares Price Value
Sale Common Stock 23,789 $18.11 $431K
Sale Common Stock 12,187 $18.00 $219K
Holdings After Transaction: Common Stock — 259,815 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold April 14 12,187 shares Open-market sale of Common Stock at $18.00 per share
Price per share April 14 $18.00/share Open-market sale of 12,187 shares of Common Stock
Shares sold April 15 23,789 shares Open-market sale of Common Stock at $18.11 per share
Price per share April 15 $18.11/share Open-market sale of 23,789 shares of Common Stock
Total shares sold 35,976 shares Combined sales across two open-market transactions
Shares held after transactions 259,815 shares Direct ownership of Remitly Common Stock following the sales
10b5-1 plan adoption date March 12, 2025 Date Somalya Saema adopted the Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
open-market sale financial
"transaction_action: open-market sale of Common Stock at stated prices"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock for the reported transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the reported transactions"
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.
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*
Somalya Saema

(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)
CLCAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
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 Stock04/14/2026S(1)12,187D$18283,604D
Common Stock04/15/2026S(1)23,789D$18.11259,815D
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 March 12, 2025.
Remarks:
/s/ Jeff Mason as attorney-in-fact04/15/2026
** 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)

FAQ

What insider transactions did Remitly (RELY) report for Somalya Saema?

Remitly CLCAO Somalya Saema reported two open-market sales of Common Stock totaling 35,976 shares. She sold 12,187 shares at $18.00 and 23,789 shares at $18.11, executed on April 14 and April 15, respectively, under a pre-set trading plan.

At what prices did Somalya Saema sell Remitly (RELY) shares?

Somalya Saema sold Remitly Common Stock at prices of $18.00 and $18.11 per share. The first trade covered 12,187 shares at $18.00, and the second involved 23,789 shares at $18.11, both categorized as open-market sales.

How many Remitly (RELY) shares does Somalya Saema hold after the sales?

After the reported transactions, Somalya Saema directly holds 259,815 shares of Remitly Common Stock. This figure reflects her position following the combined sale of 35,976 shares across two open-market trades disclosed in the Form 4 filing.

Were Somalya Saema’s Remitly (RELY) stock sales under a Rule 10b5-1 plan?

Yes. The filing states that the transactions were effected automatically under a Rule 10b5-1 trading plan adopted by Somalya Saema on March 12, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary timing decisions.

What role does Somalya Saema hold at Remitly (RELY)?

Somalya Saema is identified as an officer of Remitly Global, Inc., with the title CLCAO. The Form 4 shows her as the reporting person for the disclosed open-market sales of Common Stock executed in mid-April and her resulting direct share ownership.