Remitly (NASDAQ: RELY) CEO has 22,851 shares withheld for RSU taxes

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Remitly Global, Inc. Chief Executive Officer Sebastian J. Gunningham reported a routine tax-related share disposition. On the vesting of restricted stock units, 22,851 shares of common stock were withheld to satisfy tax withholding obligations at a value of $21.58 per share. Following this non-market transaction, he continues to hold 764,649 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gunningham Sebastian J

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	22,851	$21.58	$493K

Holdings After Transaction: Common Stock — 764,649 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 22,851 shares Tax-withholding share value: $21.58 per share Shares held after transaction: 764,649 shares +1 more

4 metrics

Shares withheld for taxes 22,851 shares Tax-withholding on RSU vesting, code F

Tax-withholding share value $21.58 per share Value used for 22,851 withheld shares

Shares held after transaction 764,649 shares Direct ownership by CEO following withholding

Tax-withholding disposition count 1 transaction Single F-code event reported in Form 4

Key Terms

restricted stock units, tax withholding obligations, tax-withholding disposition, Common Stock, +1 more

5 terms

restricted stock units financial

"vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"withheld to satisfy tax withholding obligations"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

""security_title": "Common Stock""

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)"

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.

Form 4 Insider Transactions: What Each Field Means →

05/27/2026 - 06:17 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
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).

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^*

Gunningham Sebastian J

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
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	05/26/2026		F		22,851⁽¹⁾	D	$21.58	764,649	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)

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	05/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Remitly (RELY) disclose for its CEO?

Remitly disclosed that CEO Sebastian J. Gunningham had 22,851 shares of common stock withheld to cover tax obligations from restricted stock unit vesting. This was a non-market tax-withholding disposition, not an open-market purchase or sale of shares.

Was the Remitly (RELY) CEO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition under code F, meaning 22,851 shares were withheld by the company to satisfy tax liabilities on vested restricted stock units, rather than sold by the CEO in the open market.

How many Remitly (RELY) shares were withheld for the CEO’s taxes?

A total of 22,851 Remitly common shares were withheld to satisfy tax withholding obligations tied to restricted stock unit vesting. The transaction price reported was $21.58 per share, reflecting the value used for this tax-related share disposition.

How many Remitly (RELY) shares does the CEO hold after this Form 4?

After the tax-withholding transaction, CEO Sebastian J. Gunningham directly holds 764,649 shares of Remitly common stock. This figure reflects his direct ownership position reported following the withholding of 22,851 shares for tax obligations.

What does transaction code F mean in the Remitly (RELY) Form 4?

Transaction code F indicates a tax-withholding disposition, where shares are delivered or withheld to pay exercise price or tax liabilities. In this case, 22,851 shares were withheld to cover taxes on the vesting of restricted stock units for the CEO.