Remitly director awarded new RSU grants
Messinger Adam reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Messinger Adam reported acquisition or exercise transactions in this Form 4 filing.
Remitly Global director Adam Messinger received multiple stock-based awards. On June 10, 2026 he was granted 1,846, 3,477 and 10,185 restricted stock units (RSUs), each at no cash cost. One RSU grant vested immediately, while the others vest over time and fully by June 10, 2027, subject to continued service.
Insider Trade Summary
Grant/Award: 15,508 shares
Grant/Award
3 txns
Insider
Messinger Adam
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,185 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,477 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,846 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 15,508 shares (Direct)
Footnotes (3)
- F1. Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs will vest in full on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders and (ii) June 10, 2027, in each case, subject to the reporting person's provision of service to the Issuer through the applicable date.
- F2. Represents a grant of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs 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 next annual meeting of the Issuer's stockholders and (ii) June 10, 2027, in each case, subject to the reporting person's provision of applicable service to the Issuer through the applicable date
- F3. Represents a grant of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vested in full on the grant date.
Key Figures
RSU grant 1: 1,846 RSUs at $0.00
RSU grant 2: 3,477 RSUs at $0.00
RSU grant 3: 10,185 RSUs at $0.00
+2 more
5 metrics
RSU grant 1
1,846 RSUs at $0.00
Common Stock award on June 10, 2026
RSU grant 2
3,477 RSUs at $0.00
Common Stock award on June 10, 2026
RSU grant 3
10,185 RSUs at $0.00
Common Stock award on June 10, 2026
Immediate vesting grant
10,185 RSUs
Vested in full on grant date June 10, 2026
Time-based vesting end date
June 10, 2027
Latest full vesting date for remaining RSUs
Key Terms
restricted stock units (RSUs), contingent right, annual meeting of the Issuer's stockholders, vest in four equal installments, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
annual meeting of the Issuer's stockholders regulatory
"will vest in full on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders and (ii) June 10, 2027"
vest in four equal installments financial
"The RSUs will vest in four equal installments on each August 25, November 25, February 25, and May 25"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Remitly (RELY) director Adam Messinger report in this Form 4?
Adam Messinger reported the acquisition of three grants of restricted stock units in Remitly Global common stock. These compensation-related awards totaled 1,846, 3,477 and 10,185 RSUs, all recorded at a price of $0.00 per share rather than as open-market purchases.
Are Adam Messinger’s Remitly RSU awards open-market stock purchases?
No, these are equity compensation grants, not open-market stock purchases. All three transactions are coded as awards (code A) with a transaction price of $0.00, indicating they were granted by Remitly as part of director compensation rather than bought on the market.
How do the newly granted Remitly RSUs to Adam Messinger vest?
One RSU grant vested in full on the June 10, 2026 grant date. Another vests entirely on the earlier of the next annual shareholder meeting or June 10, 2027. A third vests in four installments on August 25, November 25, February 25 and May 25, then fully by June 10, 2027.
What does each RSU granted to Adam Messinger by Remitly represent?
Each restricted stock unit represents a contingent right to receive one share of Remitly Global common stock upon settlement. Delivery of the underlying shares depends on the RSUs vesting under the specified schedules and Messinger continuing to provide qualifying service to the company through the applicable vesting dates.
Did this Remitly Form 4 include any insider stock sales or option exercises?
No, the Form 4 only reports acquisitions of restricted stock units. All three transactions are coded as awards, with no reported open-market sales, option exercises, tax-withholding dispositions, gifts, or restructurings. The filing therefore reflects routine equity compensation activity for a company director.
When will Adam Messinger’s time-based RSU awards in Remitly fully vest?
The time-based RSU awards are scheduled to vest fully by June 10, 2027 at the latest. One block vests entirely on that date or the next annual shareholder meeting, while another block vests quarterly and then vests in full on the earlier of that meeting or June 10, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
