Remitly (RELY) director sells 12,000 shares in open-market transaction

Rhea-AI Filing Summary

Remitly Global, Inc. director Bora Chung reported an open-market sale of 12,000 shares of Common Stock on May 20, 2026 at a weighted average price of $21.42 per share, with trades ranging from $21.38 to $21.45. After this transaction, Chung directly holds 125,317 shares of Remitly stock.

Insider Trade Summary

Net Seller: 12,000 shares ($257,040)

Net Sell 1 txn

Insider Chung Bora

Role null

Sold 12,000 shs ($257K)

Type	Security	Shares	Price	Value
Sale	Common Stock	12,000	$21.42	$257K

Holdings After Transaction: Common Stock — 125,317 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 12,000 shares Weighted average sale price: $21.42 per share Sale price range: $21.38–$21.45 per share +1 more

4 metrics

Shares sold 12,000 shares Open-market sale on May 20, 2026

Weighted average sale price $21.42 per share Common Stock sale on May 20, 2026

Sale price range $21.38–$21.45 per share Multiple transactions within this range

Shares held after transaction 125,317 shares Direct ownership following sale

Key Terms

open-market sale, Common Stock, weighted average price, transaction code "S"

4 terms

open-market sale financial

"transaction_action: "open-market sale""

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""

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.

weighted average price financial

"Weighted average price. These shares were sold in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

transaction code "S" regulatory

"transaction_code: "S" indicating a sale in open market"

Form 4 Insider Transactions: What Each Field Means →

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^*

Chung Bora

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		S		12,000	D	$21.42(1)	125,317	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

Explanation of Responses:

1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $21.38 to $21.45 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	05/21/2026
	** 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)

FAQ

What insider transaction did Remitly (RELY) director Bora Chung report?

Bora Chung reported selling 12,000 shares of Remitly Common Stock in an open-market transaction on May 20, 2026. The filing shows this as a routine Section 16 Form 4 disclosure for a company director, detailing the sale price range and remaining holdings.

How many Remitly (RELY) shares did Bora Chung sell and at what price?

Bora Chung sold 12,000 Remitly Common Stock shares at a weighted average price of $21.42 per share. According to the footnote, individual trades occurred in multiple transactions within a price range from $21.38 to $21.45 per share, all on May 20, 2026.

What are Bora Chung’s Remitly (RELY) holdings after this Form 4 sale?

Following the reported sale, Bora Chung directly holds 125,317 shares of Remitly Common Stock. This post-transaction figure, disclosed in the Form 4, helps investors understand her remaining ownership stake after disposing of 12,000 shares in the open-market transaction.

Was Bora Chung’s Remitly (RELY) transaction an open-market sale?

Yes. The Form 4 characterizes the transaction as an open-market sale of Common Stock, using transaction code “S.” The description confirms it was a sale in open market or private transaction, with all shares sold on May 20, 2026 within the disclosed price range.

What does the weighted average price disclosure mean in this Remitly (RELY) filing?

The weighted average price of $21.42 reflects multiple trades executed between $21.38 and $21.45. The footnote explains these shares were sold in several transactions and offers to provide full breakdowns of share counts at each price to the issuer, shareholders, or SEC staff upon request.