Remitly (RELY) CAO logs RSU vesting and tax-withholding share dispositions

Rhea-AI Filing Summary

Remitly Global, Inc.’s Chief Accounting Officer Tavis Luke reported RSU vesting and related share transactions. On February 25, 2026, 3,891 and 3,276 Restricted Stock Units converted to an equal number of common shares at $0.00 per share, reflecting equity compensation vesting.

The filing also shows dispositions of 1,208 and 1,017 common shares at $16.19 per share coded "F", which indicates shares were withheld to cover tax obligations rather than open-market sales. Following these transactions, direct holdings reported in Table I include both common stock and substantial unvested RSUs as described in the footnotes.

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

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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^*

Tavis Luke

(Last) (First) (Middle)

C/O REMITLY GLOBAL, INC.

401 UNION STREET, SUITE 1000

(Street)

SEATTLE WA 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 Accounting 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		M		3,891(1)	A	(2)	10,435	D
Common Stock	02/25/2026		F		1,208	D	$16.19	9,227	D
Common Stock	02/25/2026		M		3,276(1)	A	(2)	12,503	D
Common Stock	02/25/2026		F		1,017	D	$16.19	112,767(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (RSUs)	(2)	02/25/2026		M			3,891	(4)	(4)	Common Stock	3,891	$0	0(5)	D
Restricted Stock Units (RSUs)	(2)	02/25/2026		M			3,276	(6)	(6)	Common Stock	3,276	$0	0	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 101,281 unvested RSUs previously reported in Table II and 11,486 shares of common stock.

4. The RSUs vested as to 15% of the total shares underlying the RSUs on February 25, 2025, 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 quarterly 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 72,614 unvested RSUs remaining under this RSU award previously reported in Table II.

6. The RSUs vested as to 100% of the total shares underlying the RSUs on February 25, 2026.

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).
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FAQ

What did Remitly (RELY) executive Tavis Luke report in this Form 4?

Tavis Luke reported the vesting of RSU awards that converted into common stock and related tax-withholding share dispositions. The transactions reflect equity compensation vesting rather than open-market buying or selling, and adjust his reported mix of common shares and unvested RSUs.

How many Remitly RSUs vested for Tavis Luke in the reported transactions?

The filing shows 3,891 and 3,276 Restricted Stock Units vesting and converting into the same number of Remitly common shares. Each RSU represents a contingent right to receive one share upon settlement, so the vesting directly increased his reported common stock holdings before tax withholding.

Were any of Tavis Luke’s Remitly (RELY) transactions open-market stock sales?

The reported dispositions are coded "F," indicating shares were used to pay tax liabilities or exercise costs, not sold in open-market transactions. These tax-withholding dispositions reduced the number of shares held after vesting without representing discretionary selling into the market.

What does the Form 4 say about Tavis Luke’s remaining unvested Remitly RSUs?

A footnote explains that the holdings reported in Table I include large blocks of unvested RSUs that were previously reported in Table II. One note specifies 101,281 unvested RSUs under prior awards and another highlights 72,614 unvested RSUs remaining under a particular RSU grant.

How do the Remitly RSU vesting schedules for Tavis Luke work?

One RSU award vested 15% of underlying shares on February 25, 2025, then 3.75% on each of four quarterly vesting dates, then 8.75% quarterly thereafter, subject to continued service. Another RSU grant vested 100% of its total shares on February 25, 2026.

What price per share is shown for Remitly tax-withholding dispositions in this Form 4?

The tax-withholding dispositions of common stock are reported at a price of $16.19 per share. This price is used to value the shares delivered to satisfy tax obligations arising from RSU vesting and does not necessarily represent an open-market trade execution.