STOCK TITAN

Remitly (RELY) director Nigel W. Morris receives 33,356 RSUs in grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MORRIS NIGEL W reported acquisition or exercise transactions in this Form 4 filing.

Remitly Global, Inc. director Nigel W. Morris reported receiving equity compensation in the form of restricted stock units (RSUs) tied to the company’s common stock. He was granted 30,556 RSUs and a separate 2,800 RSU award, each representing a contingent right to receive one share upon settlement.

One grant 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, will vest in full by the earlier of the next annual stockholder meeting or June 10, 2027, subject to continued service. The other grant will vest in three equal annual installments beginning on the earlier of the next annual stockholder meeting or June 10, 2027, also subject to continued service. Following these awards, Morris directly holds 1,890,994 shares of Remitly common stock.

Positive

  • None.

Negative

  • None.
Insider MORRIS NIGEL W
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,800 $0.00 --
Grant/Award Common Stock 30,556 $0.00 --
Holdings After Transaction: Common Stock — 1,860,438 shares (Direct, null)
Footnotes (1)
  1. 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 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. 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 three equal annual installments beginning 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.
RSU grant 1 30,556 RSUs Restricted stock units granted as equity compensation on common stock
RSU grant 2 2,800 RSUs Additional restricted stock units granted as equity compensation
Total RSUs granted 33,356 RSUs Sum of two RSU awards reported in this Form 4
Transaction price per share $0.00 per share RSU grants reported with zero cash price as compensation
Shares held after grant 1,890,994 shares Total direct Remitly common stock held after one reported grant
Final vesting outside date June 10, 2027 Latest date by which specified RSUs fully vest if service continues
restricted stock units (RSUs) financial
"Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right"
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"
settlement financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
vest financial
"The RSUs will vest in four equal installments on each August 25, November 25, February 25, and May 25"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the Issuer's stockholders financial
"beginning on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders and (ii) June 10, 2027"
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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).
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*
MORRIS NIGEL W

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
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 Stock06/10/2026A2,800(1)A$01,860,438D
Common Stock06/10/2026A30,556(2)A$01,890,994D
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. 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 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.
2. 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 three equal annual installments beginning 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.
Remarks:
/s/ Jeff Mason as attorney-in-fact06/11/2026
** 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 did Remitly (RELY) director Nigel W. Morris report in this Form 4?

Nigel W. Morris reported receiving two equity awards in the form of restricted stock units (RSUs) tied to Remitly common stock. These RSUs are compensation grants with structured vesting schedules and increase his direct ownership position in the company.

How many Remitly (RELY) RSUs were granted to Nigel W. Morris?

He received 30,556 RSUs in one grant and 2,800 RSUs in another, both at a price of $0.00 per share as compensation. Each RSU represents a contingent right to receive one share of Remitly common stock upon settlement, subject to vesting.

What are the vesting terms for Nigel W. Morris’s 30,556 Remitly RSU grant?

The 30,556 RSUs vest in four equal installments on August 25, November 25, February 25, and May 25 after the grant date. Any unvested portion vests fully by the earlier of the next annual stockholder meeting or June 10, 2027, if service continues.

How do the 2,800 Remitly (RELY) RSUs granted to Nigel W. Morris vest?

The 2,800 RSUs vest in three equal annual installments. Vesting begins on the earlier of the next annual meeting of Remitly’s stockholders or June 10, 2027, provided Morris continues to provide service to the company through each vesting date.

What is Nigel W. Morris’s Remitly share ownership after these RSU grants?

After the reported RSU grants, Nigel W. Morris directly holds 1,890,994 shares of Remitly common stock. This figure reflects his direct ownership position as of the transaction date reported in the Form 4 for these awards.

Are Nigel W. Morris’s new Remitly RSUs market purchases or compensation awards?

These RSUs are compensation awards, not open-market purchases. They were granted at a transaction price of $0.00 per share and will convert into Remitly common stock over time as vesting conditions tied to continued service are satisfied.