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[Form 4] Remitly Global, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Matthew B. Oppenheimer, Chief Executive Officer and Director of Remitly Global, Inc. (RELY), reported two sales of common stock executed under a Rule 10b5-1 trading plan. On 09/23/2025 he sold 14,583 shares at a weighted-average price of $16.68, leaving 4,544,354 shares beneficially owned. On 09/24/2025 he sold another 14,583 shares at a weighted-average price of $16.58, leaving 4,529,771 shares beneficially owned. The sales were signed on behalf of the reporting person by an attorney-in-fact on 09/25/2025. The filing discloses price ranges for individual transactions within each weighted-average figure.

Positive
  • Transactions were executed under a Rule 10b5-1 trading plan, indicating preplanned sales
  • Filing provides weighted-average prices and price ranges, offering execution transparency
  • Form 4 was timely and properly signed by an attorney-in-fact, indicating procedural compliance
Negative
  • Reporting person reduced beneficial ownership by 29,166 shares over two days
  • Filing does not disclose exact per-trade share counts at each price; only weighted-average and ranges are provided

Insights

TL;DR: Routine, preplanned insider sales under a 10b5-1 plan by the CEO; no governance red flags disclosed.

The filing shows two small, systematic dispositions totaling 29,166 shares executed under a Rule 10b5-1 plan. These trades were processed over two days with weighted-average prices provided and do not indicate emergency liquidity or a sudden change in role. The filing is compliant with Section 16 reporting and includes an attorney-in-fact signature, suggesting administrative handling rather than atypical governance activity.

TL;DR: Insider sales equal roughly 0.64% of reported holdings; transaction size appears immaterial to ownership stake.

The CEO reduced beneficial holdings from 4,544,354 to 4,529,771 shares across two days, selling 29,166 shares in total. Given the remaining position magnitude, these sales are small relative to total holdings and were executed under a preexisting trading plan. The filing includes weighted-average prices and notes that individual trade prices fall within disclosed ranges, providing transparency on execution.

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).
1. Name and Address of Reporting Person*
Oppenheimer Matthew B.

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025
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 09/23/2025 S(1) 14,583 D $16.68(2) 4,544,354 D
Common Stock 09/24/2025 S(1) 14,583 D $16.58(3) 4,529,771 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. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.36 to $16.97 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.
3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.27 to $16.92 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 09/25/2025
** 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.

FAQ

What shares did Matthew B. Oppenheimer sell as reported on Form 4 for RELY?

He sold a total of 29,166 shares of Remitly common stock: 14,583 on 09/23/2025 and 14,583 on 09/24/2025.

At what prices were the RELY shares sold in the Form 4 filing?

The weighted-average prices were $16.68 for 09/23/2025 (range $16.36–$16.97) and $16.58 for 09/24/2025 (range $16.27–$16.92).

How many REMLY shares does the reporting person own after these transactions?

Beneficial ownership reported was 4,544,354 shares after the 09/23 sale and 4,529,771 shares after the 09/24 sale.

Were these insider sales part of a prearranged plan?

Yes. The filing states the transactions were effected automatically pursuant to a Rule 10b5-1 trading plan.

Who signed the Form 4 filing for Matthew B. Oppenheimer?

The Form 4 was signed by Jeff Mason as attorney-in-fact on 09/25/2025.
Remitly Global, Inc.

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Software - Infrastructure
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United States
SEATTLE