Remitly director Hug granted 2,546 RSUs
Hug Joshua reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hug Joshua reported acquisition or exercise transactions in this Form 4 filing.
Remitly Global director Joshua Hug reported an equity award and updated holdings. On June 10, 2026, he received a grant of 2,546 restricted stock units, each representing one share of common stock upon vesting and settlement. The RSUs vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant, and will fully vest no later than June 10, 2027, subject to continued service. After this grant, Hug holds 3,426,790 shares of common stock directly and 300,000 shares indirectly through a family trust for which his spouse is the trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,546 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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 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.
- F2. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Key Figures
Key Terms
restricted stock units (RSUs) financial
contingent right financial
family trust financial
trustee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Remitly (RELY) director Joshua Hug report in this Form 4?
What is the vesting schedule for Joshua Hug’s new RSUs in Remitly (RELY)?
How are Joshua Hug’s indirect Remitly (RELY) holdings structured?
Is Joshua Hug’s Remitly (RELY) RSU grant tied to continued service?
AI-generated analysis. How Rhea-AI works. Not financial advice.