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

Remitly Global (RELY) product and tech chief sells shares, covers taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. Chief Product and Tech Officer Ankur Sinha reported an open-market sale of 7,596 shares of common stock at a weighted average price of $21.07 per share. A separate 25,252-share disposition was made to cover tax withholding on vesting restricted stock units, and both transactions occurred under a pre-arranged Rule 10b5-1 trading plan. After these transactions, Sinha continued to hold over 1.2 million shares directly, indicating a relatively small, largely routine adjustment to his position.

Positive

  • None.

Negative

  • None.
Insider Sinha Ankur
Role Chief Product and Tech Officer
Sold 7,596 shs ($160K)
Type Security Shares Price Value
Tax Withholding Common Stock 25,252 $21.58 $545K
Sale Common Stock 7,596 $21.07 $160K
Holdings After Transaction: Common Stock — 1,230,314 shares (Direct, null)
Footnotes (1)
  1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2025. Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.29 to $21.55 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.
Open-market sale 7,596 shares Common Stock sold on May 26, 2026
Sale price $21.07/share Weighted average price for 7,596-share sale
Tax-withholding shares 25,252 shares Withheld for RSU tax obligations
Tax-withholding price $21.58/share Price used for 25,252-share tax disposition
Shares after tax withholding 1,230,314 shares Directly owned following F-code transaction
Shares after sale 1,222,718 shares Directly owned following S-code transaction
Net buy/sell shares -7,596 shares Net open-market activity in this filing
Rule 10b5-1 trading plan financial
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units."
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.29 to $21.55 inclusive."
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.
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 Insider Transactions: What Each Field Means →
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).
X
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*
Sinha Ankur
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product and Tech Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026		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 Stock05/26/2026F25,252(1)D$21.581,230,314D
Common Stock05/26/2026S(2)7,596D$21.07(3)1,222,718D
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 shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
2. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2025.
3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.29 to $21.55 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-fact05/27/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Remitly Global (RELY) report for Ankur Sinha?

Ankur Sinha reported an open-market sale of 7,596 Remitly Global shares and a separate 25,252-share tax-withholding disposition. Both transactions involved common stock and occurred on May 26, 2026 under a Rule 10b5-1 trading plan.

How many Remitly Global (RELY) shares did Ankur Sinha sell and at what price?

Ankur Sinha sold 7,596 shares of Remitly Global common stock at a weighted average price of $21.07 per share. The filing notes multiple trades within a $20.29 to $21.55 price range for this open-market sale.

Why were 25,252 Remitly Global (RELY) shares disposed of by Ankur Sinha?

The 25,252-share disposition reflected shares withheld to satisfy tax withholding obligations from vesting restricted stock units. This tax-withholding transaction is mechanical and is not an open-market sale, although it reduces Sinha’s directly held share count.

Were Ankur Sinha’s Remitly Global (RELY) transactions under a Rule 10b5-1 plan?

Yes. The filing states these transactions were effected automatically under a Rule 10b5-1 trading plan adopted on December 10, 2025. Such plans pre-schedule trades, making the timing less indicative of short-term views.

How many Remitly Global (RELY) shares did Ankur Sinha hold after these transactions?

After the reported transactions, the Form 4 shows direct ownership of 1,230,314 shares following the tax-withholding entry and 1,222,718 shares following the open-market sale. These figures indicate Sinha retained a substantial share position.

What does the tax-withholding transaction mean for Remitly Global (RELY) investors?

The tax-withholding disposition represents shares withheld to pay taxes on vesting restricted stock units. This is a common administrative step in equity compensation and typically carries less informational value than discretionary open-market purchases or sales.