Remitly (RELY) Director Reports 715 RSUs Vesting on 08/25/2025

Rhea-AI Filing Summary

Margaret Mary Smyth, a director of Remitly Global, Inc. (RELY), reported transactions dated 08/25/2025 related to restricted stock units (RSUs). The filing indicates 715 RSUs vested on that date as reflected by transaction code M and the explanatory note that the RSUs were granted on June 11, 2025 and vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant date (with accelerated vesting conditions described). Following the reported transactions, the filing shows beneficial ownership of 52,877 shares of common stock and 2,144 RSUs remaining, all held directly. The submission was signed by an attorney-in-fact on 08/27/2025.

Insights

Financial Analyst

TL;DR Routine director RSU vesting occurred; transaction is administrative and not material to company finances.

The Form 4 discloses the vesting of 715 RSUs granted June 11, 2025, with the standard four-installment vesting schedule noted. The report shows 52,877 common shares and 2,144 RSUs beneficially owned following the transaction, all held directly. This is a compensation-related equity event by a director, recorded under transaction code M indicating a non-discretionary vesting or similar administrative event. There are no cash proceeds, purchases, or sales reported that would affect liquidity or market supply materially.

Corporate Governance Expert

TL;DR Director received scheduled equity compensation; disclosure aligns with Rule 16 reporting requirements.

The filing documents compliance with Section 16 reporting for a director-level recipient of RSUs. The RSU grant date (June 11, 2025) and vesting timetable are explicitly stated, including an acceleration clause tied to the 2026 annual meeting or June 11, 2026. Ownership is reported as direct. The filing appears complete for the disclosed vesting event and was executed via attorney-in-fact as permitted, fulfilling procedural formality requirements.

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

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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^*

Smyth Margaret Mary

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025		M		715(1)	A	(2)	52,877	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)	08/25/2025		M			715	(3)	(3)	Common Stock	715	$0	2,144	D

Explanation of Responses:

1. Reflects the vesting of RSUs.

2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.

3. The RSUs were granted on June 11, 2025, and 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 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date.

Remarks:

	/s/ Jered Fahey as attorney-in-fact	08/27/2025
	** 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.
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FAQ

What insider activity did Margaret Smyth (RELY) report on 08/25/2025?

The Form 4 reports the vesting of 715 RSUs on 08/25/2025 and shows beneficial ownership of 52,877 common shares following the transaction.

When were the RSUs granted to Margaret Smyth and what is the vesting schedule?

The RSUs were granted on June 11, 2025 and vest in four equal installments on August 25, November 25, February 25, and May 25 after the grant date, with potential accelerated vesting by the earlier of the 2026 annual meeting or June 11, 2026 subject to service.

Did the Form 4 report any cash sales or purchases by the reporting person?

No. The filing shows a vesting event (transaction code M) and does not report cash proceeds from purchases or sales.

How is the ownership held according to the filing?

The filing reports ownership as Direct (D) for both the common stock and the RSUs following the transaction.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by Jered Fahey as attorney-in-fact on 08/27/2025 according to the signature block.