Remitly CFO granted new RSU stock awards
Remitly Global, Inc. reported that Chief Financial Officer Vikas D. Mehta acquired common stock through two compensation-related awards.
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Rhea-AI Filing Summary
Remitly Global, Inc. reported that Chief Financial Officer Vikas D. Mehta acquired common stock through two compensation-related awards. On April 29, 2026, he received 138,628 shares of common stock at $0.00 per share and a separate award of 30,887 shares, both structured as restricted stock units (RSUs).
Each RSU represents a contingent right to receive one share of common stock upon settlement. The first RSU grant vests as to one-half of the total shares on May 25, 2026, then vests quarterly thereafter, subject to continued service. The second grant vests as to one-quarter of the total shares on May 25, 2029, then vests quarterly thereafter, also conditioned on continued service to Remitly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,887 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 138,628 | $0.00 | $0.00 |
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 vest as to 1/2 of the total shares underlying the RSUs on May 25, 2026, and then 1/2 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.
- F2. 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 vest as to 1/4 of the total shares underlying the RSUs on May 25, 2029, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.
Key Figures
Key Terms
restricted stock units (RSUs) financial
contingent right financial
vest quarterly financial
provision of service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Remitly (RELY) disclose for its CFO?
What are the vesting terms of the 138,628 RSUs granted to Remitly (RELY) CFO?
What are the vesting terms of the 30,887 RSUs granted to Remitly (RELY) CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.