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Remitly (RELY) CFO receives two RSU grants with multi-year vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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Negative

  • None.
Insider Mehta Vikas D
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 30,887 $0.00 --
Grant/Award Common Stock 138,628 $0.00 --
Holdings After Transaction: Common Stock — 893,646 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
RSU grant 1 138,628 shares at $0.00 Common Stock award on April 29, 2026
RSU grant 2 30,887 shares at $0.00 Common Stock award on April 29, 2026
Holdings after grant line 1 1,032,274 shares Common Stock directly held following first reported grant
Holdings after grant line 2 893,646 shares Common Stock directly held following second reported grant
restricted stock units (RSUs) financial
"Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
vest quarterly financial
"and then 1/2 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service"
provision of service financial
"subject to the reporting person's provision of service to the Issuer on each vesting date."
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).
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*
Mehta Vikas D
(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026		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 Stock04/29/2026A30,887(1)A$0893,646D
Common Stock04/29/2026A138,628(2)A$01,032,274D
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 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.
2. 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.
Remarks:
/s/ Jeff Mason as attorney-in-fact05/01/2026
** 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 transaction did Remitly (RELY) disclose for its CFO?

Remitly disclosed that CFO Vikas D. Mehta received two stock awards in the form of restricted stock units. He was granted 138,628 and 30,887 RSU-based common shares on April 29, 2026, as compensation-related acquisitions rather than open-market purchases or sales.

How many Remitly (RELY) shares were granted to the CFO in the latest Form 4?

The Form 4 reports two grants to Remitly’s CFO totaling 138,628 and 30,887 common stock units. Both awards are structured as restricted stock units, each representing a contingent right to receive one share of Remitly common stock upon future settlement, subject to vesting conditions.

What are the vesting terms of the 138,628 RSUs granted to Remitly (RELY) CFO?

The 138,628 RSUs vest as to one-half of the total shares on May 25, 2026. The remaining half then vests in quarterly installments thereafter, contingent on the CFO’s continued provision of service to Remitly on each vesting date.

What are the vesting terms of the 30,887 RSUs granted to Remitly (RELY) CFO?

The 30,887 RSUs vest as to one-quarter of the total shares on May 25, 2029. The remaining three-quarters then vest quarterly after that date, provided the CFO continues to serve Remitly on each applicable vesting date until fully vested.

Did the Remitly (RELY) CFO pay a price per share for these RSU grants?

No cash exercise price is shown for these awards; the transaction price per share is reported as $0.00. The grants are restricted stock units awarded as part of compensation, which convert into common shares over time as vesting conditions are satisfied.

How many Remitly (RELY) shares does the CFO hold after these transactions?

Following one of the reported RSU grants, the Form 4 shows the CFO directly holding 1,032,274 shares of common stock. A separate line for the other award reports 893,646 shares directly held after that transaction, reflecting updated holdings associated with each grant entry.