STOCK TITAN

Remitly (RELY) director gains 524 shares through RSU vesting

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

Rhea-AI Filing Summary

Remitly Global, Inc. director Nigel W. Morris reported the vesting and settlement of restricted stock units. On February 25, 2026, 524 RSUs vested and were converted into 524 shares of common stock at no cash exercise price. These RSUs were part of an award granted on June 11, 2025 that vests in four equal installments on each August 25, November 25, February 25, and May 25 after the grant date, or earlier upon specified company events, subject to continued service. After this conversion, Morris held 1,861,210 shares of common stock and 524 unvested RSUs from this particular award, alongside 15,763 unvested RSUs from prior awards.

Positive

  • None.

Negative

  • None.
Insider MORRIS NIGEL W
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units (RSUs) 524 $0.00 --
Exercise Common Stock 524 $0.00 --
Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct); Common Stock — 1,861,210 shares (Direct)
Footnotes (1)
  1. Reflects the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 15,763 unvested RSUs previously reported in Table II and 1,845,447 shares of common stock. 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. 5. The total reported in Table I, Column 5, includes 524 unvested RSUs remaining under this RSU award previously reported in Table II.
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
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*
MORRIS NIGEL W

(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)
02/25/2026
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 02/25/2026 M 524(1) A (2) 1,861,210(3) 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) 02/25/2026 M 524 (4) (4) Common Stock 524 $0 0(5) D
Explanation of Responses:
1. Reflects the vesting of restricted stock units (RSUs).
2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
3. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 15,763 unvested RSUs previously reported in Table II and 1,845,447 shares of common stock.
4. 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.
5. 5. The total reported in Table I, Column 5, includes 524 unvested RSUs remaining under this RSU award previously reported in Table II.
Remarks:
/s/ Jeff Mason as attorney-in-fact 02/27/2026
** 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.
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.

FAQ

What insider transaction did Remitly (RELY) director Nigel W. Morris report?

Nigel W. Morris reported the vesting of 524 restricted stock units, which were converted into 524 shares of Remitly common stock at no cash exercise price. This reflects a scheduled equity award settlement rather than an open-market stock purchase or sale.

How many Remitly (RELY) shares does Nigel W. Morris hold after this Form 4?

Following the February 25, 2026 RSU conversion, Nigel W. Morris held 1,861,210 shares of Remitly common stock directly. His reported total also includes 15,763 unvested RSUs from prior awards and 524 unvested RSUs remaining from the June 11, 2025 grant.

What are the vesting terms of Nigel W. Morris’s June 11, 2025 RSU grant at Remitly (RELY)?

The RSUs granted on June 11, 2025 vest in four equal installments on each August 25, November 25, February 25, and May 25 after the grant date, or fully vest earlier upon specified 2026 company events, subject to Morris continuing to provide service.

Does the Remitly (RELY) Form 4 show an insider stock purchase or sale?

The Form 4 reflects an exercise or conversion of derivative securities, not an open-market purchase or sale. 524 RSUs vested and were settled into 524 shares of common stock at a price of $0.00 per share, as part of an existing equity award.

How many unvested RSUs does Nigel W. Morris still have at Remitly (RELY)?

After the reported vesting, the total in the ownership column includes 15,763 unvested RSUs from prior awards and 524 unvested RSUs remaining under the June 11, 2025 RSU grant. These unvested RSUs are scheduled to vest over time, subject to continued service.