Remitly director acquires 524 shares via RSU vest
Remitly Global, Inc. director Nigel W. Morris reported the vesting and settlement of restricted stock units.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 524 | $0.00 | $0.00 |
| Exercise | Common Stock | 524 | $0.00 | $0.00 |
Footnotes (5)
- F1. Reflects the vesting of restricted stock units (RSUs).
- F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- F3. 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.
- F4. 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.
- F5. 5. The total reported in Table I, Column 5, includes 524 unvested RSUs remaining under this RSU award previously reported in Table II.
FAQ
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What insider transaction did Remitly (RELY) director Nigel W. Morris report?
What are the vesting terms of Nigel W. Morris’s June 11, 2025 RSU grant at Remitly (RELY)?
Does the Remitly (RELY) Form 4 show an insider stock purchase or sale?
How many unvested RSUs does Nigel W. Morris still have at Remitly (RELY)?
AI-generated analysis. How Rhea-AI works. Not financial advice.