STOCK TITAN

Remitly (RELY) director Joshua Hug sells 24,533 shares in planned trades

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported open-market sales of a total of 24,533 shares of common stock in multiple transactions on June 16–17, 2026. The sales were executed at weighted-average prices between $19.62 and $21.20 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025.

After these transactions, Hug directly holds 3,402,257 shares and an additional 300,000 shares are held indirectly through a family trust for which his spouse serves as trustee.

Positive

  • None.

Negative

  • None.
Insider Hug Joshua
Role null
Sold 24,533 shs ($504K)
Type Security Shares Price Value
Sale Common Stock 6,500 $20.76 $135K
Sale Common Stock 9,533 $20.76 $198K
Sale Common Stock 6,500 $20.10 $131K
Sale Common Stock 2,000 $20.09 $40K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,411,790 shares (Direct, null); Common Stock — 300,000 shares (Indirect, By Trust)
Footnotes (1)
  1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.62 to $20.49 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.66 to $20.43 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.31 to $21.20 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.34 to $21.20 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Shares sold 24,533 shares Total open-market sales on June 16–17, 2026
Price range $19.62–$21.20 per share Weighted-average sale price ranges from footnotes
Direct holdings after sales 3,402,257 shares Common stock held directly following transactions
Indirect trust holdings 300,000 shares Held by family trust with spouse as trustee
Sell transactions count 4 transactions Open-market sale entries coded “S”
10b5-1 plan adoption date December 11, 2025 Date trading plan governing these sales was adopted
Rule 10b5-1 trading plan regulatory
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions at prices ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
family trust financial
"The securities are held by a family trust, of which the reporting person's spouse is the trustee."
indirect ownership financial
""ownership_type": "indirect""
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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).
X
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*
Hug Joshua

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
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 Stock06/16/2026S(1)6,500D$20.1(2)3,420,290D
Common Stock06/16/2026S(1)2,000D$20.09(3)3,418,290D
Common Stock06/17/2026S(1)6,500D$20.76(4)3,411,790D
Common Stock06/17/2026S(1)9,533D$20.76(5)3,402,257D
Common Stock300,000IBy Trust(6)
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. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.62 to $20.49 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.66 to $20.43 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.31 to $21.20 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
5. Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.34 to $21.20 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
6. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Remarks:
/s/ Jeff Mason as attorney-in-fact06/17/2026
** 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)

FAQ

How many Remitly (RELY) shares did director Joshua Hug sell?

Director Joshua Hug sold a total of 24,533 Remitly common shares. These were reported as four open-market sales across two days, reflecting a modest portion of his overall holdings, which remain above three million shares held directly plus additional indirect trust holdings.

At what prices were the Remitly (RELY) shares sold by Joshua Hug?

The reported sales occurred at weighted-average prices between $19.62 and $21.20 per share. Individual trades were executed across multiple price points within these ranges, as disclosed in the filing’s weighted-average price footnotes for each transaction.

Were Joshua Hug’s Remitly (RELY) share sales under a Rule 10b5-1 plan?

Yes. The filing states the sales were automatically effected under a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, indicating these transactions were part of a pre-arranged program rather than discretionary timing decisions.

How many Remitly (RELY) shares does Joshua Hug hold after these transactions?

Following the reported sales, Joshua Hug holds 3,402,257 Remitly shares directly. In addition, 300,000 shares are held indirectly through a family trust, where his spouse serves as trustee, as described in the filing’s ownership footnote.

What type of transactions did Remitly (RELY) director Joshua Hug report?

The filing reports four open-market sales of common stock, all coded as “S” transactions. There were no option exercises, gifts, or tax-withholding entries, and the filing also lists one indirect holding entry for shares owned through a family trust.

How significant are Joshua Hug’s recent Remitly (RELY) share sales relative to his holdings?

The reported 24,533 shares sold represent a small fraction of his disclosed position. After the sales, he still directly owns 3,402,257 shares, plus 300,000 shares held indirectly through a family trust, indicating the transactions are limited relative to his overall stake.