[Form 4] Remitly Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) Form 4 reports insider Tavis Luke, Chief Accounting Officer, had multiple RSU vestings and related transactions on 08/25/2025. The filing shows vesting-driven acquisitions of 1,610 and 3,890 shares (each reported with code M) representing settlement of RSUs. On the same date the reporting person sold 402 and 970 shares at $19.05 per share (transaction code F). Following the transactions the reporting person beneficially owned 5,336 shares of common stock and held derivative/RSU interests reported as 1,610 and 80,395 RSU-related units in Table II. The filing states the vesting schedules that produced these settlements: one RSU grant vested 1/3 on May 25, 2025 and quarterly thereafter; another vested 15% on February 25, 2025 and then in specified quarterly tranches.

Positive

• Vested RSUs settled: Acquisition of 1,610 and 3,890 shares on 08/25/2025 reflecting scheduled compensation vesting
• Transparent sale disclosures: Dispositions of 402 and 970 shares reported with transaction price of $19.05 each
• Clear vesting schedules: Filing includes explicit vesting mechanics for both RSU grants enabling verification of timing and amounts

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine executive RSU vesting with partial sales; transactions consistent with scheduled compensation settlements, not a material corporate event.

The Form 4 documents scheduled vesting of two RSU awards for the Chief Accounting Officer producing acquisitions of 1,610 and 3,890 shares on 08/25/2025. The filing also discloses contemporaneous open-market or plan sales of 402 and 970 shares at $19.05 each. These flows reflect settlement and partial liquidation of vested equity awards under the issuer’s compensation schedule. No new grants, option exercises at nonzero strike, amendments, or indications of unusual timing are disclosed. The reported post-transaction beneficial ownership figures and the detailed vesting schedules are included, enabling confirmation of compensation fulfillment and resulting share count.

Corporate Governance Expert

TL;DR: Disclosure is clear and detailed on vesting mechanics; presents typical officer disclosures required under Section 16.

The filing provides the nature of indirect beneficial ownership and explicit vesting schedules for two RSU grants: one with a 1/3 initial vest and quarterly thereafter, and another with a 15% initial vest then tiered quarterly vesting. The signature is by attorney-in-fact, as documented. The transactions are reported with appropriate transaction codes (M for vesting; F for disposition) and include executed sale prices for the dispositions. From a governance and compliance viewpoint the Form 4 appears to meet Section 16 reporting requirements for timely disclosure of insider changes in beneficial ownership.

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

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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^*

Tavis Luke

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025		M		1,610(1)	A	(2)	2,818	D
Common Stock	08/25/2025		F		402	D	$19.05	2,416	D
Common Stock	08/25/2025		M		3,890(1)	A	(2)	6,306	D
Common Stock	08/25/2025		F		970	D	$19.05	5,336	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)	08/25/2025		M			1,610	(3)	(3)	Common Stock	1,610	$0	1,610	D
Restricted Stock Units (RSUs)	(2)	08/25/2025		M			3,890	(4)	(4)	Common Stock	3,890	$0	80,395	D

Explanation of Responses:

1. Reflects the vesting of RSUs.

2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.

3. The RSUs vested as to 1/3 of the total shares underlying the RSUs on May 25, 2025 and then 1/3 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

4. The RSUs vested as to 15% of the total shares underlying the RSUs on February 25, 2025, then 3.75% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.75% 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/ Jered Fahey as attorney-in-fact	08/27/2025
	** 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 transactions did Remitly (RELY) report on 08/25/2025?

The Form 4 reports RSU vestings that resulted in acquisitions of 1,610 and 3,890 shares, and sales of 402 and 970 shares at $19.05 per share.

Who filed the Form 4 for RELY and what is their role?

The reporting person is Tavis Luke, identified as Chief Accounting Officer of Remitly Global, Inc.

How many shares did the reporting person beneficially own after the reported transactions?

The filing lists 5,336 shares of common stock beneficially owned following the reported transactions and derivative/RSU holdings shown as 1,610 and 80,395 in Table II.

What do the transaction codes M and F mean in this Form 4?

Per the filing, M denotes acquisition upon vesting of RSUs and F denotes a disposition (sale) of shares; the Form shows both codes used on 08/25/2025.

Are the vesting schedules for the RSU grants disclosed?

Yes. One grant vested 1/3 on May 25, 2025 and then 1/3 quarterly thereafter; the other vested 15% on February 25, 2025 with subsequent quarterly tranches as described.