STOCK TITAN

Remitly Global (RELY) CFO sells 25K shares in plan trade

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) reported that Chief Financial Officer Vikas D. Mehta disposed of common stock on August 25, 2026. 19,269 shares were withheld to satisfy tax obligations upon vesting of restricted stock units at $26.59 per share. On the same date, he sold 25,000 shares of common stock at a weighted average price of $26.15 per share, in multiple transactions between $25.83 and $26.39, pursuant to a Rule 10b5-1 trading plan adopted on November 21, 2025.

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Insights

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Insider Mehta Vikas D
Role Chief Financial Officer
Sold 25,000 shs ($654K)
Type Security Shares Price Value
Tax Withholding Common Stock F1 19,269 $26.59 $512K
Sale Common Stock F2, F3 25,000 $26.15 $654K
Holdings After Transaction: Common Stock — 943,735 shares (Direct)
Footnotes (3)
  1. F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
  2. F2. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
  3. F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.83 to $26.39 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.
Shares withheld for tax obligations 19,269 shares of Common Stock Withheld on August 25, 2026 to satisfy tax withholding obligations on RSU vesting at $26.59 per share
Tax withholding price per share $26.59 per share Price used for 19,269 shares withheld for tax obligations on August 25, 2026
Shares sold by CFO 25,000 shares of Common Stock Open-market or private sale on August 25, 2026
Weighted average sale price $26.15 per share 25,000 shares sold in multiple transactions at prices from $25.83 to $26.39
Rule 10b5-1 plan adoption date November 21, 2025 Plan under which the 25,000-share August 25, 2026 sale was effected automatically
Shares related to exercise price or tax liability (summary) 19,269 shares TransactionSummary exercisePriceOrTaxLiabilityShares associated with code F withholding
Rule 10b5-1 trading plan regulatory
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan"
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.
restricted stock units financial
"tax withholding obligations in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
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.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations in connection"

FAQ

What insider transactions did RELY CFO Vikas D. Mehta report on August 25, 2026?

He reported two transactions: 19,269 RELY shares withheld to cover tax obligations from RSU vesting at $26.59 per share, and a sale of 25,000 shares of common stock at a weighted average price of $26.15 per share.

Was the August 25, 2026 sale of RELY shares by the CFO under a Rule 10b5-1 plan?

Yes. The 25,000-share sale of Remitly (RELY) common stock on August 25, 2026 was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by Vikas D. Mehta on November 21, 2025.

How many RELY shares were sold by the CFO, and at what price range?

Vikas D. Mehta sold 25,000 RELY shares at a weighted average price of $26.15 per share. The filing states these shares were sold in multiple transactions at prices ranging from $25.83 to $26.39 per share, inclusive.

Why were 19,269 RELY shares disposed of in the Form 4 filing?

The 19,269 RELY shares reported under code F were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units. These shares were not market sales but used to pay the tax liability.

Does the Form 4 disclose the CFO’s remaining RELY share holdings after these transactions?

No. The non-derivative transaction rows in this Form 4 list the shares disposed and prices, but the field for total shares following the transaction is blank, so remaining holdings are not stated here.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
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)
08/25/2026
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 Stock08/25/2026F19,269(1)D$26.59968,735D
Common Stock08/25/2026S(2)25,000(3)D$26.15943,735D
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 shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
2. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.83 to $26.39 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.
Remarks:
/s/ Cameron Cohen as attorney-in-fact08/26/2026
** 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)