Remitly (NASDAQ: RELY) director Joshua Hug sells 33,600 shares in pre-set plan

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported open-market sales of 33,600 shares of Common Stock in two transactions. On June 29, 2026, he sold 16,800 shares at a weighted average price of $22.97, and on June 30, 2026, he sold 16,800 shares at a weighted average price of $22.53.

The filing states these trades were executed automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Following the transactions, Hug directly holds 3,368,657 shares, and a separate family trust, for which his spouse is trustee, holds 300,000 shares as an indirect position.

Insights

Equity compensation & insider-trading analyst

Director’s sales are modest relative to holdings and pre-planned under Rule 10b5-1.

Director Joshua Hug sold a total of 33,600 shares of Remitly Global Common Stock in open-market transactions at weighted average prices of $22.97 and $22.53. These are classified as non-derivative sales, not option exercises or conversions.

The footnotes state the trades were executed automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025, which typically indicates pre-scheduled activity rather than discretionary timing. After these sales, Hug directly owns 3,368,657 shares and there is an additional 300,000-share position held indirectly via a family trust.

The sold amount is small compared with his reported direct stake, suggesting a routine liquidity event rather than a major repositioning. There are no remaining derivative positions reported in this filing, and no indication of tax-withholding, gifts, or restructurings, so the economic signal is limited to these open-market sales.

Insider Trade Summary 10b5-1

Net Seller: 33,600 shares ($764,400)

Net Sell 3 txns

Insider Hug Joshua

Role null

Sold 33,600 shs ($764K)

Type	Security	Shares	Price	Value
Sale	Common Stock	16,800	$22.53	$379K
Sale	Common Stock	16,800	$22.97	$386K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,368,657 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 $22.37 to $22.91 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.

Key Figures

Shares sold total: 33,600 shares Sale price June 29: $22.97 per share Sale price June 30: $22.53 per share +2 more

5 metrics

Shares sold total 33,600 shares Open-market sales reported in this Form 4

Sale price June 29 $22.97 per share Weighted average price for 16,800 shares sold June 29, 2026

Sale price June 30 $22.53 per share Weighted average price for 16,800 shares sold June 30, 2026

Direct holdings after trades 3,368,657 shares Common Stock directly owned after reported sales

Indirect trust holdings 300,000 shares Shares held by a family trust with spouse as trustee

Key Terms

Rule 10b5-1 trading plan, weighted average price, family trust, open-market sale

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025."

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 from $22.37 to $22.91 inclusive."

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.

family trust financial

"The securities are held by a family trust, of which the reporting person's spouse is the trustee."

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 05:53 PM Accepted by SEC EDGAR 06/30/2026 - 05:53 PM Learn about SEC filing dates

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).

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/29/2026		S(1)		16,800	D	$22.97	3,385,457	D
Common Stock	06/30/2026		S(1)		16,800	D	$22.53(2)	3,368,657	D
Common Stock								300,000	I	By Trust(3)

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

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 $22.37 to $22.91 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. 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-fact	06/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

How many Remitly (RELY) shares did director Joshua Hug sell in this Form 4?

Director Joshua Hug sold a total of 33,600 shares of Remitly Global, Inc. Common Stock. The sales occurred in two equal blocks of 16,800 shares each on June 29 and June 30, 2026, at weighted average prices of $22.97 and $22.53 respectively.

At what prices did Joshua Hug’s Remitly (RELY) share sales occur?

The reported sales were executed at weighted average prices of $22.97 and $22.53 per share. The filing notes multiple trades within each range, with individual sale prices between $22.37 and $22.91, and the insider offers to provide detailed price breakdowns upon request.

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

Yes. The filing states the transaction was effected automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, indicating the timing of these sales was planned in advance rather than being a discretionary market-timing decision.

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

After the reported sales, Joshua Hug directly owns 3,368,657 shares of Remitly Global Common Stock. In addition, a family trust, for which his spouse serves as trustee, holds 300,000 shares, which are reported as indirect ownership in the Form 4 filing.

What does the family trust holding mean in the Remitly (RELY) Form 4 for Joshua Hug?

The Form 4 shows 300,000 shares held indirectly "By Trust," with a footnote explaining they are held by a family trust whose trustee is Hug’s spouse. This indicates a separate, trust-held position distinct from his direct 3,368,657-share ownership reported after the sales.

Does the Remitly (RELY) Form 4 report any option exercises or derivative transactions?

No. The filing only reports non-derivative Common Stock transactions classified as open-market sales. The derivative section is empty, and the transaction summary shows no option exercises, conversions, tax-withholding entries, gifts, or restructuring-related transfers in this particular Form 4.