Pre-planned sale as Remitly Global, Inc. (RELY) director trims stake

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported an open-market sale of 33,600 shares of Common Stock at $21.03 per share. The transaction occurred on June 1, 2026 and was executed automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. After this sale, Hug directly owns 3,424,244 shares and indirectly owns 300,000 shares held by a family trust for which his spouse serves as trustee.

Insider Trade Summary 10b5-1

Net Seller: 33,600 shares ($706,608)

Net Sell 2 txns

Insider Hug Joshua

Role null

Sold 33,600 shs ($707K)

Type	Security	Shares	Price	Value
Sale	Common Stock	33,600	$21.03	$707K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,424,244 shares (Direct, null); Common Stock — 300,000 shares (Indirect, By Trust)

Footnotes (1)

This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. The securities are held by a family trust, of which the reporting person's spouse is the trustee.

Key Figures

Shares sold: 33,600 shares Sale price: $21.03 per share Direct holdings after sale: 3,424,244 shares +1 more

4 metrics

Shares sold 33,600 shares Open-market sale of Common Stock on June 1, 2026

Sale price $21.03 per share Price for 33,600 shares of Common Stock sold

Direct holdings after sale 3,424,244 shares Common Stock directly owned following the transaction

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

Key Terms

Rule 10b5-1 trading plan, family trust, trustee, 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"

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.

family trust financial

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

trustee financial

"of which the reporting person's spouse is the trustee"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

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 →

06/02/2026 - 05:18 PM

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).

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)
06/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		S⁽¹⁾		33,600	D	$21.03	3,424,244	D
Common Stock								300,000	I	By Trust⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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. 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	06/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Remitly (RELY) director Joshua Hug report?

Director Joshua Hug reported selling 33,600 shares of Remitly Common Stock. The shares were sold at $21.03 each in an open-market transaction executed under a pre-established Rule 10b5-1 trading plan adopted on December 11, 2025.

At what price did Joshua Hug sell Remitly (RELY) shares?

The reported sale was executed at $21.03 per share of Remitly Common Stock. This price applies to the 33,600 shares sold in the open-market transaction reported for June 1, 2026.

How many Remitly (RELY) shares does Joshua Hug hold after the transaction?

After the reported sale, Joshua Hug directly owns 3,424,244 shares of Remitly Common Stock. He also has indirect ownership of 300,000 additional shares held through a family trust for which his spouse is the trustee.

Was the Remitly (RELY) insider sale part of a Rule 10b5-1 plan?

Yes. The filing states the sale was effected automatically under a Rule 10b5-1 trading plan. That plan was adopted by Joshua Hug on December 11, 2025, indicating the transaction was pre-scheduled rather than timed at discretion.

How are Joshua Hug’s indirect Remitly (RELY) holdings structured?

The filing notes that 300,000 shares of Remitly Common Stock are held by a family trust. In this arrangement, the reporting person’s spouse serves as trustee, so these shares are reported as indirectly owned by Joshua Hug.

Does the Form 4 show any derivative securities for Remitly (RELY)?

No derivative securities are listed in this Form 4. The derivative section is empty, and the reported activity relates only to non-derivative Common Stock holdings and the single open-market sale of 33,600 shares.