STOCK TITAN

Remitly (RELY) director Joshua Hug sells 40,777 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported selling 40,777 shares of common stock in an open-market transaction at a weighted average price of $16.73 per share, executed under a pre-arranged Rule 10b5-1 trading plan. After the sale, he held 3,604,782 shares directly and 300,000 shares indirectly through a family trust.

Positive

  • None.

Negative

  • None.
Insider Hug Joshua
Role Director
Sold 40,777 shs ($682K)
Type Security Shares Price Value
Sale Common Stock 40,777 $16.73 $682K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,604,782 shares (Direct); 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.46 to $17.07 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.
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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 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 S(1) 40,777 D $16.73(2) 3,604,782 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.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.46 to $17.07 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 03/03/2026
** 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.

FAQ

What insider transaction did RELY director Joshua Hug report?

Joshua Hug reported selling 40,777 shares of Remitly Global common stock. The sale was an open-market transaction executed under a Rule 10b5-1 trading plan, which pre-schedules trades, and reflects part of his ongoing ownership management.

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

The reported weighted average sale price was $16.73 per share. Footnotes state the 40,777 shares were sold in multiple trades between $16.46 and $17.07, with full trade-level details available from the company or regulator on request.

How many Remitly shares does Joshua Hug own after the reported sale?

After the sale, Joshua Hug beneficially owned 3,604,782 shares directly. He also had an additional 300,000 shares held indirectly through a family trust, where his spouse serves as trustee, according to the disclosure.

Was the RELY insider sale by Joshua Hug part of a trading plan?

Yes. The filing states the sale was effected automatically under a Rule 10b5-1 trading plan. Such plans allow insiders to schedule trades in advance, helping separate personal trading decisions from day-to-day corporate developments.

What role does the family trust play in Joshua Hug’s Remitly holdings?

The filing discloses that 300,000 Remitly shares are held by a family trust. His spouse is the trustee of this trust, and these shares are reported as indirect beneficial ownership separate from his directly held shares.

How many RELY shares did Joshua Hug sell in this Form 4 filing?

He sold 40,777 shares of Remitly Global common stock. The transaction is classified as an open-market sale, with a reported weighted average price and detailed price range between $16.46 and $17.07 per share.