Remitly Global (RELY) CEO ends tax move with 741,840 shares

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) reported that Chief Executive Officer and director Sebastian J. Gunningham had 22,809 shares of common stock withheld on 2026-08-25 to satisfy tax withholding obligations related to the vesting of restricted stock units. After this withholding event, he directly holds 741,840 shares of Remitly common stock.

Insider Trade Summary

Net Seller: 22,809 shares

Net Sell 1 txn

Insider Gunningham Sebastian J

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	22,809	$26.59	$606K

Holdings After Transaction: Common Stock — 741,840 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Key Figures

Shares withheld for tax: 22,809 shares Reference price per share: $26.59 per share Shares held after transaction: 741,840 shares

3 metrics

Shares withheld for tax 22,809 shares Shares of common stock withheld on 2026-08-25 to satisfy tax withholding obligations on RSU vesting

Reference price per share $26.59 per share Price reported for the tax-withholding disposition of 22,809 shares

Shares held after transaction 741,840 shares Direct common stock holdings of Sebastian J. Gunningham following the 2026-08-25 transaction

Key Terms

restricted stock units, tax withholding obligations, Common Stock

3 terms

restricted stock units financial

"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.

tax withholding obligations financial

"shares withheld to satisfy tax withholding obligations in connection"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What insider transaction did RELY CEO Sebastian Gunningham report on this Form 4?

Sebastian J. Gunningham reported that 22,809 shares of Remitly Global, Inc. common stock were withheld on 2026-08-25 to cover tax withholding obligations arising from the vesting of restricted stock units.

Was the RELY Form 4 transaction a market sale of shares?

No. The Form 4 shows a code F transaction, described as payment of tax liability by delivering or withholding securities, with a footnote stating the shares were withheld for tax withholding obligations tied to RSU vesting.

How many RELY shares were withheld for taxes and at what reference price?

The filing reports 22,809 shares of Remitly common stock withheld at a reference price of $26.59 per share, in connection with satisfying tax withholding obligations on vested restricted stock units.

How many RELY shares does Sebastian Gunningham hold after this transaction?

Following the tax-withholding transaction, Sebastian Gunningham directly holds 741,840 shares of Remitly Global, Inc. common stock, as reported in the Form 4.

What does transaction code F mean in the RELY Form 4 filing?

Transaction code F indicates payment of tax liability by delivering or withholding securities. In this case, Remitly states that shares were withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/26/2026 - 06:03 PM Accepted by SEC EDGAR 08/26/2026 - 06:03 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).

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^*

Gunningham Sebastian J

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive 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)

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	08/25/2026		F		22,809(1)	D	$26.59	741,840	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

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Remarks:

	/s/ Emily Joung as attorney-in-fact	08/26/2026
	** 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)