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  4. [Form 4] Remitly Global, Inc. Insider Trading Activity

Remitly (RELY) grants RSU awards to Chief Business Officer Sharma

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. reported that Chief Business Officer Pankaj Sharma received equity compensation in the form of restricted stock units (RSUs). The Form 4 shows two grants of Common Stock RSUs that cost him no cash and are tied to continued service with the company.

One RSU grant covers 118,440 shares, and a second covers 15,280 shares. According to the footnotes, each RSU converts into one share of Remitly common stock upon settlement. For each grant, 25% vests on a specified May 25 date, then the remaining 75% vests in equal quarterly installments, contingent on Sharma continuing to provide services on each vesting date.

Positive

  • None.

Negative

  • None.
Insider Sharma Pankaj
Role Chief Business Officer
Type Security Shares Price Value
Grant/Award Common Stock 15,280 $0.00 --
Grant/Award Common Stock 118,440 $0.00 --
Holdings After Transaction: Common Stock — 681,158 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to 1/4 of the total shares underlying the RSUs on May 25, 2026, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date. Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to 1/4 of the total shares underlying the RSUs on May 25, 2029, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.
RSU grant size 118,440 RSUs Equity award of Remitly common stock RSUs
Additional RSU grant 15,280 RSUs Second equity award of Remitly common stock RSUs
Initial vesting tranche 25% of each RSU grant Vests on the respective May 25 vesting date for each grant
restricted stock units (RSUs) financial
"Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting financial
"The RSUs vest as to 1/4 of the total shares underlying the RSUs on May 25"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement"
settlement financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
Form 4 Insider Transactions: What Each Field Means →
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).
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*
Sharma Pankaj
(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 Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026		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 Stock04/29/2026A15,280(1)A$0681,158D
Common Stock04/29/2026A118,440(2)A$0799,598D
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 a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to 1/4 of the total shares underlying the RSUs on May 25, 2026, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.
2. Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to 1/4 of the total shares underlying the RSUs on May 25, 2029, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.
Remarks:
/s/ Jeff Mason as attorney-in-fact05/01/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did Pankaj Sharma report for Remitly (RELY)?

Pankaj Sharma reported receiving two grants of restricted stock units (RSUs) tied to Remitly common stock. One award covers 118,440 RSUs and the other 15,280 RSUs. Each RSU represents a right to receive one share of common stock if the vesting conditions are met.

How many RSUs did Pankaj Sharma receive in the latest Remitly Form 4?

The filing shows Pankaj Sharma received 118,440 RSUs in one grant and 15,280 RSUs in a second grant. These RSUs are a form of stock-based compensation that will convert into Remitly common shares over time as vesting conditions based on continued service are satisfied.

What is the vesting schedule for Pankaj Sharma’s new Remitly RSUs?

Each RSU grant vests 25% on its initial May 25 vesting date, with the remaining 75% vesting in equal quarterly installments. Vesting continues only if Pankaj Sharma remains in service with Remitly on each vesting date, making these awards contingent on ongoing employment.

Are Pankaj Sharma’s RSU grants at Remitly open-market stock purchases?

No, the Form 4 describes the transactions as RSU grants, not open-market purchases. The RSUs were awarded at no cash cost to Sharma as equity compensation and will settle into Remitly common shares over time, subject to the specified vesting and service conditions.

What does each RSU granted to Pankaj Sharma by Remitly represent?

Each RSU represents a contingent right to receive one share of Remitly’s common stock upon settlement. The RSUs only convert into shares as they vest, and vesting requires Pankaj Sharma to continue providing service to Remitly through each scheduled vesting date described in the grant terms.