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Remitly (RELY) Insider Sales: CEO Disposes 29,166 Shares Under 10b5-1 Plan

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

Rhea-AI Filing Summary

Matthew B. Oppenheimer, Chief Executive Officer and Director of Remitly Global, Inc. (RELY), reported routine insider sales under a Rule 10b5-1 plan. On 08/12/2025 he sold 14,583 shares of common stock at a weighted average price of $19.36, leaving him with 4,183,683 shares beneficially owned. On 08/13/2025 he sold another 14,583 shares at a weighted average price of $19.71, after which he beneficially owned 4,169,100 shares. The Form 4 discloses that the transactions were effected automatically pursuant to an adopted Rule 10b5-1 trading plan and includes weighted average price ranges for the multiple trades that composed each sale. The filing is signed on behalf of the reporting person by an attorney-in-fact.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider conducted small, pre-planned sales via a 10b5-1 plan while retaining substantial share ownership.

The disclosed sales total 29,166 shares executed over two days under a Rule 10b5-1 plan, with weighted average prices of $19.36 and $19.71. The reporting person retained over 4.16 million shares after the transactions, indicating continued significant alignment with shareholders. As presented, these appear to be routine, pre-arranged dispositions rather than opportunistic trades; the filing provides weighted price ranges and offers to supply per-trade details on request.

TL;DR: Use of a documented 10b5-1 plan demonstrates compliance with insider trading protocols.

The Form 4 explicitly notes that the sales were effected automatically pursuant to a Rule 10b5-1 trading plan, which typically mitigates regulatory and governance concerns about insider timing. The report also documents substantial retained beneficial ownership (over 4.16 million shares), and the form is executed via attorney-in-fact, consistent with common filing practices. No other governance events or departures are disclosed.

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*
Oppenheimer Matthew B.

(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
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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 08/12/2025 S(1) 14,583 D $19.36(2) 4,183,683 D
Common Stock 08/13/2025 S(1) 14,583 D $19.71(3) 4,169,100 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. 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 $19.22 to $19.54 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.50 to $19.94 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.
Remarks:
/s/ Jeff Mason as attorney-in-fact 08/14/2025
** 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 transactions did Matthew B. Oppenheimer report on the Form 4 for RELY?

He reported two sales: 14,583 shares on 08/12/2025 at a weighted average price of $19.36, and 14,583 shares on 08/13/2025 at a weighted average price of $19.71.

Were the reported sales for RELY made under a 10b5-1 trading plan?

Yes. The Form 4 states the transactions were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

How many RELY shares does the reporting person beneficially own after these transactions?

After the sales the reporting person beneficially owned 4,169,100 shares according to the Form 4.

What prices were the RELY shares sold at according to the filing?

Weighted average prices are provided: $19.36 for the 08/12/2025 sales (range $19.22–$19.54) and $19.71 for the 08/13/2025 sales (range $19.50–$19.94).

Who signed the Form 4 filing for Matthew B. Oppenheimer?

The filing is signed by Jeff Mason as attorney-in-fact on 08/14/2025.
Remitly Global, Inc.

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United States
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