Remitly director sells 24,000 shares under trading plan

Remitly Global, Inc. director Joshua Hug reported open-market sales of a total of 24,000 shares of Common Stock on May 14–15, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025.

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported open-market sales of a total of 24,000 shares of Common Stock on May 14–15, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025. The reported sale prices include $23.32 and $23.31 per share on May 14 and $22.70 per share on May 15, with each line item reflecting a weighted average price from multiple trades within stated ranges. After these transactions, Hug continues to hold more than 3.4 million shares directly, and a family trust, for which his spouse is trustee, holds an additional 300,000 shares indirectly.

Insights

Insider trading analyst

Director’s 24,000-share Rule 10b5-1 sale looks routine relative to his multi-million-share stake.

Director Joshua Hug sold 24,000 Remitly Global shares in open-market transactions at prices between about $22.70 and the low $23 range. All reported sales were made under a pre-established Rule 10b5-1 trading plan, indicating they were scheduled in advance.

Following these sales, he still holds more than 3.4 million shares directly, while a family trust associated with him holds 300,000 shares indirectly. Given the pre-planned nature and small size versus his remaining position, these trades appear as routine portfolio management rather than a major change in ownership.

Insider Trade Summary 10b5-1

Net Seller: 24,000 shares

Net Sell 5 txns

Insider Hug Joshua

Role Director

Sold 24,000 shs ($552K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,500	$22.70	$148K
Sale	Common Stock	5,500	$22.70	$125K
Sale	Common Stock	6,500	$23.31	$152K
Sale	Common Stock	5,500	$23.32	$128K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,458,320 shares (Direct); Common Stock — 300,000 shares (Indirect, By Trust)

Footnotes (6)

1. F1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
2. F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.14 to $23.75 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. F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.14 to $23.73 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.
4. F4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $22.43 to $23.18 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.
5. F5. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.43 to $23.21 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.
6. F6. The securities are held by a family trust, of which the reporting person's spouse is the trustee.

Key Figures

Shares sold: 24,000 shares Sale price May 15: $22.70 per share Sale price May 14 (block 1): $23.32 per share +3 more

6 metrics

Shares sold 24,000 shares Total open-market sales reported on May 14–15, 2026

Sale price May 15 $22.70 per share Open-market sale of 5,500 and 6,500 shares

Sale price May 14 (block 1) $23.32 per share Open-market sale of 5,500 shares

Sale price May 14 (block 2) $23.31 per share Open-market sale of 6,500 shares

Direct holdings after trades more than 3,400,000 shares Approximate direct ownership after May 2026 sales

Family trust holdings 300,000 shares Indirect ownership held by a family trust

Key Terms

Rule 10b5-1 trading plan, weighted average price, family trust, open-market sale, +1 more

5 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.

weighted average price financial

"Weighted average price. These shares were sold in multiple transactions at prices ranging from..."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

family trust financial

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

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.

indirect ownership financial

"ownership_type: indirect, nature_of_ownership: By Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Director Joshua Hug reported selling 24,000 shares of Remitly Global Common Stock in open-market transactions. The sales occurred on May 14–15, 2026 at weighted average prices in the low‑$20s per share, as disclosed in the Form 4 filing.

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

The reported weighted average sale prices include $23.32 and $23.31 per share on May 14, 2026 and $22.70 per share on May 15, 2026. Each figure reflects multiple trades within specified intraday price ranges.

How many Remitly Global (RELY) shares does Joshua Hug hold after this Form 4?

After the reported sales, Joshua Hug continues to hold more than 3.4 million Remitly Global shares directly. In addition, a family trust associated with him, for which his spouse serves as trustee, holds 300,000 shares indirectly.

Were Joshua Hug’s Remitly Global (RELY) share sales made under a Rule 10b5-1 plan?

Yes. The Form 4 states these transactions were effected automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing decisions.

What does the family trust holding in Remitly Global (RELY) represent?

The filing notes 300,000 Remitly Global shares are held by a family trust, with Joshua Hug’s spouse acting as trustee. These trust-held shares are reported as indirect ownership linked to Hug, separate from his multi-million-share direct holdings.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/15/2026 - 06:26 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).

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 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)
05/14/2026

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	05/14/2026		S(1)		6,500	D	$23.31(2)	3,475,820	D
Common Stock	05/14/2026		S(1)		5,500	D	$23.32(3)	3,470,320	D
Common Stock	05/15/2026		S(1)		6,500	D	$22.7(4)	3,463,820	D
Common Stock	05/15/2026		S(1)		5,500	D	$22.7(5)	3,458,320	D
Common Stock								300,000	I	By Trust(6)

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 on December 11, 2025.

2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.14 to $23.75 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 $23.14 to $23.73 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.

4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $22.43 to $23.18 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.

5. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.43 to $23.21 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.

6. 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	05/15/2026
	** 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)