Remitly (RELY) Form 4 – 566 RSUs Vest for Director, Ownership Now 41,715

Rhea-AI Filing Summary

Remitly Global, Inc. insider reported RSU vesting and resulting share ownership. Director Laurent Le Moal had 566 RSUs vest on 08/25/2025, each convertible into one share, and acquired those shares, bringing his direct beneficial ownership in common stock to 41,715 shares. The RSUs were granted on 06/11/2025 and vest in four equal installments on August 25, November 25, February 25, and May 25 after the grant date, with accelerated vesting provisions tied to the 2026 annual meeting or June 11, 2026, subject to continued service.

Positive

• 566 RSUs vested, converting to common stock and increasing the director's direct ownership to 41,715 shares
• Vesting schedule includes clear milestones and acceleration provisions, aligning director incentives with shareholder timelines

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine equity compensation vesting for a director; aligns interests with shareholders with no unusual dilution.

The filing documents the scheduled vesting of 566 RSUs into common shares for Director Laurent Le Moal, increasing his direct holdings to 41,715 shares. This is standard compensation mechanics rather than an active market purchase or sale, and it reflects time-vested alignment rather than a change in control or material transfer. The grant includes acceleration triggers tied to the 2026 annual meeting timeline, which is typical for new hire or retention grants and should be viewed as governance/retention-related.

Securities Analyst

TL;DR: Non-cash issuance from RSU vesting; immaterial market impact but increases insider ownership modestly.

The transaction code indicates vesting (code M) of 566 RSUs on 08/25/2025, settled into common stock at $0 reported price for RSU settlement mechanics. The nature of the transaction is compensation-driven rather than an open-market trade, so it does not signal insider buying or selling intentions. With total post-transaction holdings at 41,715 shares, the change is small relative to typical public float sizes and is unlikely to be market-moving.

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
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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^*

Le Moal Laurent

(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)
08/25/2025

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	08/25/2025		M		566(1)	A	(2)	41,715	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
Restricted Stock Units (RSUs)	(2)	08/25/2025		M			566	(3)	(3)	Common Stock	566	$0	1,698	D

Explanation of Responses:

1. Reflects the vesting of RSUs.

2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.

3. The RSUs were granted on June 11, 2025, and will vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date.

Remarks:

	/s/ Jered Fahey as attorney-in-fact	08/27/2025
	** 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 did Laurent Le Moal report on Form 4 for RELY?

The director reported the vesting of 566 RSUs on 08/25/2025, which converted into shares and brought his direct ownership to 41,715 shares.

Were the shares acquired by purchase or vesting in the RELY Form 4?

The shares were acquired through vesting of RSUs (transaction code M), not an open-market purchase.

When were the RSUs granted and what is the vesting schedule?

The RSUs were granted on 06/11/2025 and vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant date, with potential acceleration to the earlier of the 2026 annual meeting or June 11, 2026, subject to service.

Does the Form 4 indicate any sales or disposals by the reporting person?

No; the Form 4 shows acquisition via RSU vesting and reports 41,715 shares beneficially owned after the transaction.

Was there a cash price for the RSU settlement reported?

The filing reports an RSU settlement price of $0, indicating conversion mechanics rather than a cash purchase price.