Remitly (RELY) CLCAO logs RSU vesting and tax-share disposition

Rhea-AI Filing Summary

Remitly Global, Inc. executive Somalya Saema reported equity compensation activity involving restricted stock units (RSUs) and common stock. On February 25, 2026, 21,722 RSUs vested and were converted into 21,722 shares of common stock at a stated price of $0.00 per share, reflecting a non-cash settlement of previously granted awards.

On the same date, 5,845 shares of common stock were disposed of at $16.19 per share to cover tax obligations associated with the RSU vesting, characterized as a tax-withholding disposition rather than an open-market sale. Following these transactions, Saema directly held 332,555 shares of common stock. A footnote explains that the total reported holdings in the non-derivative table include 241,200 unvested RSUs previously reported as derivatives and 83,727 shares of common stock, which include 7,628 shares acquired under the company’s 2021 Employee Stock Purchase Plan. The RSUs vest over time, with one-quarter vesting on May 25, 2025 and additional quarters vesting quarterly thereafter, subject to continued service.

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

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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^*

Somalya Saema

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CLCAO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		M		21,722(1)	A	(2)	89,572	D
Common Stock	02/25/2026		F		5,845	D	$16.19	332,555(3)	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)	02/25/2026		M			21,722	(4)	(4)	Common Stock	21,722	$0	0	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 reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 241,200 unvested RSUs previously reported in Table II and 83,727 shares of common stock, which includes 7,628 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan.

4. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, 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-fact	02/27/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did Somalya Saema report at Remitly (RELY)?

Somalya Saema reported RSU vesting and related stock movements. On February 25, 2026, 21,722 RSUs converted into 21,722 common shares, and 5,845 shares were withheld at $16.19 each to satisfy tax obligations tied to the vesting event.

Were Somalya Saema’s Remitly (RELY) transactions open-market stock sales?

No, the filing characterizes the disposition as a tax-withholding event. 5,845 shares of common stock were delivered at $16.19 per share to cover tax liabilities from RSU vesting, rather than being sold as a discretionary open-market transaction.

How many Remitly (RELY) shares did Somalya Saema hold after these Form 4 transactions?

After the reported transactions, Somalya Saema directly held 332,555 shares of Remitly common stock. A footnote adds that reported totals also include 241,200 unvested RSUs and 83,727 common shares, including 7,628 acquired under the 2021 Employee Stock Purchase Plan.

What RSU vesting schedule applies to Somalya Saema’s Remitly (RELY) awards?

The RSUs vested as to one-quarter of the total shares on May 25, 2025. The remaining RSUs vest in additional one-quarter increments on subsequent quarterly dates, provided Saema continues to provide service to Remitly on each applicable vesting date.

What does each RSU represent in Somalya Saema’s Remitly (RELY) Form 4 filing?

Each RSU represents a contingent right to receive one share of Remitly common stock upon settlement. As the RSUs vest, they convert into an equivalent number of common shares, as shown by the 21,722 RSUs converting into 21,722 shares on February 25, 2026.