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Remitly Global (RELY) director logs small 1,430-share planned sale

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

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported an open-market sale of 1,430 shares of common stock at $15.99 per share. After this trade, he directly holds 3,574,303 shares and has an additional 300,000 shares held indirectly through a family trust. The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025, indicating it was part of a scheduled diversification strategy rather than a discretionary market-timing decision.

Positive

  • None.

Negative

  • None.
Insider Hug Joshua
Role Director
Sold 1,430 shs ($23K)
Type Security Shares Price Value
Sale Common Stock 1,430 $15.99 $23K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,574,303 shares (Direct); Common Stock — 300,000 shares (Indirect, By Trust)
Footnotes (1)
  1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Shares sold 1,430 shares Open-market sale of common stock on April 6, 2026
Sale price $15.99 per share Price for the 1,430 shares sold
Direct holdings after sale 3,574,303 shares Common stock directly owned following the reported transaction
Indirect trust holdings 300,000 shares Common stock held by a family trust with spouse as trustee
Rule 10b5-1 trading plan financial
"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.
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.
family trust financial
"The securities are held by a family trust, of which the reporting person's spouse is the trustee"
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).
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026		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 Stock04/06/2026S(1)1,430D$15.993,574,303D
Common Stock300,000IBy Trust(2)
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. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
2. 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-fact04/07/2026
** 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 insider transaction did Joshua Hug report at Remitly (RELY)?

Director Joshua Hug reported an open-market sale of 1,430 shares of Remitly common stock at $15.99 per share. The transaction occurred on April 6, 2026, and was classified as a standard non-derivative sale of common stock.

How large was Joshua Hug’s recent Remitly (RELY) stock sale relative to his holdings?

He sold 1,430 shares while directly holding 3,574,303 shares afterward, making the sale a very small portion of his position. He also has 300,000 additional shares held indirectly through a family trust associated with him.

Was Joshua Hug’s Remitly (RELY) stock sale made under a Rule 10b5-1 plan?

Yes, the filing states the transaction was effected automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as an indicator of insider sentiment.

What price did Joshua Hug receive for his sold Remitly (RELY) shares?

The reported sale price was $15.99 per share for 1,430 shares of Remitly common stock. This figure reflects the average price per share for the open-market sale disclosed in the Form 4 insider transaction filing.

How many Remitly (RELY) shares does Joshua Hug hold indirectly through a trust?

He has 300,000 Remitly common shares reported as held indirectly by a family trust, for which his spouse serves as trustee. These trust-held shares are reported as indirect ownership separate from his directly held position.