[Form 4] Remitly Global, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sinha Ankur reported acquisition or exercise transactions in this Form 4 filing.
Remitly Global, Inc. reported that Chief Product and Tech Officer Ankur Sinha received a grant of 125,172 restricted stock units of common stock. Each RSU represents one share upon settlement. Following this award, he holds 1,305,566 shares directly.
The RSUs vest as to one quarter of the total shares on May 25, 2029, with the remaining shares vesting in equal quarterly installments thereafter, conditioned on continued service. The filing also notes a clerical correction to previously reported beneficial ownership amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sinha Ankur
Role
Chief Product and Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 125,172 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,305,566 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to 1/4 of the total shares underlying the RSUs on May 25, 2029, 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 The reported amount reflects an adjustment to correct a clerical error in the Reporting Person's previous filings as to the amount of securities beneficially owned.