Remitly Insider Filing: RSU Vesting and Share Sale by CTO

Rhea-AI Filing Summary

Remitly Global, Inc. (RELY) Form 4: Chief Product and Tech Officer Ankur Sinha reported the vesting and settlement of restricted stock units and a contemporaneous disposition on 08/25/2025. A tranche of 66,580 RSUs vested and were settled into shares, increasing his beneficial ownership to 435,746 shares. The filing also shows a sale of 26,586 shares at $19.05 per share, leaving 409,160 shares directly owned after the sale. The RSUs originally vest 1/4 on February 25, 2023, then 1/16 quarterly thereafter, subject to continued service.

Positive

• 66,580 RSUs vested and converted to shares, demonstrating compensation alignment with long-term incentive plan
• Filing discloses sale price and quantities, providing transparency under Section 16 reporting rules

Negative

• Sale of 26,586 shares at $19.05 reduced the reporting person's direct holdings from post-settlement levels
• Insider sale may be viewed by some investors as a liquidity event, though no explanation is provided in the filing

Insights

Financial Analyst

TL;DR: Routine executive equity vesting with a small sale; not materially transformative for shareholders.

The Form 4 documents standard equity compensation mechanics: 66,580 RSUs vested and were converted to common stock, and 26,586 shares were sold at $19.05. The net increase in holdings from the RSU settlement is offset in part by the sale, leaving the reporting person with 409,160 shares directly. This is a common liquidity event for executives and does not by itself indicate a change in company fundamentals.

Corporate Governance Expert

TL;DR: Disclosure is timely and follows expected vesting schedule; filings show transparency.

The report specifies the vesting schedule and settlement mechanics for RSUs, and the sale is recorded with price and quantity. The filing appears complete for the transactions disclosed and includes attorney-in-fact signature, fulfilling Section 16 reporting requirements. No governance irregularities are evident from the provided entries.

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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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).

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^*

Sinha Ankur

(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)
	Chief Product and Tech Officer

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		66,580(1)	A	(2)	435,746	D
Common Stock	08/25/2025		F		26,586	D	$19.05	409,160	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			66,580	(3)	(3)	Common Stock	66,580	$0	133,162	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 vested as to 1/4 of the total shares underlying the RSUs on February 25, 2023, and then 1/16 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/ 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 transactions did Ankur Sinha report on the Form 4 for RELY?

The report shows 66,580 RSUs vested and were settled into common stock and a sale of 26,586 shares at $19.05 per share on 08/25/2025.

How many shares does Ankur Sinha beneficially own after the reported transactions (RELY)?

After the transactions, the filing reports 409,160 shares directly beneficially owned by the reporting person.

What is the vesting schedule disclosed for the RSUs in the RELY Form 4?

The RSUs vested 1/4 on February 25, 2023 and then 1/16 of the total shares vested quarterly thereafter, subject to continued service.

Who signed the Form 4 filing for Ankur Sinha (RELY)?

The filing was signed by /s/ Jered Fahey as attorney-in-fact on 08/27/2025.

What role does the reporting person hold at Remitly (RELY)?

The reporting person is listed as Chief Product and Tech Officer and is an officer of the issuer.