Remitly (NASDAQ: RELY) CLCAO reports 31,638-share tax withholding event

Rhea-AI Filing Summary

Remitly Global, Inc. executive Somalya Saema, the company’s CLCAO, reported a routine tax-related share disposition. On the reported date, 31,638 shares of common stock were withheld at $21.89 per share to cover tax withholding obligations tied to vesting of restricted stock units, rather than through an open-market sale. After this withholding, Saema directly holds 56,390 shares of Remitly common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Somalya Saema

Role CLCAO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	31,638	$21.89	$693K

Holdings After Transaction: Common Stock — 56,390 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 31,638 shares Withholding price per share: $21.89 per share Shares held after transaction: 56,390 shares

3 metrics

Shares withheld for taxes 31,638 shares Tax withholding from RSU vesting

Withholding price per share $21.89 per share Value used for tax-withholding disposition

Shares held after transaction 56,390 shares Direct common stock holdings post-withholding

Key Terms

restricted stock units, tax withholding obligations, Common Stock, tax-withholding disposition

4 terms

restricted stock units financial

"in connection with the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"withheld to satisfy tax withholding obligations in connection"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

X

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		F		31,638(1)	D	$21.89	56,390	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

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Remitly (RELY) executive Somalya Saema report in this Form 4?

Somalya Saema reported a tax-related share disposition. 31,638 Remitly common shares were withheld to satisfy tax obligations from restricted stock unit vesting, leaving 56,390 shares held directly after the transaction.

Was the Remitly (RELY) Form 4 transaction an open-market sale or purchase?

The transaction was not an open-market trade. Shares were withheld to cover tax obligations from restricted stock unit vesting, rather than being bought or sold on the open market for investment purposes.

How many Remitly (RELY) shares were withheld for taxes in the Form 4 filing?

The filing shows 31,638 Remitly common shares withheld. These shares satisfied tax withholding obligations arising when restricted stock units vested, as described in the accompanying Form 4 footnote.

How many Remitly (RELY) shares does Somalya Saema hold after this Form 4 event?

Following the tax-withholding transaction, Somalya Saema directly holds 56,390 shares of Remitly common stock. This figure reflects the position after 31,638 shares were withheld for tax obligations tied to restricted stock unit vesting.

What does the F transaction code mean in the Remitly (RELY) Form 4?

The F code represents a tax-withholding disposition. It indicates shares were delivered back to the issuer to pay exercise price or tax liabilities, here specifically to cover taxes from restricted stock unit vesting.

Does this Remitly (RELY) Form 4 indicate a change in Somalya Saema’s investment view?

The filing reflects routine tax withholding, not a discretionary trade. Shares were withheld automatically to cover tax obligations on restricted stock unit vesting, so it does not directly signal a change in investment outlook.