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Remitly Global (RELY) director exercises 370K options, sells 260K shares

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

Rhea-AI Filing Summary

Remitly Global, Inc. director Phillip John Riese reported a series of option exercises and share sales. On August 7 and 11, 2026, he exercised stock options covering 370,182 shares of common stock at an exercise price of $0.6400 per share, receiving an equal number of common shares. Over the same dates, he sold an aggregate of 260,182 common shares in multiple transactions at weighted average prices of $24.94, $23.69, and $23.77 per share, as detailed in the footnotes.

Positive

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Negative

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Insider Riese Phillip John
Role Director
Sold 260,182 shs ($6.37M)
Approx. gross sale proceeds $6.37M
Approx. exercise cost $237K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F4 100,000 $0.00 $0.00
Exercise Common Stock 100,000 $0.64 $64K
Sale Common Stock F2 50,000 $23.69 $1.18M
Sale Common Stock F3 50,000 $23.77 $1.19M
Exercise Stock Option (right to buy) F4 270,182 $0.00 $0.00
Exercise Common Stock 270,182 $0.64 $173K
Sale Common Stock F1 160,182 $24.94 $3.99M
Holdings After Transaction: Stock Option (right to buy) — 69,818 shares (Direct); Common Stock — 261,094 shares (Direct)
Footnotes (4)
  1. F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.79 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  2. F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.54 to $24.18 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  3. F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.31 to $23.99 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  4. F4. The option became fully vested and exercisable on December 15, 2017.
Options exercised 370,182 shares Stock options exercised into common stock on August 7 and 11, 2026
Shares sold 260,182 shares Aggregate common shares sold in reported transactions
Option exercise price $0.6400 per share Exercise price for stock options converted into common stock
Sale on Aug 7, 2026 160,182 shares at $24.9400 Weighted average price sale of common stock with range $24.50–$25.79
Sale on Aug 11, 2026 50,000 shares at $23.6900 Weighted average price sale with range $23.54–$24.18
Second sale on Aug 11, 2026 50,000 shares at $23.7700 Weighted average price sale with range $23.31–$23.99
Option expiration date 2027-01-30 Expiration for the exercised stock option grants
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

What insider transactions did Remitly (RELY) director Phillip John Riese report?
Director Phillip John Riese reported exercising stock options for 370,182 Remitly (RELY) shares at $0.6400 per share and selling 260,182 common shares in market transactions at weighted average prices between $23.31 and $25.79.

How many Remitly (RELY) stock options did Phillip John Riese exercise in August 2026?
He exercised options covering a total of 370,182 shares of Remitly (RELY) common stock at an exercise price of $0.6400 per share, in two tranches dated August 7 and August 11, 2026.

How many Remitly (RELY) shares did Phillip John Riese sell and at what prices?
Riese sold 260,182 Remitly (RELY) common shares in multiple transactions with weighted average prices of $24.94, $23.69, and $23.77 per share, across different trades on August 7 and August 11, 2026.

Were Phillip John Riese’s Remitly (RELY) share sales executed as multiple trades?
Yes. Footnotes state the reported prices are weighted averages, with the Remitly (RELY) shares sold in multiple transactions within price ranges of $24.50–$25.79, $23.54–$24.18, and $23.31–$23.99 per share.

What is the exercise price of the Remitly (RELY) options exercised by Phillip John Riese?
The stock options exercised by Riese had an exercise price of $0.6400 per share. A related footnote explains that the option became fully vested and exercisable on December 15, 2017.

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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).
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*
Riese Phillip John
(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)
08/07/2026		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 Stock08/07/2026M270,182A$0.64421,276D
Common Stock08/11/2026M100,000A$0.64521,276D
Common Stock08/07/2026S160,182D$24.94(1)361,094D
Common Stock08/11/2026S50,000D$23.69(2)311,094D
Common Stock08/11/2026S50,000D$23.77(3)261,094D
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
Stock Option (right to buy)$0.6408/07/2026M270,182 (4)01/30/2027Common Stock270,182$0169,818D
Stock Option (right to buy)$0.6408/11/2026M100,000 (4)01/30/2027Common Stock100,000$069,818D
Explanation of Responses:
1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.79 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.54 to $24.18 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.31 to $23.99 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
4. The option became fully vested and exercisable on December 15, 2017.
Remarks:
/s/ Jeff Mason as attorney-in-fact08/11/2026
** 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