Remitly (NASDAQ: RELY) CBO uses 15,788 shares to cover RSU taxes

Rhea-AI Filing Summary

For Remitly Global, Inc. (RELY), Chief Business Officer Pankaj Sharma reported a Form 4 transaction involving company common stock. On 2026-08-25, 15,788 shares of common stock were withheld at $26.59 per share to satisfy tax withholding obligations upon vesting of restricted stock units. After this tax-withholding disposition, Sharma directly holds 737,022 shares of Remitly common stock.

Insider Trade Summary

Net Seller: 15,788 shares

Net Sell 1 txn

Insider Sharma Pankaj

Role Chief Business Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	15,788	$26.59	$420K

Holdings After Transaction: Common Stock — 737,022 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Key Figures

Shares withheld for tax: 15,788 shares of Common Stock Per-share value for withholding: $26.59 per share Shares held after transaction: 737,022 shares of Common Stock

3 metrics

Shares withheld for tax 15,788 shares of Common Stock Shares withheld on 2026-08-25 to satisfy tax withholding obligations upon RSU vesting

Per-share value for withholding $26.59 per share Reported value for the 15,788 withheld shares

Shares held after transaction 737,022 shares of Common Stock Direct holdings of Pankaj Sharma following the 2026-08-25 transaction

Key Terms

restricted stock units, tax withholding obligations, Common Stock

3 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

"shares 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.

FAQ

What insider transaction did RELY executive Pankaj Sharma report on this Form 4?

Pankaj Sharma reported that 15,788 shares of Remitly common stock were withheld on 2026-08-25 to satisfy tax withholding obligations related to vesting restricted stock units, at a reported value of $26.59 per share.

Did Remitly (RELY) executive Pankaj Sharma sell shares in the open market?

No. The Form 4 states the Code F transaction represents shares withheld to satisfy tax withholding obligations upon RSU vesting, not an open-market sale.

How many RELY shares does Pankaj Sharma hold after this reported transaction?

Following the tax-withholding share disposition, Pankaj Sharma directly holds 737,022 shares of Remitly Global, Inc. common stock, as reported in the Form 4.

What was the price used for the RELY tax-withholding shares on this Form 4?

The Form 4 reports a value of $26.59 per share for the 15,788 shares of Remitly common stock that were withheld to cover tax obligations related to RSU vesting.

What does transaction code F mean in this RELY Form 4 filing?

In this filing, transaction code F is described as payment of tax liability by delivering or withholding securities, and the footnote explains the shares were withheld for RSU-related tax withholding.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/26/2026 - 06:02 PM Accepted by SEC EDGAR 08/26/2026 - 06:02 PM Learn about SEC filing dates

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

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^*

Sharma Pankaj

(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)
	Chief Business Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026

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	08/25/2026		F		15,788(1)	D	$26.59	737,022	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/ Cameron Cohen as attorney-in-fact	08/26/2026
	** 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)