Remitly director sells 476 shares under 10b5-1 plan

Remitly Global, Inc. director Joshua Hug reported a small open-market sale of company stock.

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported a small open-market sale of company stock. On May 29, 2026, he sold 476 shares of common stock at $20.00 per share in an open-market transaction made under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025. After this sale, he directly holds 3,457,844 shares of Remitly common stock. The filing also shows 300,000 shares of common stock held indirectly through a family trust, for which his spouse serves as trustee.

Insider Trade Summary 10b5-1

Net Seller: 476 shares

Net Sell 2 txns

Insider Hug Joshua

Role Director

Sold 476 shs ($10K)

Type	Security	Shares	Price	Value
Sale	Common Stock	476	$20.00	$10K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,457,844 shares (Direct); Common Stock — 300,000 shares (Indirect, By Trust)

Footnotes (2)

1. F1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
2. F2. The securities are held by a family trust, of which the reporting person's spouse is the trustee.

Key Figures

Shares sold: 476 shares Sale price per share: $20.00/share Direct holdings after sale: 3,457,844 shares +2 more

5 metrics

Shares sold 476 shares Open-market sale on May 29, 2026

Sale price per share $20.00/share Open-market sale on May 29, 2026

Direct holdings after sale 3,457,844 shares Common stock held directly after reported transaction

Indirect trust holdings 300,000 shares Common stock held by family trust with spouse as trustee

Rule 10b5-1 plan adoption date December 11, 2025 Trading plan governing the May 29, 2026 sale

Key Terms

Rule 10b5-1 trading plan, family trust, open-market sale, indirect ownership

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

family trust financial

"The securities are held by a family trust, of which the reporting person's spouse is the trustee."

open-market sale financial

"transaction_action: open-market sale; transaction_code_description: Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"direct_or_indirect: I, nature_of_ownership: By Trust, indicating indirect ownership through a trust."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Joshua Hug report for Remitly (RELY)?

Joshua Hug reported selling 476 shares of Remitly common stock at $20.00 per share. The transaction was an open-market sale and is recorded as a Form 4 insider filing with the SEC for transparency on director trading activity.

Was Joshua Hug’s Remitly (RELY) stock sale pre-planned under a Rule 10b5-1 plan?

Yes. The filing states the transaction was executed automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as an indicator of the insider’s current views.

How many Remitly (RELY) shares does Joshua Hug hold after this Form 4 sale?

After selling 476 shares, Joshua Hug directly holds 3,457,844 Remitly common shares. The filing also reports an additional 300,000 shares held indirectly through a family trust, where his spouse serves as trustee, reflecting a substantial ongoing ownership position.

What price did Joshua Hug receive per share in the Remitly (RELY) sale?

The reported sale price was $20.00 per share for the 476 Remitly common shares sold. This price is specified in the Form 4 as the transaction price per share in the open-market sale recorded on May 29, 2026.

How many Remitly (RELY) shares are held in the family trust mentioned in the Form 4?

The Form 4 shows 300,000 Remitly common shares held indirectly by a family trust. The filing notes that the reporting person’s spouse is the trustee, indicating these shares are held in a separate trust account rather than directly by Joshua Hug.

Does the Form 4 show any Remitly (RELY) derivative securities for Joshua Hug?

No derivative securities are listed for Joshua Hug in this Form 4. The derivativeSummary section is empty, and the reported positions consist solely of Remitly common stock held directly and indirectly through the family trust as disclosed.

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

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Accepted by SEC EDGAR 05/29/2026 - 05:30 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).

X

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^*

Hug Joshua

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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	05/29/2026		S(1)		476	D	$20	3,457,844	D
Common Stock								300,000	I	By Trust(2)

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. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

2. The securities are held by a family trust, of which the reporting person's spouse is the trustee.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	05/29/2026
	** 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)