Remitly (NASDAQ: RELY) director receives 714 shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Remitly Global director Margaret Mary Smyth acquired 714 shares of common stock through the vesting of restricted stock units (RSUs). On February 25, 2026, 714 RSUs vested and were settled into 714 shares at a price of $0.00 per share.
The RSUs were granted on June 11, 2025 and are scheduled to vest in four equal installments on August 25, November 25, February 25, and May 25 following the grant date, with any remaining units vesting in full on the earlier of the 2026 annual stockholders’ meeting or June 11, 2026, subject to continued service. After this transaction, Smyth directly holds 85,499 common shares, which includes both unvested RSUs and previously held stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
714 shares exercised/converted
Mixed
2 txns
Insider
Smyth Margaret Mary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 714 | $0.00 | -- |
| Exercise | Common Stock | 714 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 shares (Direct);
Common Stock — 85,499 shares (Direct)
Footnotes (1)
- Reflects the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 31,193 unvested RSUs previously reported in Table II and 54,306 shares of common stock. The RSUs were granted on June 11, 2025, and will vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date. The total reported in Table I, Column 5, includes 715 unvested RSUs remaining under this RSU award previously reported in Table II.