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Remitly Global (NASDAQ: RELY) director Hug sells 687,768 shares via 10b5-1 plan

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Form Type
4

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported selling 687,768 shares of common stock from July 15–17, 2026 in multiple open market or private transactions at prices between $23.78 and $25.75 per share, effected automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Following these sales, he holds 2,680,889 shares directly and 300,000 shares indirectly through a family trust for which his spouse serves as trustee.

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Insider Hug Joshua
Role Director
Sold 687,768 shs ($17.23M)
Type Security Shares Price Value
Sale Common Stock 5,500 $24.11 $133K
Sale Common Stock 362,000 $25.18 $9.12M
Sale Common Stock 5,500 $25.39 $140K
Sale Common Stock 314,768 $24.93 $7.85M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,680,889 shares (Direct); Common Stock — 300,000 shares (Indirect, By Trust)
Footnotes (1)
  1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.89 to $24.95 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.89 to $25.70 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.01 to $25.75 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.78 to $24.67 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. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Total shares sold 687768 shares Aggregate Remitly common shares sold by Joshua Hug from July 15–17, 2026
Shares sold July 15, 2026 314768.0000 shares Common stock sold on July 15, 2026 at weighted average price of $24.9300
Shares sold July 16, 2026 362000.0000 shares Common stock sold on July 16, 2026 at weighted average price of $25.1800
Additional shares sold July 16, 2026 5500.0000 shares Additional common stock sold on July 16, 2026 at weighted average price of $25.3900
Shares sold July 17, 2026 5500.0000 shares Common stock sold on July 17, 2026 at weighted average price of $24.1100
Direct holdings after sales 2680889.0000 shares Directly held Remitly common shares after the July 17, 2026 transaction
Indirect trust holdings 300000.0000 shares Remitly common shares held indirectly by a family trust as of July 15, 2026
Rule 10b5-1 trading plan financial
"This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan"
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.
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.
family trust financial
"The securities are held by a family trust, of which the reporting person's spouse"

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FAQ

What insider stock sale did Remitly (RELY) disclose for Joshua Hug?

Remitly disclosed that director Joshua Hug sold 687,768 shares of common stock between July 15 and 17, 2026. The shares were sold in multiple transactions under a pre-arranged Rule 10b5-1 trading plan at prices in the mid-$20s per share.

At what prices did Joshua Hug sell Remitly (RELY) shares in July 2026?

Joshua Hug’s sales occurred at weighted average prices within ranges from $23.78 to $25.75 per share. Each sale comprised multiple trades within its stated range, as detailed in the transaction footnotes describing the weighted average pricing.

How many Remitly (RELY) shares does Joshua Hug still own after these sales?

After the reported transactions, Joshua Hug holds 2,680,889 Remitly common shares directly. He also has an indirect interest in 300,000 shares held by a family trust, for which his spouse serves as trustee, according to the ownership disclosure.

Were Joshua Hug’s Remitly (RELY) stock sales made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected automatically under a Rule 10b5-1 trading plan adopted by Joshua Hug on December 11, 2025. The plan-based nature is also reflected in the affirmative Rule 10b5-1 checkbox and related footnote.

What is Joshua Hug’s position at Remitly (RELY) in this Form 4 filing?

The Form 4 identifies Joshua Hug as a director of Remitly Global, Inc. He is not listed as an officer or 10% owner in this filing, and the reported transactions involve his holdings of Remitly common stock, both direct and indirect through a family trust.

How are Joshua Hug’s indirect Remitly (RELY) holdings structured?

An indirect holding of 300,000 shares is attributed to a family trust, with his spouse serving as trustee. This structure is disclosed in a footnote clarifying that these securities are held by the family trust rather than directly in Hug’s own name.
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).
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
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 Stock07/15/2026S(1)314,768D$24.93(2)3,053,889D
Common Stock07/16/2026S(1)362,000D$25.18(3)2,691,889D
Common Stock07/16/2026S(1)5,500D$25.39(4)2,686,389D
Common Stock07/17/2026S(1)5,500D$24.11(5)2,680,889D
Common Stock300,000IBy Trust(6)
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
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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $24.89 to $24.95 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 $24.89 to $25.70 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $25.01 to $25.75 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.
5. Weighted average price. These shares were sold in multiple transactions at prices ranging from $23.78 to $24.67 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.
6. 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-fact07/17/2026
** 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)