Remitly Global, Inc. SEC Filings

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 reporting proposed sales of 34,383 shares of Common Stock that were previously exercised stock options. The filing lists multiple 10b5-1 plan transactions executed in March–April 2026, with individual sale amounts and proceeds shown.

The excerpt names a 10b5-1 sales plan for Joshua David Hug and records executed sales such as 29,049 shares on 03/04/2026 and 40,777 shares on 03/02/2026, with accompanying proceeds reported in dollars.

Remitly Global reported strong first-quarter 2026 growth with higher profitability and a stronger balance sheet. Revenue rose to $452.8M from $361.6M, a 25% increase, as active customers grew 20% to 9.6 million and send volume climbed 37% to $22.1B.

Income from operations jumped to $53.7M from $12.2M, despite higher marketing, technology, and general and administrative spending, and included $11.5M of restructuring costs. Net income increased to $49.1M from $11.4M, with diluted EPS of $0.23 versus $0.05 a year earlier.

Cash and cash equivalents reached $649.1M, while total debt fell, leaving no outstanding long-term borrowings as of March 31, 2026. The company repurchased 2.77 million shares for $44.2M, and stockholders’ equity increased to $907.4M from $868.8M at year-end 2025.

Remitly Global, Inc. reported record first-quarter 2026 results with sharply higher growth and profitability and raised its full-year outlook. For the quarter ended March 31, 2026, revenue reached $452.8 million, up 25% year over year, driven by send volume of $22.1 billion, up 37%. Quarterly active customers grew 20% to 9.6 million.

Net income rose to $49.1 million, up 332% from the prior year period, while Adjusted EBITDA increased to $101.6 million, up 74%, yielding a 22% Adjusted EBITDA margin. Management highlighted benefits from scale, disciplined cost control, and AI-driven efficiencies across marketing, operations, technology, and G&A.

For full-year 2026, the company now expects total revenue of $1.960 billion to $1.975 billion, representing 20% to 21% year-over-year growth, and year-over-year growth in net income for 2026 and Adjusted EBITDA to be in the range of $370 million to $385 million. For the second quarter of 2026, it forecasts revenue of $483 million to $485 million, up 17% to 18% year over year, and Adjusted EBITDA of $86 million to $88 million.

Remitly Global Inc reported that FMR LLC beneficially owned 10,736,104.31 shares of Common Stock, representing 5.1% of the class as of 03/31/2026. The filing states FMR LLC has sole dispositive power over 10,736,104.31 shares and lists Abigail P. Johnson as having shared reporting attribution. The Schedule 13G was signed on 05/05/2026 and references an attached Exhibit 99 and a power of attorney effective April 13, 2026.

Remitly Global, Inc. executive Somalya Saema, the company’s CLCAO, reported a routine tax-related share disposition. On the reported date, 31,638 shares of common stock were withheld at $21.89 per share to cover tax withholding obligations tied to vesting of restricted stock units, rather than through an open-market sale. After this withholding, Saema directly holds 56,390 shares of Remitly common stock.

Remitly Global, Inc. reported that Chief Financial Officer Vikas D. Mehta acquired common stock through two compensation-related awards. On April 29, 2026, he received 138,628 shares of common stock at $0.00 per share and a separate award of 30,887 shares, both structured as restricted stock units (RSUs).

Each RSU represents a contingent right to receive one share of common stock upon settlement. The first RSU grant vests as to one-half of the total shares on May 25, 2026, then vests quarterly thereafter, subject to continued service. The second grant vests as to one-quarter of the total shares on May 25, 2029, then vests quarterly thereafter, also conditioned on continued service to Remitly.

Remitly Global, Inc. reported that Chief Business Officer Pankaj Sharma received equity compensation in the form of restricted stock units (RSUs). The Form 4 shows two grants of Common Stock RSUs that cost him no cash and are tied to continued service with the company.

One RSU grant covers 118,440 shares, and a second covers 15,280 shares. According to the footnotes, each RSU converts into one share of Remitly common stock upon settlement. For each grant, 25% vests on a specified May 25 date, then the remaining 75% vests in equal quarterly installments, contingent on Sharma continuing to provide services on each vesting date.

Sinha Ankur reported acquisition or exercise transactions in this Form 4 filing.

Remitly Global, Inc. reported that Chief Product and Tech Officer Ankur Sinha received a grant of 125,172 restricted stock units of common stock. Each RSU represents one share upon settlement. Following this award, he holds 1,305,566 shares directly.

The RSUs vest as to one quarter of the total shares on May 25, 2029, with the remaining shares vesting in equal quarterly installments thereafter, conditioned on continued service. The filing also notes a clerical correction to previously reported beneficial ownership amounts.

Remitly Global, Inc. director Joshua Hug reported open-market sales of a total of 33,600 shares of common stock over two days. He sold 16,800 shares on April 29 at a weighted average price of about $21.56 per share and 16,800 shares on April 30 at about $21.66 per share.

The transactions were effected automatically under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025. After these sales, Hug directly holds 3,516,703 shares of Remitly common stock, and an additional 300,000 shares are held indirectly by a family trust for which his spouse serves as trustee.