Vanguard disaggregates holdings; Remitly (RELY) ownership reported at 0%
Rhea-AI Filing Summary
Remitly Global Inc ownership filing: The Vanguard Group amended its Schedule 13G to report zero shares beneficially owned in Remitly's common stock and 0% ownership. The amendment explains an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries and business divisions to report holdings separately.
The filing states Vanguard no longer has beneficial ownership over securities held by those subsidiaries/divisions under SEC Release No. 34-39538, and the form is signed by Ashley Grim on March 27, 2026.
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FAQ
What does Remitly (RELY) Schedule 13G/A filed by The Vanguard Group state?
It states The Vanguard Group reports 0 shares and 0% ownership in Remitly common stock. The amendment explains an internal realignment effective January 12, 2026 causing separate reporting by subsidiaries.
Why did The Vanguard Group report zero ownership in the amendment for RELY?
Because of an internal realignment, certain Vanguard subsidiaries now report beneficial ownership separately. The filing cites SEC Release No. 34-39538 as the basis for disaggregation.
When did Vanguard's internal realignment that affected RELY reporting occur?
The filing identifies the internal realignment as occurring on January 12, 2026. The Schedule 13G/A amendment reflecting this change was signed on March 27, 2026.
Who signed the Schedule 13G/A amendment for The Vanguard Group regarding RELY?
The form is signed by Ashley Grim, identified as Head of Global Fund Administration. The signature date on the filing is March 27, 2026.
Does the amendment indicate any subsidiary still holds more than 5% of RELY?
No. The filing states no other person's interest in the securities reported exceeds 5%. It notes Vanguard-managed accounts have rights over dividends or proceeds in the reported holdings.