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

Yes. The filing states the transactions were effected automatically pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing in these insider sales.

Remitly (NASDAQ: RELY) director trims stake in 24,000-share sale

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Remitly Global, Inc. director Joshua Hug reported open-market sales of a total of 24,000 shares of common stock over two days. On April 14, 2026, he sold 5,500 shares at $17.76 and 6,500 shares at $17.98 per share. On April 15, 2026, he sold 5,500 shares at $18.73 and 6,500 shares at $18.02 per share. These transactions were effected automatically under a Rule 10b5-1 trading plan adopted on December 11, 2025. Following the sales, he holds 3,550,303 shares directly, and a family trust, for which his spouse is trustee, holds an additional 300,000 shares indirectly.

Insider Trade Summary 10b5-1

Net Seller: 24,000 shares ($434,695)

Net Sell 5 txns

Insider Hug Joshua

Role Director

Sold 24,000 shs ($435K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,500	$18.73	$103K
Sale	Common Stock	6,500	$18.02	$117K
Sale	Common Stock	5,500	$17.76	$98K
Sale	Common Stock	6,500	$17.98	$117K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,556,803 shares (Direct); Common Stock — 300,000 shares (Indirect, By Trust)

Footnotes (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 $17.46 to $17.95 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 $18.09 to $19.01 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.

Key Figures

Shares sold total: 24,000 shares Sale on April 14, 2026 (lot 1): 5,500 shares at $17.76/share Sale on April 14, 2026 (lot 2): 6,500 shares at $17.98/share +4 more

7 metrics

Shares sold total 24,000 shares Net insider sales reported in April 2026

Sale on April 14, 2026 (lot 1) 5,500 shares at $17.76/share Open-market sale of common stock

Sale on April 14, 2026 (lot 2) 6,500 shares at $17.98/share Open-market sale of common stock

Sale on April 15, 2026 (lot 1) 5,500 shares at $18.73/share Open-market sale of common stock

Sale on April 15, 2026 (lot 2) 6,500 shares at $18.02/share Open-market sale of common stock

Direct holdings after transactions 3,550,303 shares Common stock held directly following sales

Indirect trust holdings 300,000 shares Held by a family trust, spouse as trustee

Key Terms

Rule 10b5-1 trading plan, weighted average price, open-market sale, family trust

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"

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 at prices ranging from $17.46 to $17.95 inclusive."

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.

open-market sale financial

"transaction_action: "open-market sale""

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.

family trust financial

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

Form 4 Insider Transactions: What Each Field Means →

04/15/2026 - 08:13 PM

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).

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)
04/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/14/2026		S⁽¹⁾		5,500	D	$17.76⁽²⁾	3,568,803	D
Common Stock	04/14/2026		S⁽¹⁾		6,500	D	$17.98	3,562,303	D
Common Stock	04/15/2026		S⁽¹⁾		5,500	D	$18.73⁽³⁾	3,556,803	D
Common Stock	04/15/2026		S⁽¹⁾		6,500	D	$18.02	3,550,303	D
Common Stock								300,000	I	By Trust⁽⁴⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $17.46 to $17.95 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 $18.09 to $19.01 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. 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	04/15/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

Director Joshua Hug reported selling 24,000 shares of Remitly common stock in open-market transactions. The sales occurred over two days in April 2026 under a pre-established Rule 10b5-1 trading plan, which automates trades according to preset instructions.

How many Remitly (RELY) shares did Joshua Hug sell and at what prices?

He sold 24,000 shares in four trades: 5,500 shares at $17.76, 6,500 at $17.98, 5,500 at $18.73, and 6,500 at $18.02. These represent weighted average prices from multiple executions within disclosed price ranges.

What are Joshua Hug’s Remitly (RELY) holdings after these sales?

After the reported sales, Joshua Hug directly holds 3,550,303 shares of Remitly common stock. In addition, 300,000 shares are held indirectly by a family trust, for which his spouse serves as trustee, as disclosed in the filing footnotes.

What type of insider transactions did the Remitly (RELY) Form 4 disclose?

The Form 4 discloses open-market sales of common stock coded as “S,” indicating sales in open-market or private transactions. There were no derivative exercises, gifts, or tax withholdings reported, and the filing shows one indirect holding entry for a family trust.