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STOCK TITAN

[Form 4] Remitly Global, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

On June 17, 2025, Remitly Global, Inc. (RELY) director Phillip John Riese reported a routine insider transaction. Acting under a pre-arranged Rule 10b5-1 trading plan, he exercised 5,000 stock options at an exercise price of $0.64 and immediately sold an equal number of common shares at $20.48 per share. The option grant, fully vested since December 15, 2017, expires on January 30, 2027. After the sale, Riese continues to own 117,496 shares directly and 495,000 outstanding options. The Form 4 was signed by attorney-in-fact Jeff Mason on June 18, 2025.

Il 17 giugno 2025, il direttore di Remitly Global, Inc. (RELY), Phillip John Riese, ha comunicato una transazione interna di routine. Agendo secondo un piano di trading predefinito ai sensi della Regola 10b5-1, ha esercitato 5.000 opzioni su azioni a un prezzo di esercizio di 0,64 $ e ha immediatamente venduto un numero equivalente di azioni ordinarie a 20,48 $ ciascuna. La concessione delle opzioni, completamente maturata dal 15 dicembre 2017, scade il 30 gennaio 2027. Dopo la vendita, Riese detiene ancora direttamente 117.496 azioni e 495.000 opzioni in essere. Il modulo Form 4 è stato firmato dall’avvocato delegato Jeff Mason il 18 giugno 2025.

El 17 de junio de 2025, el director de Remitly Global, Inc. (RELY), Phillip John Riese, informó una transacción interna rutinaria. Actuando bajo un plan de negociación preestablecido conforme a la Regla 10b5-1, ejerció 5,000 opciones sobre acciones a un precio de ejercicio de $0.64 y vendió inmediatamente un número igual de acciones ordinarias a $20.48 por acción. La concesión de opciones, completamente adquirida desde el 15 de diciembre de 2017, vence el 30 de enero de 2027. Tras la venta, Riese continúa poseyendo directamente 117,496 acciones y 495,000 opciones pendientes. El Formulario 4 fue firmado por el apoderado Jeff Mason el 18 de junio de 2025.

2025ë…� 6ì›� 17ì�, Remitly Global, Inc.(RELY)ì� ì´ì‚¬ Phillip John Rieseê°€ 정기 ë‚´ë¶€ìž� 거래ë¥� 보고했습니다. 사전ì—� 설정ë� Rule 10b5-1 거래 계íšì—� ë”°ë¼ ê·¸ëŠ” 5,000ì£� ì£¼ì‹ ì˜µì…˜ì� 행사했으ë©�, í–‰ì‚¬ê°€ê²©ì€ $0.64였습니ë‹�. 그리ê³� ë™ì¼í•� 수량ì� 보통주를 주당 $20.48ì—� 즉시 매ë„했습니다. ì� 옵션 부여는 2017ë…� 12ì›� 15ì¼ë¶€í„� 완전íž� ì·¨ë“ë˜ì—ˆìœ¼ë©°, 만료ì¼ì€ 2027ë…� 1ì›� 30ì¼ìž…니다. ë§¤ë„ í›� RieseëŠ� ì§ì ‘ 117,496ì£�ì™¶Ä 495,000ê°œì˜ ë¯¸í–‰ì‚� 옵션ì� ê³„ì† ë³´ìœ í•˜ê³  있습니다. Form 4ëŠ� ë²•ì •ëŒ€ë¦¬ì¸ Jeff Masonì� 2025ë…� 6ì›� 18ì¼ì— 서명했습니다.

Le 17 juin 2025, le directeur de Remitly Global, Inc. (RELY), Phillip John Riese, a déclaré une transaction d’initié de routine. Agissant dans le cadre d’un plan de négociation préétabli conformément à la règle 10b5-1, il a exercé 5 000 options d’achat d’actions à un prix d’exercice de 0,64 $ et a immédiatement vendu un nombre égal d’actions ordinaires à 20,48 $ par action. La concession d’options, entièrement acquise depuis le 15 décembre 2017, expire le 30 janvier 2027. Après la vente, Riese détient toujours directement 117 496 actions et 495 000 options en circulation. Le formulaire 4 a été signé par le mandataire Jeff Mason le 18 juin 2025.

Am 17. Juni 2025 meldete der Direktor von Remitly Global, Inc. (RELY), Phillip John Riese, eine routinemäßige Insider-Transaktion. Im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans übte er 5.000 Aktienoptionen zu einem Ausübungspreis von 0,64 $ aus und verkaufte sofort dieselbe Anzahl Stammaktien zu 20,48 $ pro Aktie. Die Optionszuteilung, die seit dem 15. Dezember 2017 vollständig unverfallbar ist, läuft am 30. Januar 2027 ab. Nach dem Verkauf besitzt Riese weiterhin 117.496 Aktien direkt und 495.000 ausstehende Optionen. Das Formular 4 wurde am 18. Juni 2025 vom Bevollmächtigten Jeff Mason unterzeichnet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Small, pre-planned sale; no material signal for fundamentals.

This Form 4 reflects a modest 5,000-share sale worth roughly $102,000—immaterial given Remitly’s market capitalization and the insider’s remaining stake. The transaction was paired with an option exercise, indicating cashless monetization rather than a directional bet. Because the sale was executed under a Rule 10b5-1 plan, it carries limited informational value for assessing current performance or future outlook. I view the filing as neutral for investors.

TL;DR: Compliance appears solid; routine activity, low governance concern.

The director followed best-practice disclosure: a timely filing, explicit 10b5-1 reference, and attorney-in-fact signature. Ownership remains significant at over 117k shares plus 495k options, preserving alignment with shareholders. No red flags emerge regarding control changes or concentrated selling. Overall governance impact is minimal.

Il 17 giugno 2025, il direttore di Remitly Global, Inc. (RELY), Phillip John Riese, ha comunicato una transazione interna di routine. Agendo secondo un piano di trading predefinito ai sensi della Regola 10b5-1, ha esercitato 5.000 opzioni su azioni a un prezzo di esercizio di 0,64 $ e ha immediatamente venduto un numero equivalente di azioni ordinarie a 20,48 $ ciascuna. La concessione delle opzioni, completamente maturata dal 15 dicembre 2017, scade il 30 gennaio 2027. Dopo la vendita, Riese detiene ancora direttamente 117.496 azioni e 495.000 opzioni in essere. Il modulo Form 4 è stato firmato dall’avvocato delegato Jeff Mason il 18 giugno 2025.

El 17 de junio de 2025, el director de Remitly Global, Inc. (RELY), Phillip John Riese, informó una transacción interna rutinaria. Actuando bajo un plan de negociación preestablecido conforme a la Regla 10b5-1, ejerció 5,000 opciones sobre acciones a un precio de ejercicio de $0.64 y vendió inmediatamente un número igual de acciones ordinarias a $20.48 por acción. La concesión de opciones, completamente adquirida desde el 15 de diciembre de 2017, vence el 30 de enero de 2027. Tras la venta, Riese continúa poseyendo directamente 117,496 acciones y 495,000 opciones pendientes. El Formulario 4 fue firmado por el apoderado Jeff Mason el 18 de junio de 2025.

2025ë…� 6ì›� 17ì�, Remitly Global, Inc.(RELY)ì� ì´ì‚¬ Phillip John Rieseê°€ 정기 ë‚´ë¶€ìž� 거래ë¥� 보고했습니다. 사전ì—� 설정ë� Rule 10b5-1 거래 계íšì—� ë”°ë¼ ê·¸ëŠ” 5,000ì£� ì£¼ì‹ ì˜µì…˜ì� 행사했으ë©�, í–‰ì‚¬ê°€ê²©ì€ $0.64였습니ë‹�. 그리ê³� ë™ì¼í•� 수량ì� 보통주를 주당 $20.48ì—� 즉시 매ë„했습니다. ì� 옵션 부여는 2017ë…� 12ì›� 15ì¼ë¶€í„� 완전íž� ì·¨ë“ë˜ì—ˆìœ¼ë©°, 만료ì¼ì€ 2027ë…� 1ì›� 30ì¼ìž…니다. ë§¤ë„ í›� RieseëŠ� ì§ì ‘ 117,496ì£�ì™¶Ä 495,000ê°œì˜ ë¯¸í–‰ì‚� 옵션ì� ê³„ì† ë³´ìœ í•˜ê³  있습니다. Form 4ëŠ� ë²•ì •ëŒ€ë¦¬ì¸ Jeff Masonì� 2025ë…� 6ì›� 18ì¼ì— 서명했습니다.

Le 17 juin 2025, le directeur de Remitly Global, Inc. (RELY), Phillip John Riese, a déclaré une transaction d’initié de routine. Agissant dans le cadre d’un plan de négociation préétabli conformément à la règle 10b5-1, il a exercé 5 000 options d’achat d’actions à un prix d’exercice de 0,64 $ et a immédiatement vendu un nombre égal d’actions ordinaires à 20,48 $ par action. La concession d’options, entièrement acquise depuis le 15 décembre 2017, expire le 30 janvier 2027. Après la vente, Riese détient toujours directement 117 496 actions et 495 000 options en circulation. Le formulaire 4 a été signé par le mandataire Jeff Mason le 18 juin 2025.

Am 17. Juni 2025 meldete der Direktor von Remitly Global, Inc. (RELY), Phillip John Riese, eine routinemäßige Insider-Transaktion. Im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans übte er 5.000 Aktienoptionen zu einem Ausübungspreis von 0,64 $ aus und verkaufte sofort dieselbe Anzahl Stammaktien zu 20,48 $ pro Aktie. Die Optionszuteilung, die seit dem 15. Dezember 2017 vollständig unverfallbar ist, läuft am 30. Januar 2027 ab. Nach dem Verkauf besitzt Riese weiterhin 117.496 Aktien direkt und 495.000 ausstehende Optionen. Das Formular 4 wurde am 18. Juni 2025 vom Bevollmächtigten Jeff Mason unterzeichnet.

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).
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*
Riese Phillip John

(Last) (First) (Middle)
C/O REMITLY GLOBAL, INC.
401 UNION STREET, SUITE 1000

(Street)
SEATTLE WA 98101

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/17/2025 M 5,000 A $0.64 122,496 D
Common Stock 06/17/2025 S(1) 5,000 D $20.48 117,496 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $0.64 06/17/2025 M 5,000 (2) 01/30/2027 Common Stock 5,000 $0 495,000 D
Explanation of Responses:
1. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. The option became fully vested and exercisable on December 15, 2017.
Remarks:
/s/ Jeff Mason as attorney-in-fact 06/18/2025
** 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.

FAQ

How many shares did Remitly (RELY) director Phillip Riese sell?

He sold 5,000 common shares on June 17, 2025.

What price did the insider receive for the RELY shares?

The shares were sold at $20.48 per share under a Rule 10b5-1 plan.

Did the insider exercise stock options before selling?

Yes, he exercised 5,000 options at an exercise price of $0.64 immediately prior to the sale.

How many Remitly shares does Phillip Riese still own after the transaction?

Riese holds 117,496 shares directly plus 495,000 outstanding options.

Is this insider sale considered material for investors?

Given the small size and 10b5-1 plan, experts classify the impact as neutral and not fundamentally material.
Remitly Global, Inc.

NASDAQ:RELY

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3.54B
190.21M
5.77%
82.66%
3.6%
Software - Infrastructure
Services-business Services, Nec
United States
SEATTLE