[Form 4] Remitly Global, Inc. Insider Trading Activity
Joshua Hug, a director of Remitly Global, Inc. (RELY), executed a planned sale of 20,000 shares on 08/07/2025 at $19.08 per share under a Rule 10b5-1 trading plan. The filing states the transaction was effected automatically pursuant to that preexisting plan.
After the reported sale the reporting person beneficially owns 3,673,811 shares directly and 300,000 shares indirectly through a family trust where the reporting person鈥檚 spouse is trustee. The Form 4 discloses the relationship as Director and notes the sale was part of an established trading plan.
Joshua Hug, direttore di Remitly Global, Inc. (RELY), ha effettuato la vendita programmata di 20,000 azioni il 08/07/2025 al prezzo di $19.08 per azione, nell'ambito di un piano di negoziazione ai sensi della Regola 10b5-1. Il filing specifica che la transazione 猫 stata eseguita automaticamente in base a quel piano preesistente.
Dopo la vendita segnalata, la persona che ha effettuato la comunicazione detiene beneficiariamente 3,673,811 azioni direttamente e 300,000 azioni indirettamente tramite un trust familiare in cui il coniuge 猫 trustee. Il Form 4 indica la relazione come Director e precisa che la vendita faceva parte di un piano di negoziazione gi脿 stabilito.
Joshua Hug, director de Remitly Global, Inc. (RELY), realiz贸 la venta programada de 20,000 acciones el 08/07/2025 a $19.08 por acci贸n bajo un plan de negociaci贸n conforme a la Regla 10b5-1. El formulario indica que la operaci贸n se efectu贸 autom谩ticamente conforme a ese plan preexistente.
Tras la venta informada, la persona que declara posee beneficiariamente 3,673,811 acciones de forma directa y 300,000 acciones de forma indirecta a trav茅s de un fideicomiso familiar en el que el c贸nyuge figura como trustee. El Form 4 declara la relaci贸n como Director y se帽ala que la venta fue parte de un plan de negociaci贸n establecido.
Joshua Hug電� Remitly Global, Inc. (RELY)鞚� 鞚挫偓搿滌劀 攴滌爼 10b5-1鞐� 霐半ジ 瓯半灅 瓿勴殟鞐� 霐半澕 08/07/2025鞐� 欤检嫕 20,000欤茧ゼ 欤茧嫻 $19.08鞐� 瓿勴殟鞝侅溂搿� 毵る弰頄堨姷雼堧嫟. 鞁犼碃靹滌棎電� 頃措嫻 瓯半灅臧� 靷爠鞐� 靾橂霅� 瓿勴殟鞐� 霐半澕 鞛愲彊鞙茧 鞚措（鞏挫雼り碃 旮办灛霅橃柎 鞛堨姷雼堧嫟.
氤搓碃霅� 毵る弰 鞚错泟, 氤搓碃鞚胳潃 歆侅爲鞝侅溂搿� 3,673,811欤茧ゼ, 氚办毎鞛愱皜 靾橅儊鞛愳澑 臧�臁� 鞁犿儊鞚� 韱淀暣 臧勳爲鞝侅溂搿� 300,000欤茧ゼ 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. Form 4電� 甏�瓿勲ゼ Director搿� 瓿店皽頃橂┌ 頃措嫻 毵る弰臧� 頇曤霅� 瓯半灅 瓿勴殟鞚� 鞚茧秬鞓�鞚岇潉 氇呾嫓頃╇媹雼�.
Joshua Hug, Director de Remitly Global, Inc. (RELY), a proc茅d茅 脿 la vente programm茅e de 20,000 actions le 08/07/2025 au prix de $19.08 par action dans le cadre d'un plan de n茅gociation en vertu de la r猫gle 10b5-1. Le d茅p么t indique que la transaction a 茅t茅 ex茅cut茅e automatiquement conform茅ment 脿 ce plan pr茅existant.
Apr猫s la vente signal茅e, la personne d茅clarante d茅tient 脿 titre b茅n茅ficiaire 3,673,811 actions en direct et 300,000 actions indirectement via une fiducie familiale o霉 le conjoint est le fiduciaire. Le formulaire 4 r茅v猫le la relation comme Director et pr茅cise que la vente faisait partie d'un plan de n茅gociation 茅tabli.
Joshua Hug, ein Director von Remitly Global, Inc. (RELY), f眉hrte am 08/07/2025 einen geplanten Verkauf von 20,000 Aktien zu $19.08 pro Aktie im Rahmen eines Handelsplans gem盲脽 Regel 10b5-1 durch. Die Meldung besagt, dass die Transaktion automatisch gem盲脽 diesem zuvor bestehenden Plan ausgef眉hrt wurde.
Nach dem gemeldeten Verkauf besitzt die meldende Person wirtschaftlich 3,673,811 Aktien direkt und 300,000 Aktien indirekt 眉ber einen Familientrust, bei dem der Ehepartner Treuh盲nder ist. Das Formblatt 4 gibt die Beziehung als Director an und vermerkt, dass der Verkauf Teil eines etablierten Handelsplans war.
- Transaction executed under a Rule 10b5-1 trading plan, indicating the sale was preplanned and automated.
- Significant retained ownership: the reporting person still beneficially owns 3,673,811 shares directly and 300,000 indirectly via a family trust.
- Insider sale reported: disposition of 20,000 shares at $19.08, which investors may note when assessing insider activity.
Insights
TL;DR: Routine, preplanned insider sale of 20,000 shares; post-sale holdings remain large, so market impact is likely neutral.
The Form 4 shows a director-initiated sale executed under a Rule 10b5-1 plan, selling 20,000 shares at $19.08. The reporting person continues to hold 3,673,811 shares directly and 300,000 indirectly. The sale represents a small fraction of the reported direct holdings (roughly 0.5%), indicating this was a limited disposition rather than a broad exit from ownership. Disclosure is complete and consistent with routine insider trading reporting.
TL;DR: Use of a documented 10b5-1 plan and clear disclosure of direct and indirect holdings aligns with governance best practices; not materially adverse.
The filing explicitly states the transaction was effected automatically under a Rule 10b5-1 trading plan and identifies indirect ownership via a family trust with the reporting person鈥檚 spouse as trustee. Those points provide transparency on timing and beneficial ownership structure. There are no disclosures of departures, material amendments, or unusual derivative activity in this Form 4.
Joshua Hug, direttore di Remitly Global, Inc. (RELY), ha effettuato la vendita programmata di 20,000 azioni il 08/07/2025 al prezzo di $19.08 per azione, nell'ambito di un piano di negoziazione ai sensi della Regola 10b5-1. Il filing specifica che la transazione 猫 stata eseguita automaticamente in base a quel piano preesistente.
Dopo la vendita segnalata, la persona che ha effettuato la comunicazione detiene beneficiariamente 3,673,811 azioni direttamente e 300,000 azioni indirettamente tramite un trust familiare in cui il coniuge 猫 trustee. Il Form 4 indica la relazione come Director e precisa che la vendita faceva parte di un piano di negoziazione gi脿 stabilito.
Joshua Hug, director de Remitly Global, Inc. (RELY), realiz贸 la venta programada de 20,000 acciones el 08/07/2025 a $19.08 por acci贸n bajo un plan de negociaci贸n conforme a la Regla 10b5-1. El formulario indica que la operaci贸n se efectu贸 autom谩ticamente conforme a ese plan preexistente.
Tras la venta informada, la persona que declara posee beneficiariamente 3,673,811 acciones de forma directa y 300,000 acciones de forma indirecta a trav茅s de un fideicomiso familiar en el que el c贸nyuge figura como trustee. El Form 4 declara la relaci贸n como Director y se帽ala que la venta fue parte de un plan de negociaci贸n establecido.
Joshua Hug電� Remitly Global, Inc. (RELY)鞚� 鞚挫偓搿滌劀 攴滌爼 10b5-1鞐� 霐半ジ 瓯半灅 瓿勴殟鞐� 霐半澕 08/07/2025鞐� 欤检嫕 20,000欤茧ゼ 欤茧嫻 $19.08鞐� 瓿勴殟鞝侅溂搿� 毵る弰頄堨姷雼堧嫟. 鞁犼碃靹滌棎電� 頃措嫻 瓯半灅臧� 靷爠鞐� 靾橂霅� 瓿勴殟鞐� 霐半澕 鞛愲彊鞙茧 鞚措（鞏挫雼り碃 旮办灛霅橃柎 鞛堨姷雼堧嫟.
氤搓碃霅� 毵る弰 鞚错泟, 氤搓碃鞚胳潃 歆侅爲鞝侅溂搿� 3,673,811欤茧ゼ, 氚办毎鞛愱皜 靾橅儊鞛愳澑 臧�臁� 鞁犿儊鞚� 韱淀暣 臧勳爲鞝侅溂搿� 300,000欤茧ゼ 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. Form 4電� 甏�瓿勲ゼ Director搿� 瓿店皽頃橂┌ 頃措嫻 毵る弰臧� 頇曤霅� 瓯半灅 瓿勴殟鞚� 鞚茧秬鞓�鞚岇潉 氇呾嫓頃╇媹雼�.
Joshua Hug, Director de Remitly Global, Inc. (RELY), a proc茅d茅 脿 la vente programm茅e de 20,000 actions le 08/07/2025 au prix de $19.08 par action dans le cadre d'un plan de n茅gociation en vertu de la r猫gle 10b5-1. Le d茅p么t indique que la transaction a 茅t茅 ex茅cut茅e automatiquement conform茅ment 脿 ce plan pr茅existant.
Apr猫s la vente signal茅e, la personne d茅clarante d茅tient 脿 titre b茅n茅ficiaire 3,673,811 actions en direct et 300,000 actions indirectement via une fiducie familiale o霉 le conjoint est le fiduciaire. Le formulaire 4 r茅v猫le la relation comme Director et pr茅cise que la vente faisait partie d'un plan de n茅gociation 茅tabli.
Joshua Hug, ein Director von Remitly Global, Inc. (RELY), f眉hrte am 08/07/2025 einen geplanten Verkauf von 20,000 Aktien zu $19.08 pro Aktie im Rahmen eines Handelsplans gem盲脽 Regel 10b5-1 durch. Die Meldung besagt, dass die Transaktion automatisch gem盲脽 diesem zuvor bestehenden Plan ausgef眉hrt wurde.
Nach dem gemeldeten Verkauf besitzt die meldende Person wirtschaftlich 3,673,811 Aktien direkt und 300,000 Aktien indirekt 眉ber einen Familientrust, bei dem der Ehepartner Treuh盲nder ist. Das Formblatt 4 gibt die Beziehung als Director an und vermerkt, dass der Verkauf Teil eines etablierten Handelsplans war.
FAQ
What did Joshua Hug report on the Form 4 for Remitly (RELY)?
How many shares does the reporting person own after the transaction?
Was the sale part of a pre-established trading plan?
What is the nature of the indirect ownership disclosed?
What role does the reporting person hold at Remitly?
