Smyth Margaret Mary 4

4 · Remitly Global, Inc. · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 28, 2026

Remitly (RELY) Director Margaret Smyth Converts 714 RSUs to Shares

What Happened

Margaret Mary Smyth, a director of Remitly Global, had 714 restricted stock units (RSUs) vest and convert into 714 shares on February 25, 2026 (reported on Form 4 filed Feb 27, 2026). The filing shows an acquired entry for 714 shares (conversion of derivative) and a simultaneous disposed entry for 714 shares at $0.00. The footnotes state this transaction reflects RSU vesting; no cash proceeds are reported.

Key Details

Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely).
Acquired: 714 shares via conversion of RSUs (derivative); Acquisition price: N/A.
Disposed: 714 shares at $0.00 (reported as a derivative disposition).
Shares reported after transaction: Table I totals (per footnotes) include 54,306 shares of common stock and previously reported unvested RSUs (see footnotes F3 and F5 for counts).
Footnotes: F1–F2 confirm these were RSUs converting to common stock; F4 describes the original RSU grant date and vesting schedule (granted 6/11/2025, scheduled to vest in installments); F5 notes 715 unvested RSUs remain under this award.
No 10b5-1 plan or late-filing indication noted in the filing.

Context

This was an RSU vesting/conversion event (derivative conversion), not an open‑market purchase or sale for cash. The reported $0.00 disposition typically indicates shares were surrendered or withheld at no cash consideration (commonly done to satisfy tax withholding or net-settlement obligations); the filing’s footnotes confirm vesting but do not explicitly detail withholding mechanics. For retail investors: RSU vesting is a routine compensation event and does not necessarily signal the director’s sentiment about the stock.

Form 4

Period: 2026-02-25

Director

Transactions

Exercise/Conversion
Common Stock
[F1][F2][F3]
2026-02-25+714→ 85,499 total
Exercise/Conversion
Restricted Stock Units (RSUs)
[F2][F4][F5]
2026-02-25−714→ 0 total
→ Common Stock (714 underlying)

Footnotes (5)

[F1]Reflects the vesting of restricted stock units (RSUs).
[F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
[F3]The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 31,193 unvested RSUs previously reported in Table II and 54,306 shares of common stock.
[F4]The RSUs were granted on June 11, 2025, and will vest in four equal installments on each August 25, November 25, February 25, and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2026 annual meeting of the Issuer's stockholders or (ii) June 11, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date.
[F5]The total reported in Table I, Column 5, includes 715 unvested RSUs remaining under this RSU award previously reported in Table II.

Signature

/s/ Jeff Mason as attorney-in-fact|2026-02-27

1 file