Remitly Global, Inc.·4

Feb 27, 4:23 PM ET

MORRIS NIGEL W 4

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

Research Summary

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Remitly Director Nigel W. Morris Receives RSU Vesting

What Happened

  • Nigel W. Morris, a director of Remitly Global, had 524 restricted stock units (RSUs) vest on February 25, 2026. The Form 4 reports 524 shares as acquired via exercise/conversion of a derivative (code M) and 524 shares as disposed at $0.00. Footnotes identify these items as the vesting and settlement of RSUs (each RSU converts into one share upon settlement).

Key Details

  • Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (appears timely).
  • Shares involved: 524 RSUs vested → 524 shares acquired; 524 shares reported disposed at $0.00.
  • Price/value: Disposed at $0.00 on the filing (no cash sale proceeds reported).
  • Holdings after transaction: the filing lists beneficial ownership including 1,845,447 shares of common stock and remaining unvested RSUs per footnotes (the filing’s Table I/II totals reflect prior RSU awards and remaining unvested units).
  • Footnotes: confirm these were RSU grants (granted June 11, 2025) with scheduled vesting dates; the $0.00 disposition is consistent with shares withheld or surrendered on settlement (commonly to satisfy tax withholding), per standard practice.

Context

  • This is an award/vesting event, not an open-market purchase or sale; such vesting is routine compensation for directors/employees and does not by itself signal a trading view. The “M” derivative code here reflects conversion of the RSUs into shares upon vesting; the zero-dollar disposition typically indicates shares were withheld or surrendered for taxes or other withholding obligations.

Insider Transaction Report

Form 4
Period: 2026-02-25
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2][F3]
    2026-02-25+5241,861,210 total
  • Exercise/Conversion

    Restricted Stock Units (RSUs)

    [F2][F4][F5]
    2026-02-255240 total
    Common Stock (524 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 15,763 unvested RSUs previously reported in Table II and 1,845,447 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]5. The total reported in Table I, Column 5, includes 524 unvested RSUs remaining under this RSU award previously reported in Table II.
Signature
/s/ Jeff Mason as attorney-in-fact|2026-02-27

Documents

1 file
  • 4
    wk-form4_1772227399.xmlPrimary

    FORM 4