Mehta Vikas D 4

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

AI-generated summary of this filing

Updated Feb 27, 2026

Remitly (RELY) CFO Vikas Mehta Receives RSUs, Surrenders 8,181 Shares

What Happened

Vikas D. Mehta, Chief Financial Officer of Remitly Global, reported the vesting/settlement of 32,812 restricted stock units (RSUs) on February 25, 2026. Of those shares, 8,181 were surrendered/withheld to cover tax withholding at $16.19 per share, totaling $132,450. After withholding, Mehta received a net 24,631 shares. This was an RSU vesting/tax-withholding event — not an open-market purchase or discretionary sale.

Key Details

Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
Vesting/settlement: 32,812 RSUs converted to shares (reported as derivative conversion, code M).
Tax withholding: 8,181 shares surrendered (code F) at $16.19/share = $132,450.
Net shares issued to insider: 24,631 shares.
Shares owned after transaction (reported): 125,151 shares of common stock and 761,567 unvested RSUs in total (includes 678,125 unvested RSUs remaining under this RSU award).
Footnotes: RSUs represent contingent rights to common shares and vest per a multi‑quarter schedule; the filing notes prior RSU awards reported in Table II.

Context

This is a routine equity compensation settlement (RSU vesting) and tax withholding — common for executives receiving equity compensation. It does not reflect an open‑market buy or a sale for investment purposes. The reporting clarifies the mechanics: conversion/settlement of RSUs and share withholding to satisfy tax obligations.

Form 4

Period: 2026-02-25

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-25+32,812→ 133,332 total
Tax Payment
Common Stock
[F3]
2026-02-25$16.19/sh−8,181$132,450→ 887,759 total
Exercise/Conversion
Restricted Stock Units (RSUs)
[F2][F4][F5]
2026-02-25−32,812→ 0 total
→ Common Stock (32,812 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 761,567 unvested RSUs previously reported in Table II and 125,151 shares of common stock, which includes 1,041 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan.
[F4]The RSUs vested as to 15% of the total shares underlying the RSUs on August 25, 2025, and then 3.75% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.75% of the total shares vest on each of the eight quarterly vesting dates thereafter, 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 678,125 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