Tavis Luke 4

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

AI-generated summary of this filing

Updated Feb 27, 2026

Remitly (RELY) Chief Accounting Officer Tavis Luke Receives 7,167 RSU Shares

What happened

Tavis Luke, Chief Accounting Officer of Remitly Global (RELY), had RSUs vest and converted into common shares on Feb 25, 2026. A total of 7,167 RSU shares were settled (3,891 + 3,276). To cover tax withholding, 2,225 shares were surrendered at $16.19 per share (codes F), generating approximately $36,023. Net shares added to his position: 4,942.
The filings also show the RSU conversions recorded as derivative exercises/dispositions (code M); the $0.00 entries reflect conversion/settlement of RSUs to common stock rather than an open‑market sale.

Key details

Transaction date: Feb 25, 2026; Form 4 filed Feb 27, 2026 (timely within the normal 2‑business‑day window).
Withholding: 2,225 shares withheld at $16.19/share → $19,558 and $16,465 entries (total ≈ $36,023) to cover tax liability (F code).
Shares settled: 7,167 RSUs converted to common shares (M code); net retained after withholding = 4,942 shares.
Footnotes: Filing notes these transactions reflect RSU vesting/settlement (each RSU = right to one share). Footnotes indicate prior RSU awards and previously reported unvested RSUs; one footnote states this RSU award vested 100% on Feb 25, 2026.
No open‑market sale reported—the disposals were for tax withholding, not a public sale.

Context

This is a routine RSU vesting and tax‑withholding transaction common for executives when restricted stock units vest. It is not an indication of an open‑market sale or purchase decision.
For investors, purchases or net additions are often more informative; here the insider retained 4,942 shares after tax withholding.

Form 4

Period: 2026-02-25

Chief Accounting Officer

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-25+3,891→ 10,435 total
Tax Payment
Common Stock
2026-02-25$16.19/sh−1,208$19,558→ 9,227 total
Exercise/Conversion
Common Stock
[F1][F2]
2026-02-25+3,276→ 12,503 total
Tax Payment
Common Stock
[F3]
2026-02-25$16.19/sh−1,017$16,465→ 112,767 total
Exercise/Conversion
Restricted Stock Units (RSUs)
[F2][F4][F5]
2026-02-25−3,891→ 0 total
→ Common Stock (3,891 underlying)
Exercise/Conversion
Restricted Stock Units (RSUs)
[F2][F6]
2026-02-25−3,276→ 0 total
→ Common Stock (3,276 underlying)

Footnotes (6)

[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 101,281 unvested RSUs previously reported in Table II and 11,486 shares of common stock.
[F4]The RSUs vested as to 15% of the total shares underlying the RSUs on February 25, 2025, 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 quarterly 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 72,614 unvested RSUs remaining under this RSU award previously reported in Table II.
[F6]The RSUs vested as to 100% of the total shares underlying the RSUs on February 25, 2026.

Signature

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

1 file