Blignaut Ryno 4
4 · Remitly Global, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Remitly (RELY) Director Ryno Blignaut Receives RSU Award
What Happened
Ryno Blignaut, a director of Remitly Global, Inc. (RELY), received an award of 3,819 restricted stock units (RSUs) on June 10, 2026. The grant was recorded with an acquisition price of $0 (typical for compensation awards); each RSU represents a contingent right to one share upon settlement. This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-10 (Form 4 filed 2026-06-11). Transaction code: A (award/grant).
- Amount: 3,819 RSUs; acquisition price reported as $0.
- Vesting: RSUs vest in four equal installments on Aug 25, Nov 25, Feb 25, and May 25 following the grant date; if not fully vested earlier, they vest in full on the earlier of (i) the next annual meeting of stockholders and (ii) June 10, 2027, subject to continued service. (Footnote F1)
- Settlement: Each RSU converts to one share upon settlement (contingent on vesting).
- Shares owned after transaction: not specified in the filing.
- Timeliness: Filed the day after the transaction (appears timely).
Context
RSU grants are a common form of executive/director compensation and do not represent an immediate purchase or sale of stock. They indicate potential future dilution when vested and settled but do not, by themselves, signal a buying or selling decision by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+3,819→ 68,269 total
Footnotes (1)
- [F1]Represents a grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs 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 next annual meeting of the Issuer's stockholders and (ii) June 10, 2027, in each case, subject to the reporting person's provision of applicable service to the Issuer through the applicable date.