Blignaut Ryno 4

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.