Le Moal Laurent 4
4 · Remitly Global, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Remitly Director Laurent Le Moal Receives RSU Awards
What Happened
Laurent Le Moal, a director of Remitly Global, Inc. (RELY), was granted two restricted stock unit (RSU) awards on 2026-06-10: 2,943 RSUs and 30,556 RSUs, for a total of 33,499 RSUs. Both grants were awarded at a $0.00 price (typical for equity awards) and represent a contingent right to receive one share of Remitly common stock upon settlement. This is an award/grant (A) — not a purchase or sale — so it is a compensation/retention-related issuance rather than a market trade.
Key Details
- Transaction date: 2026-06-10; Form filed: 2026-06-11 (timely filing).
- Grants: 2,943 RSUs (grant F1) and 30,556 RSUs (grant F2); price per RSU: $0.00. Total RSUs granted: 33,499.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: 2,943 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 the next annual meeting or June 10, 2027, subject to continued service.
- F2: 30,556 RSUs vest in three equal annual installments beginning on the earlier of the next annual meeting or June 10, 2027, subject to continued service.
- Filing status: appears timely (filed one day after the transaction).
Context
RSUs are a form of equity compensation that convert to company stock only after they vest and may be forfeited if the director does not remain in service through the vesting dates. Awards at $0 are standard for RSUs and do not represent cash outlay by the insider. Such grants are common for director compensation and retention and do not, by themselves, indicate buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+2,943→ 61,595 total - Award
Common Stock
[F2]2026-06-10+30,556→ 92,151 total
Footnotes (2)
- [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.
- [F2]Represents a grant of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs will vest in three equal annual installments beginning 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 service to the Issuer through the applicable date.