Oppenheimer Matthew B. 4
Research Summary
AI-generated summary
Remitly (RELY) Director Matthew B. Oppenheimer Receives 10,185 RSUs
What Happened Matthew B. Oppenheimer, a director of Remitly Global, Inc. (RELY), received a grant of 10,185 restricted stock units (RSUs) on June 10, 2026. The reported acquisition price is $0.00 (no cash paid). Each RSU represents a contingent right to one share of common stock upon settlement.
Key Details
- Transaction type: Award/Grant (code A) — 10,185 RSUs granted on 2026-06-10 at $0.00.
- Filing: Form 4 filed 2026-06-11 reporting period 2026-06-10; no late filing indicated in the provided data.
- Shares owned after transaction: Not reported in the supplied filing.
- Footnote: RSUs vest in full on the earlier of (i) the next annual meeting of stockholders or (ii) June 10, 2027, subject to Oppenheimer’s continued service (per footnote F1).
- Derivative explanation: RSUs are contingent rights to receive one share each upon settlement — not an immediate share purchase.
Context Grants of RSUs are commonly used for director compensation and do not represent an open-market purchase or sale by the insider. They do not by themselves indicate a personal cash investment or immediate change in market exposure until shares settle and/or are sold.