Mehta Vikas D 4

What Happened

• Vikas D. Mehta, Chief Financial Officer of Remitly Global, Inc. (RELY), received two restricted stock unit (RSU) awards on April 29, 2026 totaling 169,515 RSUs (30,887 + 138,628). The grants were recorded at $0.00 per RSU (awards, not purchases or sales). Each RSU represents a contingent right to one share of common stock upon settlement and vests according to the schedules below.

Key Details

• Transaction dates and prices:
  • 2026-04-29: 30,887 RSUs granted at $0.00 (Footnote F1).
  • 2026-04-29: 138,628 RSUs granted at $0.00 (Footnote F2).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes / vesting:
  • F1 (30,887 RSUs): 1/2 of the RSUs vest on May 25, 2026, then the remaining 1/2 vest quarterly thereafter, subject to continued service.
  • F2 (138,628 RSUs): 1/4 vest on May 25, 2029, then 1/4 vest quarterly thereafter, subject to continued service.
• Filing timeliness: Form 4 was filed May 1, 2026 for transactions dated April 29, 2026; this appears to be a timely filing (Form 4 is due within two business days).

Context

• These are compensation awards (code A) and are not cash transactions or open-market purchases—RSUs convert to shares only if and when they vest and are settled.
• Awards reported at $0 reflect grant accounting on the Form 4; they do not show the eventual market value if/when the RSUs settle.
• For retail investors, RSU grants indicate compensation alignment but are not direct buying/selling signals.