Hug Joshua 4

What Happened
Joshua Hug, a director of Remitly Global, Inc. (RELY), sold 476 shares in an open‑market transaction on May 29, 2026. The shares were disposed at $20.00 each, for total proceeds of $9,520. This was a sale (routine disposition) rather than a purchase.

Key Details

• Transaction date: 2026-05-29; Price: $20.00 per share; Shares sold: 476; Total value: $9,520.
• Filing: Reported with Period of Report and filing date 2026-05-29 (no late filing indicated).
• Holdings after transaction: Not specified in the provided filing details.
• Footnotes: (1) The sale was effected automatically under a Rule 10b5‑1 trading plan adopted by Mr. Hug on December 11, 2025. (2) The securities are held by a family trust for which the reporting person's spouse is trustee.

Context
Sales executed under a 10b5‑1 plan are pre‑arranged and typically automated, so they do not necessarily reflect the insider’s current view of the company. For retail investors, purchases tend to be a stronger signal than routine sales; treat this automated disposition as procedural unless combined with other, broader insider activity.