Hug Joshua 4
4 · Remitly Global, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Remitly (RELY) Director Joshua Hug Sells Shares
What Happened
- Joshua Hug, a director of Remitly Global, sold a total of 24,533 shares in open‑market transactions on June 16–17, 2026, generating roughly $503,675 in proceeds.
- Transactions reported: 6,500 shares @ $20.10 ($130,650); 2,000 shares @ $20.09 ($40,180); 6,500 shares @ $20.76 ($134,940); and 9,533 shares @ $20.76 ($197,905). These per‑line prices are weighted averages for multiple executions.
Key Details
- Transaction dates: June 16, 2026 (two lots) and June 17, 2026 (two lots); Form 4 filed June 17, 2026 (timely filing).
- Total shares sold: 24,533; approximate total proceeds: $503,675.
- Price ranges (per footnotes, multiple executions):
- 6,500 shares (wtd avg $20.10) sold across prices $19.62–$20.49.
- 2,000 shares (wtd avg $20.09) sold across $19.66–$20.43.
- 6,500 shares (wtd avg $20.76) sold across $20.31–$21.20.
- 9,533 shares (wtd avg $20.76) sold across $20.34–$21.20.
- At least one of the transactions was executed automatically under a Rule 10b5‑1 trading plan adopted by Hug on December 11, 2025.
- Some securities are held in a family trust for which the reporting person’s spouse is trustee.
- Shares owned after the transactions are not provided in the excerpt of the filing.
Context
- These were sales (not purchases), which are often routine or for personal liquidity; the presence of a 10b5‑1 plan indicates at least some sales were pre‑scheduled rather than opportunistic. No inference should be made about company performance from this single filing.
Insider Transaction Report
Form 4
Hug Joshua
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-06-16$20.10/sh−6,500$130,650→ 3,420,290 total - Sale
Common Stock
[F1][F3]2026-06-16$20.09/sh−2,000$40,180→ 3,418,290 total - Sale
Common Stock
[F1][F4]2026-06-17$20.76/sh−6,500$134,940→ 3,411,790 total - Sale
Common Stock
[F1][F5]2026-06-17$20.76/sh−9,533$197,905→ 3,402,257 total
Holdings
- 300,000(indirect: By Trust)
Common Stock
[F6]
Footnotes (6)
- [F1]This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.62 to $20.49 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.66 to $20.43 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.31 to $21.20 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F5]Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.34 to $21.20 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F6]The securities are held by a family trust, of which the reporting person's spouse is the trustee.
Signature
/s/ Jeff Mason as attorney-in-fact|2026-06-17