Hug Joshua 4

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.