Remitly Global: director Hug Joshua sold 11,000 shares

What happened

• Hug Joshua, a director, sold a total of 11,000 shares: 5,500 shares on Oct 6, 2026 at a weighted average price of $23.18 for $127,490, and 5,500 shares on Oct 7, 2026 at a weighted average price of $23.07 for $126,885. The transactions are reported as open market or private sales (transaction code S).

Key details

• Transaction dates and prices:
  • Oct 6, 2026 — 5,500 shares at weighted average $23.18; prices in range $22.68 to $23.56 (footnote F2).
  • Oct 7, 2026 — 5,500 shares at weighted average $23.07; prices in range $22.91 to $23.20 (footnote F3).
• Total proceeds reported: $127,490 (Oct 6) and $126,885 (Oct 7), total $254,375.
• Shares owned after the transaction: the filing indicates the securities are held by a family trust of which the reporting person's spouse is trustee (footnote F4); a numeric "shares owned after" total is not provided in the summary.
• Relevant footnotes:
  • F1: The filing says the Oct 6 transaction was effected automatically under a Rule 10b5-1 trading plan adopted Dec 11, 2025.
  • F2/F3: Weighted average prices with per-trade price ranges; the filer offers to provide per-price breakdowns on request.
  • F4: Securities held by a family trust, spouse is trustee.
• Filing date and timeliness: Form 4 filed Oct 8, 2026; the filing is not marked as late.

Why it may matter

• These were market sales reported on Form 4 (not option exercises or gifts).
• The filing shows the trades and related footnotes (10b5-1 plan and trust holding). A filing does not show why the insider traded or why the company acted.