Form 4: Remitly Director Gifts 70,000 Shares to Charity
Insider Transaction Report
Remitly Global Director Joshua Hug reported gifting 70,000 shares of common stock to a charitable organization.
Summary
- Joshua Hug, a Director of Remitly Global, Inc. (RELY), reported a transaction on December 11, 2025.
- The transaction involved the disposition of 70,000 shares of Common Stock, which were gifted to a charitable organization.
- Following this transaction, Hug directly beneficially owns 3,584,764 shares of Common Stock.
- An additional 300,000 shares are indirectly held by a family trust, where Hug's spouse serves as the trustee.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction (gift) and does not reflect positively or negatively on the company's operational or financial performance. It's a personal decision by a director.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal direct impact on shareholders as this is a personal transaction by a director and does not reflect on company operations or financial health.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 12/11/2025 | Date of earliest transaction (gift of common stock) |
| 12/23/2025 | Signature date of the filing by attorney-in-fact |
Keywords
Remitly Global, RELY, Form 4, Insider Transaction, Director, Common Stock, Gift, Beneficial Ownership
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