Form 4: Remitly Global Director Nigel Morris Reports RSU Vesting
SEC Form 4 Filing
Director Nigel Morris reports the vesting of Restricted Stock Units (RSUs) resulting in the acquisition of Remitly Global common stock.
Summary
- Nigel Morris, a director of Remitly Global, Inc., filed a Form 4 on August 27, 2024, reporting changes in beneficial ownership.
- On August 25, 2024, Morris acquired 952 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Additionally, 1,875 shares of common stock were acquired through the vesting of RSUs on the same date.
- Following these transactions, Morris directly owns 1,818,278 shares of Remitly Global common stock.
- Morris also holds 7,500 derivative securities in the form of RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| November 25, 2021 | RSUs vested as to 1/16th of the total shares underlying the RSUs. |
| August 25, 2024 | Date of RSU vesting and stock acquisition. |
| August 27, 2024 | Date Form 4 was filed. |
| August 25, 2025 | 100% of the total shares underlying the RSUs vested. |
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