SCHEDULE: Vanguard Adjusts Remitly Global Ownership Reporting

The Vanguard Group amended its Schedule 13G for Remitly Global Inc., reporting 0% beneficial ownership due to an internal realignment that shifts reporting to its subsidiaries.

Summary

• The Vanguard Group filed an Amendment No. 2 to its Schedule 13G for Remitly Global Inc. common stock.
• As a result of an internal realignment at The Vanguard Group, Inc. on January 12, 2026, it now reports 0% beneficial ownership of Remitly Global Inc. shares.
• Previously, certain subsidiaries or business divisions of Vanguard were deemed to have beneficial ownership with The Vanguard Group, Inc.
• Following the realignment, these subsidiaries and/or business divisions will report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538 (January 12, 1998).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these disaggregated entities.
• The filing indicates 0 shares with sole voting power, 0 shares with shared voting power, 0 shares with sole dispositive power, and 0 shares with shared dispositive power for The Vanguard Group itself.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is an administrative update regarding The Vanguard Group's internal reporting structure and does not reflect any change in Remitly Global Inc.'s operational performance or strategic direction.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are used by passive investors, such as large institutional asset managers like The Vanguard Group, to report beneficial ownership of 5% or more of a company's stock. This amendment reflects an internal administrative change within Vanguard's reporting structure, where beneficial ownership previously aggregated under the parent entity will now be reported by individual subsidiaries or business divisions. This is a common practice for large, diversified investment firms to comply with SEC regulations regarding beneficial ownership disclosure.

Stakeholder Impact

• Shareholders of Remitly Global Inc. will see a change in how Vanguard's aggregate beneficial ownership is reported, with the parent entity now showing 0% and individual Vanguard subsidiaries reporting separately. This is an administrative change and does not imply a divestment by Vanguard-managed funds, but rather a reallocation of reporting responsibility.

Key Dates

Keywords

Schedule 13G, Vanguard Group, Remitly Global Inc, Beneficial Ownership, SEC Filing, Internal Realignment, Common Stock