A Form 4 filed on September 10, 2026 discloses that Joshua Hug, a director of Remitly Global, Inc. (NASDAQ:RELY), sold a total of 11,000 shares of common stock on September 8 and September 9, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Two-day sale: Joshua Hug disposed of 5,500 shares on September 8, 2026 and 5,500 shares on September 9, 2026.
  • September 8 price: The weighted average sale price on September 8 was $25.03, with individual transactions ranging from $24.72 to $25.88.
  • September 9 price: The weighted average sale price on September 9 was $24.30, with individual transactions ranging from $24.00 to $24.84.
  • Remaining direct ownership: Following the transactions, Hug directly beneficially owned 2,658,889 shares of common stock.
  • Indirect holdings: An additional 300,000 shares are held indirectly by a family trust of which the reporting person's spouse is the trustee.
  • 10b5-1 plan: Both sales were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by Hug on December 11, 2025.

Joshua Hug's Share Sales at Remitly Global: Transaction Details

According to the filing, Joshua Hug, identified as a director of Remitly Global, Inc., sold shares of the company's common stock on two consecutive trading days. On September 8, 2026, Hug disposed of 5,500 shares at a weighted average price of $25.03, with individual sale prices ranging from $24.72 to $25.88. Following that transaction, his direct beneficial ownership stood at 2,664,389 shares, the filing disclosed.

On September 9, 2026, an additional 5,500 shares were disposed of at a weighted average price of $24.30, with individual sale prices ranging from $24.00 to $24.84. After this second transaction, Hug's direct beneficial ownership decreased to 2,658,889 shares, according to the filing. The reporting person also holds 300,000 shares indirectly through a family trust, of which his spouse serves as trustee.

The filing notes that both transactions "were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025." The form was signed by Jeff Mason as attorney-in-fact on September 10, 2026. The filing also states that Hug will provide full details on the number of shares sold at each individual price within the stated ranges upon request by the issuer, any security holder, or SEC staff.

What Was Disclosed

The Form 4 reports the sale of 11,000 total shares of Remitly Global common stock by director Joshua Hug across September 8 and 9, 2026, executed under a pre-adopted Rule 10b5-1 plan, leaving him with direct ownership of 2,658,889 shares and indirect trust holdings of 300,000 shares.