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RELYRemitly Global, Inc. · Insider ownership research

Remitly Global, Inc. insiders sold $42.4M in the past 12 months. How much of their stake is that?

72% was sold under disclosed trading plans, 28% with no plan disclosed. The largest seller, Joshua Hug (Director), sold $24.3M. 21% of these sales were shares from exercising options.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$11.8M
sold with no plan disclosed, past 12 months
72%
of sales were under disclosed trading plans, past 12 months
9 of 17
officers and directors sold shares, past 12 months
Is this normal? More than usual: about 4x the 4-year average. 9 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Oct 8 for a sale from Oct 6 to Oct 7. Joshua Hug sold 11K shares ($254K) under a disclosed plan. Filing
SEC ownership filings: 95 filed in the 12 months to Oct 16, 2026; 443 on record since Sep 22, 2021 · See the evidence

What stands out

Three insiders sold $11.5M with no disclosed plan: Phillip Riese ($8.0M), Nigel Morris ($2.3M) and Ankur Sinha ($1.2M). The filings don't state a reason.Phillip Riese: largest such sale, Aug 7, 2026 · Nigel Morris: largest such sale, Aug 17, 2026 · Ankur Sinha: largest such sale, May 14, 2026
Outside holder NASPERS LTD, a 10% owner and not part of management, sold $192M of stock.Largest sale, Mar 12, 2026

A share of stake is shown for 0 of the 9 officers and directors who sold. 17 are left out

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Left out: Matthew Oppenheimer, Joshua Hug, Nigel Morris, Ankur Sinha, Pankaj Sharma, Bora Chung, Phillip Riese, Vikas Mehta, Saema Somalya, Margaret Smyth, Ryno Blignaut, Laurent Le Moal, Phyllis Campbell, Luke Tavis, Sebastian Gunningham, Tai-Hong Fung and Adam Messinger (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Joshua Hug
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$24.3MDisclosed plan
Phillip Riese
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$8.8M9% planned 91% no plan disclosed
Nigel Morris
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.3MNo plan disclosed
Pankaj Sharma
Chief Business Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.7MDisclosed plan
Vikas Mehta
Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.6MDisclosed plan
All 9 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $85K under a disclosed planNovDec 2025: $654K under a disclosed planDecJanFeb 2026: $134K under a disclosed planFebMar 2026: $2.5M under a disclosed planMarApr 2026: $3.2M under a disclosed planAprMay 2026: $2.4M under a disclosed planMay 2026: $1.5M no plan disclosedMayJun 2026: $2.0M under a disclosed planJunJul 2026: $17.6M under a disclosed plan$17.6MJulAug 2026: $1.5M under a disclosed planAug 2026: $10.1M no plan disclosedAugSep 2026: $271K under a disclosed planSep 2026: $170K no plan disclosedSepOct 2026: $254K under a disclosed planOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026
Oct 7, 2026Joshua Hug sold 5.5K shares ($127K) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Joshua Hug
Director
5,500$23.07n/an/aOct 7, 2026Oct 8, 2026
Oct 6, 2026Joshua Hug sold 5.5K shares ($127K) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Joshua Hug
Director
5,500$23.18n/an/aOct 6, 2026Oct 8, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Outside holders, reported separately

NASPERS LTD sold $192M in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Remitly Global, Inc. CEO selling stock?

No. Sebastian Gunningham reported no open-market sales in the past 12 months.

Why are Remitly Global, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 72% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 28% had no disclosed plan. A trading plan schedules sales in advance.

Are any Remitly Global, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold9 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Joshua Hug
Director
$24.3M
1.04M shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Phillip Riese
Director
$8.8M
370K shares
Not confirmed
share of stake is being verified. Why
9% under a disclosed plan 91% no plan disclosed
Nigel Morris
Director
$2.3M
90K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Pankaj Sharma
Chief Business Officer
$1.7M
82K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Vikas Mehta
Chief Financial Officer
$1.6M
75K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Saema Somalya
Clcao
$1.5M
84K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Ankur Sinha
Chief Product and Tech Officer
$1.5M
67K shares
Not confirmed
share of stake is being verified. Why
22% under a disclosed plan 78% no plan disclosed
Bora Chung
Director
$257K
12K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Ryno Blignaut
Director
$252K
18K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan

Board members representing outside shareholders, reported separately: Nigel Morris. Details

Outside holder, reported separately: NASPERS LTD (a 10% owner, not part of management). Sold $192M (12.00M shares) from Mar 12, 2026 to Mar 12, 2026. Latest filing

The full ownership picture0 of 17 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Matthew Oppenheimer
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Matthew Oppenheimer are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Matthew Oppenheimer

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Matthew Oppenheimer are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Joshua Hug
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Joshua Hug are complete.
Director
n/a−1.04Mn/an/a
Vesting, gifts, unvested awards and holding lines for Joshua Hug

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Joshua Hug are complete; balances and unit counts will be added when the check is finished.

−70Kgifted (net of own trusts)
Nigel Morris
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nigel Morris are complete.
Director
n/a−90Kn/an/a
Vesting, gifts, unvested awards and holding lines for Nigel Morris

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nigel Morris are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ankur Sinha
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ankur Sinha are complete.
Chief Product and Tech Officer
n/a−67Kn/an/a
Vesting, gifts, unvested awards and holding lines for Ankur Sinha

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ankur Sinha are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−70Kwithheld by the company for taxes
Pankaj Sharma
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Pankaj Sharma are complete.
Chief Business Officer
n/a−82Kn/an/a
Vesting, gifts, unvested awards and holding lines for Pankaj Sharma

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Pankaj Sharma are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−60Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
20,000$1.70Aug 31, 2028$427K
1,000$2.51Dec 30, 2029$21K
5,833$2.00Apr 22, 2030$123K
11,667$2.00Apr 22, 2030$246K
39,999$6.55Apr 22, 2031$661K
80,000$6.55Apr 22, 2031$1.3M

Estimate: options held × ($23.07 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Bora Chung
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Bora Chung are complete.
Director
n/a−12Kn/an/a
Vesting, gifts, unvested awards and holding lines for Bora Chung

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bora Chung are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Phillip Riese
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Phillip Riese are complete.
Director
n/a−370Kn/an/a
Vesting, gifts, unvested awards and holding lines for Phillip Riese

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Phillip Riese are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
485,000$0.64Jan 30, 2027$10.9M

Estimate: options held × ($23.07 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Vikas Mehta
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Vikas Mehta are complete.
Chief Financial Officer
n/a−75Kn/an/a
Vesting, gifts, unvested awards and holding lines for Vikas Mehta

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Vikas Mehta are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−60Kwithheld by the company for taxes
Saema Somalya
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Saema Somalya are complete.
Clcao
n/a−84Kn/an/a
Vesting, gifts, unvested awards and holding lines for Saema Somalya

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Saema Somalya are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−46Kwithheld by the company for taxes
Margaret Smyth
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Margaret Smyth are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Margaret Smyth

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Margaret Smyth are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ryno Blignaut
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ryno Blignaut are complete.
Director
n/a−18Kn/an/a
Vesting, gifts, unvested awards and holding lines for Ryno Blignaut

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ryno Blignaut are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Laurent Le Moal
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Laurent Le Moal are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Laurent Le Moal

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Laurent Le Moal are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Phyllis Campbell
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Phyllis Campbell are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Phyllis Campbell

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Phyllis Campbell are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Luke Tavis
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Luke Tavis are complete.
Chief Accounting Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Luke Tavis

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Luke Tavis are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−3.6Kwithheld by the company for taxes
Sebastian Gunningham
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Sebastian Gunningham are complete.
Chief Executive Officer, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Sebastian Gunningham

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sebastian Gunningham are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−46Kwithheld by the company for taxes
Tai-Hong Fung
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Tai-Hong Fung are complete.
Chief Accounting Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Tai-Hong Fung

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Tai-Hong Fung are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Adam Messinger
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Adam Messinger are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Adam Messinger

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Adam Messinger are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Remitly Global, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$42.4M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $42.4M across 1,838,866 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($11.8M), including tax-related sales outside a plan.

No plan disclosed · $11.8M

Sales with no 10b5-1 plan and no tax reference in the filing. $8.0M of it is Phillip Riese. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Phillip Riese, Aug 7, 2026

Taxes

284,906 shares ($5.6M) were withheld by the company for taxes, which isn't a market sale.

Charitable gifts · 70K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Joshua Hug
Director
1.04M$24.3M100%57%Dec 1, 2025 to Oct 7, 2026
Phillip Riese
Director
370K$8.8M9%21%Apr 17, 2026 to Aug 12, 2026
Nigel Morris
Director
90K$2.3M0%6%May 13, 2026 to Sep 2, 2026
Pankaj Sharma
Chief Business Officer
82K$1.7M100%4%Nov 12, 2025 to Aug 28, 2026
Vikas Mehta
Chief Financial Officer
75K$1.6M100%4%Mar 3, 2026 to Aug 25, 2026
Saema Somalya
Clcao
84K$1.5M100%4%Mar 4, 2026 to Apr 27, 2026
Ankur Sinha
Chief Product and Tech Officer
67K$1.5M22%4%Mar 11, 2026 to May 26, 2026
Bora Chung
Director
12K$257K0%0.6%May 20, 2026 to May 20, 2026
Ryno Blignaut
Director
18K$252K100%0.6%Nov 26, 2025 to Mar 16, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$85K$85K$0$0
Dec 2025$654K$654K$0$0
Jan 2026$0$0$0$0
Feb 2026$134K$134K$0$0
Mar 2026$2.5M$2.5M$0$0
Apr 2026$3.2M$3.2M$0$0
May 2026$3.9M$2.4M$0$1.5M
Jun 2026$2.0M$2.0M$0$0
Jul 2026$17.6M$17.6M$0$0
Aug 2026$11.6M$1.5M$0$10.1M
Sep 2026$442K$271K$0$170K
Oct 2026$254K$254K$0$0
Board members representing outside shareholders (1)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Nigel Morris
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nigel Morris are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Nigel Morris

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nigel Morris are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Is this normal? Selling year by year4 earlier years to compare with

More than usual: about 4x the 4-year average. 9 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
1.84M9$42.4M
Oct 16, 2025
1 year earlier
1.03M9$21.1M
Oct 16, 2024
2 years earlier
663K8$12.4M
Oct 17, 2023
3 years earlier
280K4$5.9M
Oct 17, 2022
4 years earlier
15K1$171K
Oct 17, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty17 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Remitly Global, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology443 filings on record, 95 filed in the 12-month period, and how we read them

All 443 Forms 3, 4 and 5 on record for Remitly Global, Inc. (SEC CIK 1782170), filed from Sep 22, 2021 to Oct 8, 2026; 95 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (8)No filing in 18 months; last reported balances, not in any total

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.