Pankaj Sharma, Chief Business Officer of Remitly Global, Inc. (NASDAQ:RELY), filed a Form 4 on August 26, 2026, disclosing a transaction in the company's common stock dated August 25, 2026.

Key Highlights

  • Reporting person: Pankaj Sharma, Chief Business Officer of Remitly Global, Inc.
  • Transaction type: 15,788 shares of common stock disposed of (transaction code F) on August 25, 2026.
  • Price per share: $26.59, representing the per-share value used for the withholding.
  • Purpose: Shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units, according to the filing.
  • Remaining ownership: Following the transaction, Sharma directly beneficially owns 737,022 shares of common stock.

Remitly Global CBO Discloses RSU Tax Withholding Transaction

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Pankaj Sharma, serving as Chief Business Officer of Remitly Global, Inc., reported the disposition of 15,788 shares of common stock on August 25, 2026. The filing categorizes the transaction under code "F," which corresponds to shares withheld by the issuer. The filing's footnote states: "Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units."

The shares were disposed of at a price of $26.59 per share, as reported in Table I of the filing. The transaction is recorded as a direct disposition. No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person and was signed by Cameron Cohen as attorney-in-fact on August 26, 2026.

Following the reported transaction, the filing indicates that Sharma directly and beneficially owns 737,022 shares of Remitly Global common stock. The company's shares are listed on NASDAQ under the ticker symbol RELY, as identified on the filing's cover.

What Was Disclosed

Remitly Global CBO Pankaj Sharma disclosed the withholding of 15,788 shares of common stock at $26.59 per share on August 25, 2026, to cover tax obligations tied to restricted stock unit vesting, leaving him with direct beneficial ownership of 737,022 shares.