Remitly Global Inc
For the period ended Mar 31, 2025. Filed May 7, 2025.
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Mar 31, 2025 · Filed May 7, 2025
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Item 5. Other Information
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
On March 11, 2025, Phillip Riese, amember of the Company’s board of directors, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. Mr. Riese’s plan is for the sale of up to 60,000 shares of our common stock and terminates on the earlier of the date all the shares under the plan are sold and April 30, 2026.
On March 12, 2025, Saema Somalya, our Chief Legal and Corporate Affairs Officer, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. Ms. Somalya’s plan is for the sale of up to 191,347 shares of our common stock, the actual number of which may be less based on tax withholdings of RSUs, and terminates on the earlier of the date all the shares under the plan are sold and May 15, 2026.
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