Filing Details

Accession Number:
0000950157-25-000427
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-05-15 17:09:09
Reporting Period:
2025-05-14
Filing Date:
2025-05-15
Accepted Time:
2025-05-15 17:09:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1782170 Remitly Global Inc. RELY Services-Advertising (7310) T3
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1106051 Ltd Naspers Naspers Limited
Nasionale Pers Sentrum 40 Heerengracht
Cape Town T3 8001
No No No No
1864839 N.v. Prosus Symphony Offices
Gustav Mahlerplein 5
Amsterdam P7 1082 MS
No No No No
1885449 B.v. Investments Fintech Payu Gustav Mahlerplein 5
Amsterdam P7 1082 MS
No No No No
Transaction Summary
Sold: 11,900,000 shares Avg. Price: $22.89 Total Value: $272,331,500.00
Number of Shares After Transactions: 25,441,745 shares
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2025-05-14 11,900,000 $22.89 25,441,745 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Footnotes
  1. Represents shares directly held by PayU Fintech Investments B.V. ("PayU") and indirectly held by Prosus N.V. ("Prosus") and Naspers Ltd ("Naspers"). PayU is a wholly owned subsidiary of MIH Fintech Holdings B.V., which in turn is a wholly owned subsidiary of MIH e-Commerce Holdings B.V., which in turn is a wholly owned subsidiary of MIH Internet Holdings B.V., which is in turn a wholly owned subsidiary of Prosus, which is a majority-owned subsidiary of Naspers. PayU is controlled by Prosus and Naspers, which share voting and dispositive control over the shares held by PayU.
  2. Naspers employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk ("Nasbel") and Keeromstraat 30 Beleggings (RF) Beperk ("Keerom"), the sole remit of which is to protect the continued independence of Naspers. Each of Nasbel and Keerom disclaims beneficial ownership of shares of CommonStock owned by the Reporting Persons, except to the extent of their respective pecuniary interest therein.