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
- 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.
- 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.