---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-002320"
form_type: "8-K"
ticker: "RELY"
cik: "0001782170"
company_name: "Remitly Global, Inc."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:08:22.521314+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Remitly appoints Sebastian Gunningham as CEO, co-founder Oppenheimer becomes Chairman

## Summary
- Sebastian Gunningham appointed CEO effective Feb 19, 2026; co-founder Matt Oppenheimer becomes Chairman.
- Gunningham receives $350k base salary, 1.46M PSUs with stock price thresholds $20-$50 over 5 years, and 787.5k RSUs.
- Gunningham also receives $4M cash payment (50% upfront, 50% at 1 year) with one-year clawback.
- Chief Business Officer Pankaj Sharma awarded $2M long-term cash incentive (50% paid Feb 2026, 50% Feb 2027) with clawback.
- Press release states Q4 and FY2025 results exceeded high ends of revenue and Adjusted EBITDA guidance.

## SEC filing metadata
- accession: 0000950103-26-002320
- form_type: 8-K
- ticker: RELY
- cik: 0001782170
- company_name: Remitly Global, Inc.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782170/000095010326002320/0000950103-26-002320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782170/000095010326002320/dp241651_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-002320
- JSON: https://secwatch.observer/filing/0000950103-26-002320.json
- Plain text: https://secwatch.observer/filing/0000950103-26-002320.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.