---
schema_version: "secwatch.filing_event.v1"
accession: "0001782170-24-000277"
form_type: "8-K"
ticker: "RELY"
cik: "0001782170"
company_name: "Remitly Global, Inc."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:23:38.118342+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Remitly EVP Rene Yoakum to retire Dec 31, enters consulting agreement through 2026

## Summary
- Rene Yoakum, EVP Customer and Culture, retires Dec 31, 2024; consulting agreement runs Jan 1, 2025 to Dec 31, 2026.
- During consulting term, Yoakum continues vesting of 31,250 stock options and 262,991 RSUs outstanding.
- Upon Yoakum's death, all unvested equity awards accelerate and vest in full.
- Company pays 18 months COBRA coverage and $4,000/month health insurance premiums thereafter.
- Consulting agreement includes release of claims and confidentiality provisions.

## SEC filing metadata
- accession: 0001782170-24-000277
- form_type: 8-K
- ticker: RELY
- cik: 0001782170
- company_name: Remitly Global, Inc.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782170/000178217024000277/0001782170-24-000277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782170/000178217024000277/rely-20241217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001782170-24-000277
- JSON: https://secwatch.observer/filing/0001782170-24-000277.json
- Plain text: https://secwatch.observer/filing/0001782170-24-000277.txt

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