NASPERS LTD sold RELY

March 12, 2026 · Form 4 insider transaction

NASPERS LTD sold 12,000,000 shares of Remitly Global, Inc. at $15.98 per share, a transaction worth $191.76M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
12,000,000
Price
$15.98
Total value
$191.76M
Role
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMarch 12, 2026
Filing dateMarch 13, 2026
Shares owned after13,441,745
OwnershipIndirect
10b5-1 planNo
AmendedNo

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 all shares of Common Stock owned by the Reporting Persons, except to the extent of their respective pecuniary interest therein.

View the original Form 4 on SEC EDGAR
NASPERS LTD sold RELY: March 12, 2026 | Insider Trading Screener