Flywire executive reports initial share holdings
Flywire Corp’s Chief Payments Officer Mohit Kansal filed an initial ownership report showing his equity stake in the company.
Rhea-AI Filing Summary
Flywire Corp’s Chief Payments Officer Mohit Kansal filed an initial ownership report showing his equity stake in the company. He directly holds stock options for 11,989 shares that are fully vested and exercisable, and 604,076 shares of voting common stock.
The common stock figure includes 96,036 shares and 508,040 shares underlying restricted stock unit awards that are subject to time-based vesting. The filing does not reflect any new purchase or sale, only Mr. Kansal’s existing holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kansal Mohit
Role
Chief Payments Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Voting Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 11,989 contracts (Direct);
Voting Common Stock — 604,076 shares (Direct)
Footnotes (2)
- F1. Includes 96,036 shares of common stock and 508,040 shares of common stock underlying restricted stock unit awards subject to time-based vesting.
- F2. The options are fully vested and exercisable.
FAQ
What does Mohit Kansal’s Form 3 filing for Flywire (FLYW) show?
The Form 3 shows Mohit Kansal’s initial ownership in Flywire. He reports 11,989 fully vested stock options and 604,076 shares of voting common stock, including time-vested restricted stock units, with no new buy or sell transactions disclosed.
How many Flywire (FLYW) stock options does Mohit Kansal hold?
Mohit Kansal holds stock options for 11,989 Flywire shares. According to the disclosure, these options are fully vested and exercisable, meaning he has already met all vesting conditions and can choose to exercise them under the option terms.
How much Flywire (FLYW) common stock does Mohit Kansal beneficially own?
He reports beneficial ownership of 604,076 shares of Flywire voting common stock. This total includes 96,036 actual shares plus 508,040 shares underlying restricted stock unit awards that will vest over time, all held as direct ownership.
Are Mohit Kansal’s Flywire restricted stock units (RSUs) fully vested?
No. The filing states 508,040 Flywire shares are underlying restricted stock unit awards subject to time-based vesting. This means those RSUs convert into common shares only as specific time-based vesting conditions are satisfied in the future.
Does Mohit Kansal’s Flywire Form 3 indicate recent insider buying or selling?
No, the Form 3 does not indicate recent buying or selling. It is an initial ownership report listing his existing holdings of 11,989 fully vested options and 604,076 common shares, including time-vested restricted stock units, with no transaction codes showing trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.