Flywire David R. King trust sells 55,325 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Flywire Corp (FLYW) Chief Product Officer & Co-President of Global Education David R. King reported that the D R King Revocable Trust sold 55,325 voting common shares on November 2, 2026, at a weighted average price of $20.0499 per share under a previously adopted Rule 10b5-1 trading plan. King is a trustee of the trust. The trust held 147,079 shares after the sale. The report also lists 1,075,679 shares held directly by King; he disclaims beneficial ownership of the trust shares except to the extent of any pecuniary interest.
Insider Trade Summary 10b5-1
Net Seller: 55,325 shares
Net Sell
1 txn
Insider
King David R.
Role
See Remarks
Sold
55,325 shs ($1.11M)
Share of Position Sold
27.3%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock F1, F2, F3 | 55,325 | $20.0499 | $1.11M |
| Holding | Voting Common Stock | -- | -- | -- |
Holdings After Transaction:
Voting Common Stock — 147,079 shares (Indirect, By Revocable Trust);
Voting Common Stock — 1,075,679 shares (Direct)
Holdings Before and After:
Voting Common Stock, 202,404 to 147,079 shares (Indirect, By Revocable Trust)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (3)
- F1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.175, inclusive. The Reporting Person has provided to the Issuer and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3. The shares are held by the D R King Revocable Trust Dated 10/05/07, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of the Reporting Person's pecuniary interests therein, if any.
Key Figures
Shares sold: 55,325 shares
Weighted average sale price: $20.0499 per share
Sale price range: $20.00 to $20.175 per share
+2 more
5 metrics
Shares sold
55,325 shares
Voting common stock sold by the D R King Revocable Trust on November 2, 2026
Weighted average sale price
$20.0499 per share
Trust shares sold on November 2, 2026
Sale price range
$20.00 to $20.175 per share
Prices in multiple transactions; inclusive
Trust shares after sale
147,079 shares
D R King Revocable Trust position following the November 2, 2026 sale
Directly held shares
1,075,679 shares
Shares listed as directly held by David R. King following the November 2, 2026 transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interests
4 terms
Rule 10b5-1 trading plan regulatory
"sold pursuant to a previously adopted Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interests regulatory
"except to the extent of the Reporting Person's pecuniary interests therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.
