CTO of Flywire (NASDAQ: FLYW) covers taxes with 34,811 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp Chief Technology Officer David R. King reported a tax-withholding disposition of 34,811 shares of Voting Common Stock at $12.43 per share on March 2, 2026. These shares were withheld by the issuer to satisfy income tax obligations tied to net-settled time-based restricted stock units and did not involve an open-market sale. After this, he held 1,092,680 shares directly. An additional 276,204 shares are held by the D R King Revocable Trust Dated 10/05/07, where he is trustee and disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
King David R.
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Voting Common Stock | 34,811 | $12.43 | $433K |
| holding | Voting Common Stock | -- | -- | -- |
Holdings After Transaction:
Voting Common Stock — 1,092,680 shares (Direct);
Voting Common Stock — 276,204 shares (Indirect, By Revocable Trust)
Footnotes (1)
- Represents the number of shares of common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of certain time-based restricted stock unit awards and does not represent an open market sale. 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.