Flywire CFO stock withheld to cover RSU taxes
Flywire Corp’s Chief Financial Officer, Cosmin Pitigoi, reported a tax-related stock transaction.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Flywire Corp’s Chief Financial Officer, Cosmin Pitigoi, reported a tax-related stock transaction. On March 2, 2026, the company withheld 39,722 shares of Voting Common Stock at $12.43 per share to satisfy income tax obligations on vested restricted stock units.
The footnote explains this was a tax-withholding disposition and not an open market sale. After this withholding, Pitigoi’s direct holdings total 962,138 shares of Voting Common Stock, showing he continues to hold a substantial equity position in Flywire.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Voting Common Stock | 39,722 | $12.43 | $494K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Flywire (FLYW) report for its CFO?
What does transaction code F mean in the Flywire (FLYW) Form 4?
How is the Flywire (FLYW) CFO’s transaction described in the Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.