STOCK TITAN

Flywire (FLYW) CFO has shares withheld to cover RSU tax obligations

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Pitigoi Cosmin
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Voting Common Stock 39,722 $12.43 $494K
Holdings After Transaction: Voting Common Stock — 962,138 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pitigoi Cosmin

(Last) (First) (Middle)
C/O FLYWIRE CORPORATION
141 TREMONT STREET, SUITE 10

(Street)
BOSTON MA 02111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Flywire Corp [ FLYW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Voting Common Stock 03/02/2026 F 39,722(1) D $12.43 962,138 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
/s/ Cosmin Pitigoi 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Flywire (FLYW) report for its CFO?

Flywire’s CFO, Cosmin Pitigoi, reported a tax-withholding disposition of 39,722 shares. The shares were withheld by the company on March 2, 2026 to cover income tax obligations tied to vested restricted stock units, not sold on the open market.

Was the Flywire (FLYW) CFO’s recent share disposition an open market sale?

No, the transaction was not an open market sale. The shares were withheld by Flywire to satisfy income tax and remittance obligations from the net settlement of time-based restricted stock units, as explicitly described in the footnote to the Form 4 filing.

How many Flywire (FLYW) shares were withheld for the CFO’s taxes?

Flywire withheld 39,722 shares of Voting Common Stock from CFO Cosmin Pitigoi. The shares were valued at $12.43 each and were used to satisfy income tax withholding requirements related to the vesting of certain time-based restricted stock unit awards.

What is the Flywire (FLYW) CFO’s share ownership after the Form 4 transaction?

After the tax-withholding disposition, Flywire’s CFO directly owns 962,138 shares of Voting Common Stock. This figure reflects his holdings following the company’s withholding of 39,722 shares to cover tax obligations arising from vested restricted stock units.

What does transaction code F mean in the Flywire (FLYW) Form 4?

Transaction code F on the Flywire Form 4 indicates a tax-withholding disposition. It means shares were delivered or withheld to pay the exercise price or income tax liability, rather than being bought or sold in an open market stock transaction.

How is the Flywire (FLYW) CFO’s transaction described in the Form 4 footnote?

The footnote explains the 39,722 shares represent stock withheld by Flywire. The withholding satisfies income tax and remittance obligations from the net settlement of time-based restricted stock unit awards and explicitly states this does not represent an open market sale of shares.