Flywire (FLYW) payments chief sells 3,650 shares in pre-planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp’s Chief Payments Officer Mohit Kansal executed an open-market sale of 3,650 shares of Voting Common Stock at $16.96 per share. The transaction was carried out under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-planned. Following the sale, Kansal directly holds 500,670 shares, so the trade represents only a small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,650 shares ($61,904)
Net Sell
1 txn
Insider
Kansal Mohit
Role
Chief Payments Officer
Sold
3,650 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock | 3,650 | $16.96 | $62K |
Holdings After Transaction:
Voting Common Stock — 500,670 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,650 shares
Sale price: $16.96 per share
Shares held after transaction: 500,670 shares
+2 more
5 metrics
Shares sold
3,650 shares
Open-market sale of Voting Common Stock
Sale price
$16.96 per share
Price for the 3,650-share transaction on 2026-06-25
Shares held after transaction
500,670 shares
Direct ownership following the reported sale
Net buy/sell shares
-3,650 shares
Net effect of reported transactions (net-sell)
Sell transactions count
1 transaction
Number of sale trades in this Form 4
Key Terms
Voting Common Stock, open-market sale, Rule 10b5-1 trading plan, Form 4
4 terms
Voting Common Stock financial
"security_title: "Voting Common Stock""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 trading plan regulatory
"Shares were 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Flywire (FLYW) executive Mohit Kansal report in this Form 4?
Mohit Kansal reported selling 3,650 Flywire shares. He sold Voting Common Stock at $16.96 per share in an open-market transaction and now directly holds 500,670 shares after the trade.
Was the Flywire (FLYW) insider sale made under a Rule 10b5-1 trading plan?
Yes, the sale was made under a Rule 10b5-1 plan. A footnote explains that the 3,650 shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan, indicating the transaction was pre-scheduled.
Does the Flywire (FLYW) Form 4 involve any derivative securities or option exercises?
No derivative securities or option exercises are shown. The filing reports only a non-derivative transaction: an open-market sale of Voting Common Stock, with no accompanying option exercises or derivative positions listed.