STOCK TITAN

Flywire (NASDAQ: FLYW) CPO sells 54,543 shares in 10b5-1 trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Flywire Corp Chief Payments Officer Mohit Kansal sold 54,543 shares of Voting Common Stock in an open-market transaction. The shares were sold at a weighted average price of $15.1549 per share, with individual trade prices ranging from $14.79 to $15.50.

After this sale, Kansal directly holds 504,320 shares of Flywire common stock, which reflects an adjustment for 990 shares acquired under the company’s Employee Stock Purchase Plan. The sale was carried out under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than timed discretionarily.

Positive

  • None.

Negative

  • None.

Insights

Pre-planned open-market sale represents a modest portion of Kansal’s holdings.

The filing shows Chief Payments Officer Mohit Kansal executed an open-market sale of 54,543 shares of Flywire Voting Common Stock at a weighted average price of $15.1549 per share. Trade prices ranged from $14.79 to $15.50, indicating execution across multiple price levels.

Following the transaction, Kansal directly holds 504,320 shares, a substantially larger position than the amount sold. A footnote states the sale was made under a previously adopted Rule 10b5-1 trading plan, suggesting it was pre-arranged for diversification or liquidity rather than opportunistic timing.

The position figure also reflects an adjustment for 990 shares acquired through the Employee Stock Purchase Plan. With no derivative positions listed in the filing and a significant remaining shareholding, this appears to be a routine, planned disposition whose impact on the broader investment case for Flywire is limited.

Insider Kansal Mohit
Role Chief Payments Officer
Sold 54,543 shs ($827K)
Type Security Shares Price Value
Sale Voting Common Stock 54,543 $15.1549 $827K
Holdings After Transaction: Voting Common Stock — 504,320 shares (Direct, null)
Footnotes (1)
  1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.79 to $15.50, 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. Adjusted to reflect 990 shares acquired under the Issuer's Employee Stock Purchase Plan.
Shares sold 54,543 shares Voting Common Stock sold on 2026-06-15
Weighted average sale price $15.1549 per share Open-market sale range $14.79–$15.50
Post-transaction holdings 504,320 shares Directly owned Voting Common Stock after sale
Shares acquired via ESPP 990 shares Employee Stock Purchase Plan adjustment to holdings
Net shares sold 54,543 shares Net-sell direction in transaction summary
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.
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.
Employee Stock Purchase Plan financial
"Adjusted to reflect 990 shares acquired under the Issuer's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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.
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SEC Form 4
FORM 4UNITED 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).
X
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*
Kansal Mohit

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

(Street)
BOSTON MASSACHUSETTS 02111

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Flywire Corp [ FLYW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Payments Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Voting Common Stock06/15/2026S(1)54,543D$15.1549(2)504,320(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.79 to $15.50, 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.
3. Adjusted to reflect 990 shares acquired under the Issuer's Employee Stock Purchase Plan.
/s/ Mohit Kansal06/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Flywire (FLYW) executive Mohit Kansal do in this Form 4 filing?

Mohit Kansal sold 54,543 shares of Flywire Voting Common Stock in an open-market transaction. The sale was executed under a previously adopted Rule 10b5-1 trading plan, meaning it was pre-scheduled rather than timed in response to recent market developments.

At what price did Mohit Kansal sell Flywire (FLYW) shares?

The reported weighted average sale price was $15.1549 per share. Individual trades occurred at prices ranging from $14.79 to $15.50, inclusive, across multiple transactions, as disclosed in the Form 4 footnote describing the detailed execution price range.

How many Flywire (FLYW) shares does Mohit Kansal hold after this sale?

After the reported sale, Mohit Kansal directly holds 504,320 shares of Flywire Voting Common Stock. This post-transaction figure includes an adjustment for 990 shares acquired earlier through Flywire’s Employee Stock Purchase Plan, as stated in the Form 4 footnotes.

Was Mohit Kansal’s sale of Flywire (FLYW) shares pre-planned?

Yes. The Form 4 states the shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan. Such plans allow executives to schedule trades in advance, reducing the appearance that sales are based on short-term, non-public information or market timing.

What does the weighted average price mean in this Flywire (FLYW) insider sale?

The weighted average price of $15.1549 reflects the blended price across all sale executions. The Form 4 notes that shares were sold in multiple transactions between $14.79 and $15.50, and detailed price-by-trade information is available from the issuer or the reporting person upon request.