Flywire (FLYW) director exercises options, then sells 16,612 shares

Rhea-AI Filing Summary

Flywire Corporation director Phillip John Riese reported an option exercise and share sale involving the company’s voting common stock. On January 7, 2026, he exercised a fully vested stock option for 16,612 shares at an exercise price of $0.59 per share, acquiring the same number of voting common shares. That same day, he sold 16,612 shares of voting common stock at a weighted average price of $15.083 per share, in multiple trades within a price range of $15.00 to $15.25. Following these transactions, Riese directly held 234,493 shares of Flywire voting common stock and 90,921 stock options.

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

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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^*

Riese Phillip John

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

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	01/07/2026		M		16,612	A	$0.59	251,105	D
Voting Common Stock	01/07/2026		S		16,612	D	$15.083(1)	234,493	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
Stock Option (right to buy)	$0.59	01/07/2026		M			16,612	(2)	12/14/2026	Voting Common Stock	16,612	$0.00	90,921	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the ranges set forth in this footnote 1 to this Form 4.

2. The shares subject to this option are fully vested.

	/s/Phillip John Riese	01/09/2026
	** 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 in this Form 4?

The Form 4 reports that director Phillip John Riese exercised a stock option for 16,612 shares of Flywire voting common stock and sold 16,612 shares on January 7, 2026.

How many Flywire (FLYW) shares did the director sell and at what price?

Phillip John Riese sold 16,612 shares of Flywire voting common stock at a weighted average price of $15.083 per share, with individual trades ranging from $15.00 to $15.25.

What was the option exercise price for the Flywire (FLYW) shares?

The exercised stock option covered 16,612 shares of Flywire voting common stock at an exercise price of $0.59 per share, and the option was reported as fully vested.

How many Flywire (FLYW) shares does the director hold after the transaction?

After the reported transactions, Phillip John Riese directly held 234,493 shares of Flywire voting common stock.

How many Flywire (FLYW) stock options does the director still own after this Form 4?

Following the option exercise, Phillip John Riese beneficially owned 90,921 stock options relating to Flywire voting common stock.

Were the Flywire (FLYW) stock option shares fully vested at exercise?

Yes. The filing states that the shares subject to this option are fully vested at the time of the reported exercise.