Flywire CFO has 21,673 shares withheld for tax
Flywire’s CFO had shares withheld to cover taxes on RSU vesting, with no open market sale and over 856,000 shares still held.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Flywire Corp (FLYW) reported that Chief Financial Officer Cosmin Pitigoi had 21,673 shares of Voting Common Stock withheld on September 1, 2026 to satisfy income tax withholding and remittance obligations arising from the net settlement of time-based restricted stock unit awards. The company states this was not an open market sale. Following this tax-withholding disposition, Pitigoi beneficially holds 856,575 shares of Flywire common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Voting Common Stock F1 | 21,673 | $18.185 | $394K |
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.
Key Figures
Key Terms
restricted stock unit awards financial
net settlement financial
income tax withholding and remittance obligations financial
Voting Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Flywire (FLYW) disclose for CFO Cosmin Pitigoi?
Was the Flywire (FLYW) CFO’s September 1, 2026 transaction an open market sale?
Was the Flywire (FLYW) CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?
What type of equity award triggered the Flywire (FLYW) CFO’s tax-withholding transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.