STOCK TITAN

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.

(High)
(Neutral)
Form Type
4

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.

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Insights

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Insider Pitigoi Cosmin
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Voting Common Stock F1 21,673 $18.185 $394K
Holdings After Transaction: Voting Common Stock — 856,575 shares (Direct)
Footnotes (1)
  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.
Shares withheld for tax 21,673 shares Shares of Voting Common Stock withheld on September 1, 2026 to satisfy income tax obligations
Price per share for withheld shares $18.185 per share Reported price associated with the 21,673 withheld shares
Shares held after transaction 856,575 shares CFO’s direct beneficial ownership of Flywire Voting Common Stock following the withholding
restricted stock unit awards financial
"in connection with the net settlement of certain time-based restricted stock unit awards"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
net settlement financial
"in connection with the net settlement of certain time-based restricted stock unit awards"
income tax withholding and remittance obligations financial
"to satisfy its income tax withholding and remittance obligations in connection"
Voting Common Stock financial
"Represents the number of shares of common stock that have been withheld"

FAQ

What insider transaction did Flywire (FLYW) disclose for CFO Cosmin Pitigoi?

Flywire disclosed that CFO Cosmin Pitigoi had 21,673 shares of Voting Common Stock withheld on September 1, 2026 to cover income tax withholding related to net-settled time-based RSU awards. The company states this does not represent an open market sale.

How many Flywire (FLYW) shares does the CFO hold after this Form 4 event?

After the reported tax-withholding transaction, CFO Cosmin Pitigoi beneficially owns 856,575 shares of Flywire Voting Common Stock held directly, according to the Form 4 data provided.

Was the Flywire (FLYW) CFO’s September 1, 2026 transaction an open market sale?

No. A footnote explains the 21,673 shares were withheld by Flywire to satisfy income tax withholding and remittance obligations from RSU net settlement and “does not represent an open market sale.”

What price per share is associated with the Flywire (FLYW) CFO’s tax-withholding shares?

The Form 4 reports a price of $18.185 per share for the 21,673 shares of Voting Common Stock that were withheld to satisfy the CFO’s income tax withholding obligations related to restricted stock unit vesting.

Was the Flywire (FLYW) CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning there is no Rule 10b5-1 trading plan reported in connection with this tax-withholding disposition.

What type of equity award triggered the Flywire (FLYW) CFO’s tax-withholding transaction?

The footnote states the withholding related to the net settlement of time-based restricted stock unit awards, where shares were withheld by Flywire to meet income tax withholding and remittance obligations upon vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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).
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 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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
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 Stock09/01/2026F21,673(1)D$18.185856,575D
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. 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.
Remarks:
/s/ Cosmin Pitigoi09/03/2026
** 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)