Flywire officer sells 12,423 shares at $18.69 avg
Flywire’s Chief Payments Officer had shares withheld for RSU taxes and sold additional shares under a Rule 10b5‑1 trading plan.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Flywire Corp (FLYW) reported that Chief Payments Officer Mohit Kansal disposed of Voting Common Stock in two transactions. On September 1, 2026, 9,923 shares were withheld to satisfy income tax obligations related to net settlement of time-based RSU awards, which did not involve any open-market sale. On September 2, 2026, he sold 12,423 shares in open-market or private transactions at a weighted average price of $18.6945 per share, executed under a previously adopted Rule 10b5-1 trading plan, with individual sale prices ranging from $18.04 to $19.04.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock F2, F3 | 12,423 | $18.6945 | $232K |
| Tax Withholding | Voting Common Stock F1 | 9,923 | $18.185 | $180K |
Footnotes (3)
- 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.
- F2. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.04 to $19.04, 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
net settlement financial
restricted stock unit awards financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FLYW report for Mohit Kansal?
Were the Flywire (FLYW) insider sales made under a Rule 10b5-1 trading plan?
What type of stock was involved in Mohit Kansal’s Flywire (FLYW) Form 4 transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.