Was the Flywire CFO’s 35,000-share sale discretionary or pre-planned?

The 35,000-share sale by Flywire CFO Cosmin Pitigoi was executed under a previously adopted Rule 10b5-1 trading plan. Such plans pre-schedule trades, indicating the timing of this transaction was set in advance rather than chosen opportunistically.

Flywire (NASDAQ: FLYW) CFO sells 35,000 shares in planned trade

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Flywire Corp Chief Financial Officer Cosmin Pitigoi executed an open-market sale of 35,000 shares of Voting Common Stock on May 6, 2026.

The shares were sold at a weighted average price of $17.3764 per share under a previously adopted Rule 10b5-1 trading plan. After this transaction, Pitigoi directly holds 897,138 shares of Flywire common stock.

Insider Trade Summary 10b5-1

Net Seller: 35,000 shares ($608,174)

Net Sell 1 txn

Insider Pitigoi Cosmin

Role Chief Financial Officer

Sold 35,000 shs ($608K)

Type	Security	Shares	Price	Value
Sale	Voting Common Stock	35,000	$17.3764	$608K

Holdings After Transaction: Voting Common Stock — 897,138 shares (Direct, null)

Footnotes (1)

Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.75. 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

Shares sold: 35,000 shares Weighted average sale price: $17.3764 per share Share price range: $17.00–$17.75 per share +2 more

5 metrics

Shares sold 35,000 shares Open-market sale on May 6, 2026

Weighted average sale price $17.3764 per share Voting Common Stock sale

Share price range $17.00–$17.75 per share Range of prices for multiple sale transactions

Shares owned after sale 897,138 shares Direct holdings following the reported transaction

Net shares sold in filing 35,000 shares Net-sell direction per transaction summary

Key Terms

Rule 10b5-1 trading plan, open-market sale, Voting Common Stock

3 terms

Rule 10b5-1 trading plan financial

"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.

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.

Voting Common Stock financial

"security_title": "Voting Common Stock""

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:16 PM

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

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Voting Common Stock	05/06/2026		S⁽¹⁾		35,000	D	$17.3764⁽²⁾	897,138	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.

2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.75. 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.

	/s/ Cosmin Pitigoi	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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

Flywire reported that CFO Cosmin Pitigoi sold 35,000 shares of Voting Common Stock. The open-market sale occurred on May 6, 2026, at a weighted average price of $17.3764 per share, according to the Form 4 insider trading disclosure.

What price did Flywire’s CFO receive for the shares sold?

Cosmin Pitigoi’s 35,000 Flywire shares were sold at a weighted average price of $17.3764. The Form 4 notes these shares were sold in multiple transactions, with prices ranging between $17.00 and $17.75 per share during the trading day.

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

After selling 35,000 shares, Flywire CFO Cosmin Pitigoi directly holds 897,138 shares of Voting Common Stock. This post-transaction holding reflects his remaining equity stake as reported in the Form 4 filing with the Securities and Exchange Commission.

What does a Rule 10b5-1 trading plan mean for this Flywire insider sale?

A Rule 10b5-1 trading plan allows insiders to pre-arrange stock trades while limiting timing discretion. Flywire’s Form 4 states the CFO’s 35,000-share sale followed such a plan, suggesting the trade timing was predetermined rather than based on short-term market developments.