Flywire counsel has 7,878 shares withheld for tax
Flywire’s General Counsel had shares withheld to cover taxes on RSU vesting, with no open market sale reported.
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 Peter Butterfield, its General Counsel and Chief Compliance Officer, had 7,878 shares of Voting Common Stock withheld on September 1, 2026 to satisfy income tax withholding and remittance obligations related to net settlement of time-based RSU awards. This was not an open market sale, and he continued to hold 613,178 shares directly after the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Voting Common Stock F1 | 7,878 | $18.185 | $143K |
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
net settlement financial
time-based restricted stock unit awards financial
income tax withholding and remittance obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Flywire Corp (FLYW) disclose for Peter Butterfield?
Was the September 1, 2026 FLYW Form 4 transaction an open market sale?
What transaction code was used in the Flywire (FLYW) Form 4 for Peter Butterfield?
Was the Flywire (FLYW) Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.