Flywire counsel sells 31,096 shares in plan trade
Flywire Corp General Counsel and CCO Peter Butterfield reported an open-market sale of 31,096 shares of Voting Common Stock on July 1, 2026.
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Form Type
4
Rhea-AI Filing Summary
Flywire Corp General Counsel and CCO Peter Butterfield reported an open-market sale of 31,096 shares of Voting Common Stock on July 1, 2026. The shares were sold at a weighted average price of $18.0558, in multiple trades between $18.00 and $18.12 per share, under a previously adopted Rule 10b5-1 trading plan. Following this transaction, Butterfield directly owns 621,056 shares of Flywire common stock.
Insider Trade Summary 10b5-1
Net Seller: 31,096 shares
Net Sell
1 txn
Insider
Butterfield Peter
Role
General Counsel and CCO
Sold
31,096 shs ($561K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock | 31,096 | $18.0558 | $561K |
Holdings After Transaction:
Voting Common Stock — 621,056 shares (Direct)
Footnotes (2)
- F1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.12, 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
Shares sold: 31,096 shares
Weighted average sale price: $18.0558 per share
Sale price range: $18.00–$18.12 per share
+3 more
6 metrics
Shares sold
31,096 shares
Open-market sale on July 1, 2026
Weighted average sale price
$18.0558 per share
Voting Common Stock sale
Sale price range
$18.00–$18.12 per share
Multiple transactions within this band
Shares held after transaction
621,056 shares
Direct ownership following the sale
Transaction code
S (sale)
Open-market or private transaction designation
Net buy/sell direction
Net sale of 31,096 shares
Transaction summary for this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, Voting Common Stock, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Voting Common Stock financial
"security_title: Voting Common Stock"
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.
Form 4 regulatory
"This data summarizes a Form 4 insider transaction filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Flywire (FLYW) report for Peter Butterfield?
Flywire reported that General Counsel and CCO Peter Butterfield sold 31,096 shares of Voting Common Stock. The sale occurred on July 1, 2026, as an open-market transaction, and was executed under a previously adopted Rule 10b5-1 trading plan.
Was the Flywire (FLYW) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan. Such plans allow insiders to prearrange trades, helping separate routine portfolio management from opportunistic market-timing decisions.
What does the weighted average price mean in the Flywire (FLYW) Form 4?
The weighted average price of $18.0558 reflects multiple trades executed between $18.00 and $18.12. The insider notes that detailed share counts at each individual price are available to the issuer, regulators, or any security holder upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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