Flywire (FLYW) insider sells 1,480 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp General Counsel and CCO Peter Butterfield sold 1,480 shares of Voting Common Stock in an open-market transaction. The shares were sold on May 7, 2026 at a weighted average price of $18.016 per share, under a previously adopted Rule 10b5-1 trading plan. Following this sale, he directly holds 671,482 shares of Flywire common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,480 shares ($26,664)
Net Sell
1 txn
Insider
Butterfield Peter
Role
General Counsel and CCO
Sold
1,480 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock | 1,480 | $18.016 | $27K |
Holdings After Transaction:
Voting Common Stock — 671,482 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 $18.00 to $18.03. 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: 1,480 shares
Weighted average sale price: $18.016 per share
Shares held after transaction: 671,482 shares
+2 more
5 metrics
Shares sold
1,480 shares
Open-market sale of Voting Common Stock on May 7, 2026
Weighted average sale price
$18.016 per share
Average price across multiple trades ranging $18.00–$18.03
Shares held after transaction
671,482 shares
Direct holdings of Voting Common Stock following the sale
Net buy/sell shares
-1,480 shares
Net selling activity in this Form 4
Transaction date
May 7, 2026
Date of open-market sale
Key Terms
Rule 10b5-1 trading plan, weighted average sales 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 sales price financial
"Represents a weighted average sales price per share."
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
"INSIDER FILING DATA (Form 4):"
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
What did Flywire (FLYW) insider Peter Butterfield report in this Form 4?
Peter Butterfield, Flywire’s General Counsel and CCO, reported selling 1,480 shares of Voting Common Stock. The transaction was an open-market sale executed on May 7, 2026, and was made 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 the shares were sold under a previously adopted Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule trades, which can make the timing of individual transactions less reflective of short-term views on the stock.
What type of transaction did Flywire (FLYW) report for Peter Butterfield?
The Form 4 reports an open-market sale of non-derivative Voting Common Stock, coded as “S” for sale. The transaction direction is sell, with no associated option exercises or derivative transactions disclosed in this particular filing.