Flywire director exercises options and sells shares
Flywire Corp director Phillip John Riese reported an option exercise and share sale.
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Rhea-AI Filing Summary
Flywire Corp director Phillip John Riese reported an option exercise and share sale. He exercised a stock option for 48,000 shares of Voting Common Stock at an exercise price of $0.59 per share, fully vesting the option. On the same date, he sold 36,000 shares of Voting Common Stock at a weighted average price of $18.2231 per share in multiple transactions priced between $18.200 and $18.285. The exercised option covered 48,000 shares and now shows 0 derivative shares remaining.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F2 | 48,000 | $0.00 | $0.00 |
| Exercise | Voting Common Stock | 48,000 | $0.59 | $28K |
| Sale | Voting Common Stock F1 | 36,000 | $18.2231 | $656K |
Footnotes (2)
- F1. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $18.200 to $18.285. 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.
- F2. The shares subject to this option are fully vested.
Key Figures
Key Terms
Stock Option (right to buy) financial
Voting Common Stock financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Flywire Corp (FLYW) director Phillip John Riese report?
What stock option did Phillip John Riese exercise in this Flywire (FLYW) Form 4?
What dates and codes are associated with Phillip John Riese’s Flywire (FLYW) Form 4 transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.