Flywire Corp (FLYW) director exercises 48,000 options and sells 36,000 shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Riese Phillip John
Role
Director
Sold
36,000 shs ($656K)
Approx. gross sale proceeds
$656K
Approx. exercise cost
$28K
| 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 |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Voting Common Stock — 258,051 shares (Direct)
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
Options Exercised: 48,000 shares
Exercise Price: $0.59 per share
Shares Sold: 36,000 shares
+3 more
6 metrics
Options Exercised
48,000 shares
Stock Option (right to buy) exercised into Voting Common Stock on 2026-08-07 at $0.59
Exercise Price
$0.59 per share
Conversion or exercise price of Stock Option covering 48,000 shares, fully vested
Shares Sold
36,000 shares
Voting Common Stock sold on 2026-08-07 at a weighted average price of $18.2231
Weighted Average Sale Price
$18.2231 per share
Multiple sale transactions in a price range from $18.200 to $18.285
Option Expiration Date
2026-12-14
Expiration date of the Stock Option that previously covered 48,000 shares
Remaining Option Shares
0 shares
Total derivative shares following the option exercise reported as 0.0000
Key Terms
Stock Option (right to buy), Voting Common Stock, weighted average sales price per share, Exercise or conversion of derivative security
4 terms
Stock Option (right to buy) financial
"security_title "Stock Option (right to buy)""
Voting Common Stock financial
"underlying_security_title "Voting Common Stock""
Exercise or conversion of derivative security financial
"transaction_code_description "Exercise or conversion of derivative security""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Flywire Corp (FLYW) director Phillip John Riese report?
Phillip John Riese reported exercising options for 48,000 shares of Voting Common Stock at $0.59 per share and selling 36,000 shares on the same date at a weighted average price of $18.2231 per share.
What stock option did Phillip John Riese exercise in this Flywire (FLYW) Form 4?
He exercised a Stock Option (right to buy) covering 48,000 underlying shares of Voting Common Stock at an exercise price of $0.59 per share; the option was fully vested and now has 0 shares remaining.
What dates and codes are associated with Phillip John Riese’s Flywire (FLYW) Form 4 transactions?
All reported transactions occurred on 2026-08-07. The option exercise used code M for “exercise or conversion of derivative security,” and the sale of Voting Common Stock used code S for a sale in open market or private transaction.