Flywire executive reports tax-share withholding
Flywire Corp General Counsel and CCO Peter Butterfield reported a tax-related share withholding.
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Rhea-AI Filing Summary
Flywire Corp General Counsel and CCO Peter Butterfield reported a tax-related share withholding. On this Form 4, the issuer withheld 7,318 shares of Voting Common Stock at $16.61 per share to cover income tax obligations tied to restricted stock unit vesting, which the footnote states does not represent an open-market sale.
After this non-market, compensation-related disposition, Butterfield directly holds 664,164 shares of Flywire common stock. The filing reflects routine tax withholding rather than an active decision to buy or sell shares in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Voting Common Stock | 7,318 | $16.61 | $122K |
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
Voting Common Stock financial
restricted stock unit financial
income tax withholding financial
net settlement financial
tax-withholding disposition financial
FAQ
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What did Flywire (FLYW) executive Peter Butterfield report in this Form 4?
What does the transaction code F mean in the Flywire (FLYW) Form 4?
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