Flywire (FLYW) counsel has shares withheld for RSU tax obligations

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

1 transaction reported

Mixed 1 txn

Insider Butterfield Peter

Role General Counsel and CCO

Type	Security	Shares	Price	Value
Tax Withholding	Voting Common Stock	7,318	$16.61	$122K

Holdings After Transaction: Voting Common Stock — 664,164 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withheld shares: 7,318 shares Withholding price: $16.61 per share Shares held after transaction: 664,164 shares +1 more

4 metrics

Tax-withheld shares 7,318 shares Shares withheld to satisfy income tax obligations on RSU net settlement

Withholding price $16.61 per share Value used for the 7,318 tax-withheld Voting Common Stock shares

Shares held after transaction 664,164 shares Direct holdings of Voting Common Stock after tax withholding

Tax-withholding transactions 1 transaction, 7,318 shares Form 4 transactionSummary for tax withholding dispositions

Key Terms

Voting Common Stock, restricted stock unit, income tax withholding, net settlement, +1 more

5 terms

Voting Common Stock financial

"The security involved is listed as "Voting Common Stock" in the transaction."

restricted stock unit financial

"The footnote references "time-based restricted stock unit awards" tied to the withholding."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

income tax withholding financial

"Shares were withheld by the issuer to satisfy its income tax withholding obligations."

net settlement financial

"The footnote describes the transaction as occurring in connection with the net settlement of RSU awards."

tax-withholding disposition financial

"The transaction_action field describes this as a tax-withholding disposition of shares."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Butterfield Peter

(Last) (First) (Middle)

C/O FLYWIRE CORPORATION

141 TREMONT STREET, SUITE 10

(Street)

BOSTON MASSACHUSETTS 02111

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Flywire Corp [ FLYW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and CCO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Voting Common Stock	06/01/2026		F		7,318(1)	D	$16.61	664,164	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Peter Butterfield	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Flywire (FLYW) executive Peter Butterfield report in this Form 4?

Peter Butterfield reported that 7,318 Flywire Voting Common Stock shares were withheld to cover tax obligations on vested restricted stock units. The shares were taken by the issuer, and the filing states this was not an open-market sale.

Was the Flywire (FLYW) Form 4 transaction an open-market sale of shares?

No. The footnote explains the 7,318 shares were withheld by Flywire to satisfy income tax withholding and remittance obligations on restricted stock units. It explicitly states the transaction does not represent an open-market sale of shares.

How many Flywire (FLYW) shares does Peter Butterfield hold after this Form 4?

After the tax-withholding transaction, Peter Butterfield directly holds 664,164 shares of Flywire Voting Common Stock. This context shows the withheld 7,318 shares represent a small portion of his overall reported equity position in the company.

What was the price used for the Flywire (FLYW) tax-withholding shares?

The issuer withheld 7,318 shares at a reported price of $16.61 per share. This price is used in the Form 4 to calculate the value of shares applied to satisfy Flywire’s income tax withholding and remittance obligations on vested restricted stock units.

What does the transaction code F mean in the Flywire (FLYW) Form 4?

Transaction code F indicates a tax-withholding disposition, where shares are delivered to the issuer to pay an exercise price or tax liability. Here, it reflects Flywire withholding 7,318 shares for income tax obligations on time-based restricted stock unit awards.