STOCK TITAN

Flywire (FLYW) president sells 178,980 shares in Rule 10b5-1 trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Flywire Corp President and COO Rob Orgel reported share dispositions. On June 1, 2026, he sold 178,980 shares of Voting Common Stock in an open-market transaction at $17.00 per share under a previously adopted Rule 10b5-1 trading plan.

On the same date, 21,979 shares were withheld at $16.61 per share to cover income tax obligations tied to net settlement of restricted stock units, which was not an open-market sale. After these transactions, he directly holds 959,061 shares of Voting Common Stock.

Positive

  • None.

Negative

  • None.
Insider Orgel Rob
Role President and COO
Sold 178,980 shs ($3.04M)
Type Security Shares Price Value
Sale Voting Common Stock 178,980 $17.00 $3.04M
Tax Withholding Voting Common Stock 21,979 $16.61 $365K
Holdings After Transaction: Voting Common Stock — 959,061 shares (Direct, null)
Footnotes (1)
  1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan. 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.
Open-market sale shares 178,980 shares Voting Common Stock sold on June 1, 2026
Sale price $17.00 per share Price for 178,980-share open-market sale
Tax-withholding shares 21,979 shares Shares withheld to satisfy income tax obligations
Tax-withholding reference price $16.61 per share Value used for 21,979-share withholding
Post-transaction holdings 959,061 shares Voting Common Stock directly owned after reported transactions
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.
open-market sale financial
"Sale in open market or private transaction"
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.
restricted stock unit awards financial
"in connection with the net settlement of certain time-based restricted stock unit awards"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
income tax withholding financial
"withheld by the Issuer to satisfy its income tax withholding and remittance obligations"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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).
X
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*
Orgel Rob

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Voting Common Stock06/01/2026S(1)178,980D$17959,061D
Voting Common Stock06/01/2026F21,979(2)D$16.61937,082D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.
2. 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/ Rob Orgel06/03/2026
** Signature of Reporting PersonDate
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 insider transactions did Flywire (FLYW) report for Rob Orgel?

Flywire President and COO Rob Orgel reported selling 178,980 shares of Voting Common Stock at $17.00 per share and a separate 21,979-share tax-withholding disposition at $16.61 per share on June 1, 2026.

Was Rob Orgel’s Flywire (FLYW) stock sale pre-planned?

Yes. The 178,980-share sale was completed under a previously adopted Rule 10b5-1 trading plan. Such plans schedule trades in advance, indicating the timing of this sale was pre-arranged rather than discretionary on the transaction date.

Did Rob Orgel sell all 200,959 Flywire (FLYW) shares in the filing?

No. Only 178,980 shares were sold in an open-market transaction. The additional 21,979 shares were withheld by Flywire to satisfy income tax obligations from restricted stock unit settlement and did not involve a market sale.

How many Flywire (FLYW) shares does Rob Orgel own after these transactions?

After the reported transactions, Rob Orgel directly owns 959,061 shares of Flywire Voting Common Stock. This figure reflects his post-transaction holdings as disclosed in the Form 4, combining the effects of the sale and tax-withholding disposition.

What does the tax-withholding transaction in Flywire (FLYW) stock represent?

The 21,979-share disposition represents shares withheld by Flywire to cover income tax obligations from net settlement of time-based restricted stock units. According to the disclosure, this withholding does not represent an open market sale of shares.