Flywire (NASDAQ: FLYW) CPO sells 16,101 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp Chief Payments Officer Mohit Kansal reported an open-market sale of Voting Common Stock. On May 6, 2026, he sold 16,101 shares at $15.90 per share. After this transaction, he continues to hold 567,794 shares directly. The sale was carried out under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,101 shares ($256,006)
Net Sell
1 txn
Insider
Kansal Mohit
Role
Chief Payments Officer
Sold
16,101 shs ($256K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock | 16,101 | $15.90 | $256K |
Holdings After Transaction:
Voting Common Stock — 567,794 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 16,101 shares
Sale price per share: $15.90/share
Shares held after sale: 567,794 shares
+1 more
4 metrics
Shares sold
16,101 shares
Open-market sale of Voting Common Stock on May 6, 2026
Sale price per share
$15.90/share
Price for the 16,101 shares sold
Shares held after sale
567,794 shares
Direct ownership following the May 6, 2026 transaction
Net shares sold
16,101 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, Voting Common Stock, open-market sale
3 terms
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.
Voting Common Stock financial
"security_title": "Voting Common Stock""
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
What insider transaction did Flywire (FLYW) report for Mohit Kansal?
Flywire reported that Chief Payments Officer Mohit Kansal sold 16,101 shares of Voting Common Stock. The shares were sold in an open-market transaction at $15.90 per share on May 6, 2026, under a pre-adopted Rule 10b5-1 trading plan.
What type of security did Mohit Kansal trade in the Flywire (FLYW) Form 4?
The Form 4 shows a transaction in Flywire Voting Common Stock, classified as a non-derivative security. The transaction code was “S,” indicating a sale, and it was identified as an open-market sale at $15.90 per share on May 6, 2026.