Flywire (NASDAQ: FLYW) legal chief sells 6,188 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp General Counsel and Chief Compliance Officer Peter Butterfield reported a single open-market sale of 6,188 shares of Voting Common Stock on June 5, 2026 at a weighted average price of $14.401 per share.
The sale was executed under a previously adopted Rule 10b5-1 trading plan. Following this transaction, Butterfield directly holds 658,680 shares, a figure that is adjusted to reflect 704 shares acquired through Flywire’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,188 shares ($89,113)
Net Sell
1 txn
Insider
Butterfield Peter
Role
General Counsel and CCO
Sold
6,188 shs ($89K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock | 6,188 | $14.401 | $89K |
Holdings After Transaction:
Voting Common Stock — 658,680 shares (Direct, null)
Footnotes (1)
- Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $14.26 to $14.5977. 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. Adjusted to reflect 704 shares acquired under the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares sold: 6,188 shares
Weighted average sale price: $14.401 per share
Post-transaction holdings: 658,680 shares
+2 more
5 metrics
Shares sold
6,188 shares
Voting Common Stock sold on June 5, 2026
Weighted average sale price
$14.401 per share
Open-market sale of Flywire Voting Common Stock
Post-transaction holdings
658,680 shares
Shares directly held after June 5, 2026 sale
ESPP acquisition adjustment
704 shares
Acquired under Employee Stock Purchase Plan and included in holdings
Sale price range
$14.26–$14.5977 per share
Range of individual transaction prices within the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, Employee Stock Purchase Plan, Voting Common Stock
4 terms
Rule 10b5-1 trading plan financial
"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.
weighted average sales price financial
"Represents a weighted average sales price per share. These shares were sold in multiple transactions..."
Employee Stock Purchase Plan financial
"Adjusted to reflect 704 shares acquired under the Issuer's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Voting Common Stock financial
"security_title: "Voting Common Stock""
FAQ
What insider transaction did Flywire (FLYW) report for Peter Butterfield?
Flywire reported that General Counsel and Chief Compliance Officer Peter Butterfield sold 6,188 shares of Voting Common Stock. The open-market sale occurred on June 5, 2026 at a weighted average price of $14.401 per share under a pre-existing Rule 10b5-1 trading plan.
What price range applied to Peter Butterfield’s Flywire (FLYW) stock sale?
The filing notes that individual sale transactions occurred at prices between $14.26 and $14.5977 per share. The reported $14.401 figure represents a weighted average sales price, with full per-trade price details available to regulators or shareholders on request from Flywire.
Did Flywire’s Employee Stock Purchase Plan affect Peter Butterfield’s holdings?
Yes. A footnote explains that Butterfield’s post-transaction holding of 658,680 shares is adjusted to include 704 shares acquired under Flywire’s Employee Stock Purchase Plan, indicating that his position benefits from ongoing participation in the company’s employee share purchase program.