Flywire (FLYW) Chief Payments Officer has 20,181 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp Chief Payments Officer Mohit Kansal reported a tax-related share disposition. On March 2, 2026, 20,181 shares of Voting Common Stock were withheld by Flywire to cover income tax obligations from the net settlement of restricted stock units, not through an open market sale. After this withholding, Kansal directly held 583,895 shares of Flywire common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kansal Mohit
Role
Chief Payments Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Voting Common Stock | 20,181 | $0.00 | -- |
Holdings After Transaction:
Voting Common Stock — 583,895 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Flywire (FLYW) Chief Payments Officer report?
Flywire’s Chief Payments Officer, Mohit Kansal, reported a tax-withholding disposition of shares. On March 2, 2026, 20,181 shares of Voting Common Stock were withheld by the company to satisfy income tax obligations tied to restricted stock units.
Was Mohit Kansal’s Flywire (FLYW) Form 4 transaction an open market sale?
No, the Form 4 explicitly states the transaction was not an open market sale. The 20,181 shares were withheld by Flywire to cover income tax withholding and remittance obligations from time-based restricted stock unit settlements.
What does transaction code F mean in Mohit Kansal’s Flywire (FLYW) Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 20,181 Flywire shares were withheld by the issuer to satisfy income tax withholding from net-settled time-based restricted stock unit awards.
What type of security was involved in Mohit Kansal’s Flywire (FLYW) Form 4 transaction?
The transaction involved Voting Common Stock of Flywire Corp. On March 2, 2026, 20,181 shares were withheld for tax purposes related to restricted stock unit awards, leaving Mohit Kansal with 583,895 shares held directly afterward.