Flywire (FLYW) General Counsel exercises options, holds 672,962 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp General Counsel and CCO Peter Butterfield exercised stock options covering 140,000 shares of Voting Common Stock at an exercise price of $0.59 per share on March 30, 2026. The option was fully vested, and following the exercise he directly holds 672,962 common shares, with no remaining derivative position from this option.
Positive
- None.
Negative
- None.
Insider Trade Summary
140,000 shares exercised/converted
Mixed
2 txns
Insider
Butterfield Peter
Role
General Counsel and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 140,000 | $0.00 | -- |
| Exercise | Voting Common Stock | 140,000 | $0.59 | $83K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Voting Common Stock — 672,962 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 140,000 shares
Exercise price: $0.59 per share
Shares after transaction: 672,962 shares
+2 more
5 metrics
Options exercised
140,000 shares
Stock Option (right to buy) exercised on March 30, 2026
Exercise price
$0.59 per share
Strike price for 140,000 stock options
Shares after transaction
672,962 shares
Voting Common Stock directly owned after March 30, 2026
Option expiration
July 25, 2026
Original expiration date of exercised option grant
Derivative position remaining
0 options
No remaining derivatives reported after this exercise
Key Terms
Stock Option (right to buy), Voting Common Stock, Exercise or conversion of derivative security, General Counsel and CCO
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Voting Common Stock financial
"underlying_security_title: Voting Common Stock"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
General Counsel and CCO financial
"officer_title: General Counsel and CCO"
FAQ
What did Flywire (FLYW) executive Peter Butterfield report in this Form 4?
Peter Butterfield reported exercising stock options for 140,000 shares of Flywire Voting Common Stock. The options had a $0.59 exercise price, were fully vested, and converted into common shares he now holds directly as part of his equity position.
Did the Flywire (FLYW) Form 4 show any stock sales by Peter Butterfield?
The Form 4 shows an option exercise, not an open-market stock sale. Butterfield exercised 140,000 options at $0.59 per share, receiving Voting Common Stock and ending with 672,962 shares directly owned after the transaction was completed.
What was the exercise price of the Flywire (FLYW) options in Peter Butterfield’s Form 4?
The options exercised by Peter Butterfield had an exercise price of $0.59 per share. He exercised 140,000 options into an equal number of Voting Common Stock shares, converting a derivative position into directly held equity at that fixed strike price.
Were the Flywire (FLYW) options fully vested when Peter Butterfield exercised them?
Yes. A footnote states the shares subject to this option were fully vested. That means Butterfield had already earned the right to exercise all 140,000 options before converting them into Voting Common Stock in the reported March 30, 2026 transaction.