Flywire COO has 21,979 shares withheld for tax
Flywire’s President and COO had shares withheld for taxes on RSU vesting and now directly holds 916,918 shares.
Rhea-AI Filing Summary
Flywire Corp (FLYW) reported that President and COO Rob Orgel had 21,979 shares of Voting Common Stock withheld on September 1, 2026 to satisfy income tax withholding obligations tied to the net settlement of time-based RSU awards; this was not an open market sale. After these withholdings and including 1,815 shares acquired under the Employee Stock Purchase Plan, Orgel directly holds 916,918 shares of Flywire common stock.
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Insights
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Insider Trade Summary
Tax Withholding: 21,979 shares
Tax Withholding
1 txn
Insider
Orgel Rob
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Voting Common Stock F1, F2 | 21,979 | $18.185 | $400K |
Holdings After Transaction:
Voting Common Stock — 916,918 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Adjusted to reflect 1,815 shares acquired under the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 21,979 shares
Per-share value for tax withholding: $18.185 per share
Shares held after transaction: 916,918 shares
+1 more
4 metrics
Shares withheld for taxes
21,979 shares
Shares of Voting Common Stock withheld on September 1, 2026 to satisfy income tax obligations on RSU net settlement
Per-share value for tax withholding
$18.185 per share
Value applied to the 21,979 withheld shares on September 1, 2026
Shares held after transaction
916,918 shares
Direct holdings of Rob Orgel in Flywire Voting Common Stock after the reported transaction
ESPP shares included
1,815 shares
Shares acquired under Flywire’s Employee Stock Purchase Plan included in post-transaction holdings
Key Terms
net settlement, restricted stock unit, Employee Stock Purchase Plan, income tax withholding
4 terms
net settlement financial
"in connection with the net settlement of certain time-based restricted stock"
restricted stock unit financial
"net settlement of certain time-based restricted stock unit awards"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Employee Stock Purchase Plan financial
"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.
income tax withholding financial
"to satisfy its income tax withholding and remittance obligations"
FAQ
What insider transaction did Flywire Corp (FLYW) report for Rob Orgel?
Flywire reported that President and COO Rob Orgel had 21,979 shares of Voting Common Stock withheld on September 1, 2026 to cover income tax obligations related to net-settled time-based RSU awards; this was not an open market sale.
Was Rob Orgel’s September 1, 2026 FLYW transaction an open market sale?
No. The 21,979 shares were withheld by Flywire to satisfy income tax withholding and remittance obligations for net-settled RSU awards and do not represent an open market sale.
Was Rob Orgel’s FLYW Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing does not affirm that the September 1, 2026 transaction was made under a Rule 10b5-1 trading plan; the related checkbox is not marked as applicable.
AI-generated analysis. How Rhea-AI works. Not financial advice.