Voss group sells 44,768 Flywire shares at $18.78
Flywire Corp (FLYW) had insider activity reported by a group of ten percent owners associated with Voss Capital.
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Form Type
4
Rhea-AI Filing Summary
Flywire Corp (FLYW) had insider activity reported by a group of ten percent owners associated with Voss Capital. On 2026-08-28, accounts managed by Voss Capital sold a total of 44,768 shares of voting common stock in open market or private transactions at $18.7823 per share, held indirectly in Voss Managed Accounts. The filing also reports indirect holdings of 2,250,000 shares by Voss Value Master Fund, LP and 366,617 shares by Voss Value-Oriented Special Situations Fund, LP, along with call options over 150,000 underlying shares with exercise prices of $10.00 and $7.50 per share.
Insider Trade Summary
Net Seller: 44,768 shares
Net Sell
6 txns
Insider
Voss Capital, LP, Voss Value Master Fund, LP, Voss Value-Oriented Special Situations Fund, LP, Voss Advisors GP, LLC, Cocke Travis W.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
44,768 shs ($841K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting common stock, $0.0001 par value per share F1, F4 | 37,005 | $18.7823 | $695K |
| Sale | Voting common stock, $0.0001 par value per share F1, F4 | 7,763 | $18.7823 | $146K |
| holding | Call Option (right to buy) F5, F1, F4 | -- | -- | -- |
| holding | Call Option (right to buy) F5, F1, F4 | -- | -- | -- |
| holding | Voting common stock, $0.0001 par value per share F1, F2 | -- | -- | -- |
| holding | Voting common stock, $0.0001 par value per share F1, F3 | -- | -- | -- |
Holdings After Transaction:
Voting common stock, $0.0001 par value per share — 11,069,321 shares (Indirect, By: Managed Accounts of Voss Capital, LP);
Call Option (right to buy) — 150,000 contracts (Indirect, By: Managed Accounts of Voss Capital, LP);
Voting common stock, $0.0001 par value per share — 2,250,000 shares (Indirect, By: Voss Value Master Fund, L.P.);
Voting common stock, $0.0001 par value per share — 366,617 shares (Indirect, By: Voss Value-Oriented Special Situations Fund, L.P.)
Footnotes (5)
- F1. This Form 4 is filed jointly by Voss Value Master Fund, LP ("Voss Value Master Fund"), Voss Value-Oriented Special Situations Fund, LP ("Voss Value-Oriented Special Situations Fund"), Voss Advisors GP, LLC ("Voss GP"), Voss Capital, LP ("Voss Capital") and Travis W. Cocke (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F2. Securities owned directly by Voss Value Master Fund. Voss GP, as the general partner of Voss Value Master Fund, may be deemed to beneficially own the securities owned directly by Voss Value Master Fund. Voss Capital, as the investment manager of Voss Value Master Fund, may be deemed to beneficially own the securities owned directly by Voss Value Master Fund. Mr. Cocke, as the managing member of Voss Capital and Voss GP, may be deemed to beneficially own the securities owned directly by Voss Value Master Fund.
- F3. Securities owned directly by Voss Value-Oriented Special Situations Fund. Voss GP, as the general partner of Voss Value-Oriented Special Situations Fund, may be deemed to beneficially own the securities owned directly by Voss Value-Oriented Special Situations Fund. Voss Capital, as the investment manager of Voss Value-Oriented Special Situations Fund, may be deemed to beneficially own the securities owned directly by Voss Value-Oriented Special Situations Fund. Mr. Cocke, as the managing member of Voss Capital and Voss GP, may be deemed to beneficially own the securities owned directly by Voss Value-Oriented Special Situations Fund.
- F4. Securities held in certain accounts separately managed by Voss Capital (the "Voss Managed Accounts"). Voss Capital, as the investment manager of the Voss Managed Accounts, may be deemed to beneficially own the securities held in the Voss Managed Accounts. Mr. Cocke, as the managing member of Voss Capital, may be deemed to beneficially own the securities held in the Voss Managed Accounts.
- F5. Such call options were immediately exercisable upon their acquisition.
Key Figures
Shares sold by Voss Managed Accounts: 44,768 shares
Sale price per share: $18.7823 per share
Voss Value Master Fund holding: 2,250,000 shares
+4 more
7 metrics
Shares sold by Voss Managed Accounts
44,768 shares
Total voting common shares sold indirectly on 2026-08-28
Sale price per share
$18.7823 per share
Price for 44,768 voting common shares sold on 2026-08-28
Voss Value Master Fund holding
2,250,000 shares
Indirect voting common stock holdings following transaction
Voss Value-Oriented Special Situations Fund holding
366,617 shares
Indirect voting common stock holdings following transaction
Call option underlying shares at $10.00
100,000 underlying shares
Call options on voting common stock, exercise price $10.00, expiring 2026-09-18
Call option underlying shares at $7.50
50,000 underlying shares
Call options on voting common stock, exercise price $7.50, expiring 2026-12-18
Group beneficial ownership threshold
Over 10% of outstanding shares
Group status for Section 13(d) of the Exchange Act
Key Terms
Voss Managed Accounts, Section 13(d), pecuniary interest, call options, +1 more
5 terms
Voss Managed Accounts financial
"Securities held in certain accounts separately managed by Voss Capital (the "Voss Managed Accounts")."
Section 13(d) regulatory
"a group for purposes of Section 13(d) of the Securities Exchange Act of 1934"
A Section 13(d) filing is a public disclosure required under U.S. securities law when a person or group acquires more than 5% of a company’s registered equity and may influence control. The filer must report who owns the shares, how they were acquired, and any plans or intentions for the company, so the market and other shareholders can see if a large buyer is attempting a takeover or other strategic move. Think of it like a formal announcement that someone has crossed a threshold and is showing their hand.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
call options financial
"Such call options were immediately exercisable upon their acquisition."
A call option is a contract that gives its buyer the right, but not the obligation, to buy a specific number of shares at a predetermined price within a set time. Think of it like a refundable reservation to purchase a stock later at today’s agreed price: investors use calls to profit from expected price rises with smaller upfront cost than buying the stock outright, or to hedge and manage exposure, while the most they can lose is the amount paid for the contract.
beneficially own financial
"may be deemed to beneficially own the securities owned directly"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider sales in FLYW stock did the Voss Capital group report on this Form 4?
The Voss Capital group reported that Voss Capital-managed accounts sold 44,768 shares of Flywire Corp voting common stock on 2026-08-28 in open market or private transactions at a price of $18.7823 per share, held indirectly in Voss Managed Accounts.
What derivative positions in FLYW does the Voss Capital group report on this Form 4?
The filing reports indirect holdings of call options on Flywire voting common stock over 100,000 underlying shares at a $10.00 exercise price expiring 2026-09-18, and over 50,000 underlying shares at a $7.50 exercise price expiring 2026-12-18. These call options were immediately exercisable upon acquisition.
Who are the reporting persons on this FLYW Form 4 and what is their ownership status?
The reporting persons are Voss Value Master Fund, LP, Voss Value-Oriented Special Situations Fund, LP, Voss Advisors GP, LLC, Voss Capital, LP, and Travis W. Cocke. They state they form a group that collectively beneficially owns over 10% of Flywire’s outstanding common stock for Section 13(d) purposes.
Were the reported FLYW call options immediately exercisable?
Yes. A footnote states that the reported Flywire call options "were immediately exercisable upon their acquisition," covering 150,000 underlying shares at exercise prices of $10.00 and $7.50 per share with expirations in September and December 2026, respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
