Form 4: Flywire COO Rob Orgel's Routine Stock Withholding
Insider Transaction Report
Flywire Corporation's President and COO, Rob Orgel, reported a routine disposition of 14,332 common shares for tax withholding purposes related to restricted stock unit awards.
Summary
- Rob Orgel, President and COO of Flywire Corporation, reported a disposition of 14,332 shares of common stock.
- This transaction occurred on September 2, 2025, at a price of $13.13 per share.
- The shares were withheld by Flywire Corporation to cover income tax obligations associated with the net settlement of time-based restricted stock unit awards.
- This was not an open market sale.
- Following this transaction, Rob Orgel beneficially owns 853,324 shares of Flywire common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding, which is neutral in sentiment. It reflects the vesting of equity awards, which is generally a positive for executive retention, but the disposition itself is not a voluntary sale.
Positives
- The transaction is a routine tax withholding, indicating the vesting of restricted stock units, which can be a positive for executive compensation and retention.
Future Outlook
NA
Industry Context
This is a routine insider transaction, common across all industries for executives receiving equity compensation. It does not reflect broader industry trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as it's a routine tax withholding, not an open market sale that would significantly affect supply or demand.
- Employees: Reflects standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 09/02/2025 | Date of transaction for disposition of common stock. |
| 09/04/2025 | Signature date of the reporting person. |
Keywords
Flywire, FLYW, Rob Orgel, Form 4, SEC filing, insider transaction, stock withholding, restricted stock units, executive compensation, corporate governance
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