FLYW.NASDAQFlywire CORP

Form 4: Flywire Corp Executive Peter Butterfield Reports Sale of Shares

Sentiment:

SEC Form 4 Filing


Peter Butterfield, General Counsel and CCO of Flywire Corp, reported the sale of 5,921 shares of Voting Common Stock on August 9, 2024.

Summary

  • On August 9, 2024, Peter Butterfield, the General Counsel and CCO of Flywire Corp, sold 5,921 shares of Voting Common Stock.
  • The shares were sold at a weighted average price of $18.2105.
  • The price range for the multiple transactions was between $17.99 and $18.62.
  • Following the reported transaction, Butterfield beneficially owns 275,286 shares, adjusted to reflect 550 shares acquired under the Issuer's Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of an insider transaction and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

  • The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact unless part of a larger trend.

Key Dates

DateDescription
08/09/2024Date of the transaction: sale of 5,921 shares of Voting Common Stock.
08/13/2024Date of signature on the Form 4 filing.

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