Form 4: Flywire Corp Executive Peter Butterfield Sells 15,720 Shares
SEC Form 4 Filing
Peter Butterfield, General Counsel and CCO of Flywire Corp, sold 15,720 shares of voting common stock on March 8, 2024, at a weighted average price of $26.6277.
Summary
- On March 8, 2024, Peter Butterfield, the General Counsel and CCO of Flywire Corp, sold 15,720 shares of the company's voting common stock.
- The sale was executed at a weighted average price of $26.6277 per share.
- Following the transaction, Butterfield directly owns 198,133 shares of Flywire Corp.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common practice and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of the transaction: Peter Butterfield sold 15,720 shares of Flywire Corp stock. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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