Form 4: Flywire Corp Executive Peter Butterfield Sells Shares

Peter Butterfield, General Counsel and CCO of Flywire Corp, sold 4,747 shares of voting common stock on September 9, 2024, at an average price of $17.2935.

Summary

• On September 9, 2024, Peter Butterfield, the General Counsel and CCO of Flywire Corp, sold 4,747 shares of the company's voting common stock.
• The sale was executed at a weighted average price of $17.2935 per share.
• The prices for individual transactions ranged from $17.05 to $17.58.
• Following the transaction, Butterfield directly owns 267,435 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 a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Executive stock sales are a common occurrence and can be for a variety of reasons, including diversification, tax planning, or personal expenses. It's important to consider the context of the sale, such as the overall trading volume and the executive's remaining holdings, to determine its significance.

Stakeholder Impact

• The sale of shares by a company executive can sometimes influence investor sentiment, although the impact is often minimal unless the sale is substantial or part of a larger trend.

Key Dates