Form 4: Flywire Corp Executive Peter Butterfield Sells Shares
SEC Form 4 Filing
Peter Butterfield, General Counsel and CCO of Flywire Corp, sold 5,523 shares of voting common stock at an average price of $10.0792 on March 10, 2025.
Summary
- On March 10, 2025, Peter Butterfield, the General Counsel and CCO of Flywire Corp, sold 5,523 shares of the company's voting common stock.
- The sale was executed at a weighted average price of $10.0792 per share.
- The prices for individual transactions ranged from $9.66 to $10.45.
- Following the transaction, Butterfield directly owns 247,561 shares of Flywire Corp.
- The sale was conducted under a pre-arranged 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often related to personal financial planning rather than a reflection of the company's prospects.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of the stock sale transaction |
| 03/12/2025 | Date of signature on the Form 4 filing |
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