Form 4: Flywire Director Edwin J. Santos Sells Shares
SEC Form 4 Filing
Director Edwin J. Santos sold 10,448 shares of Flywire Corp (FLYW) at an average price of $18.5815 on August 8, 2024.
Summary
- On August 8, 2024, Edwin J. Santos, a director of Flywire Corp (FLYW), sold 10,448 shares of the company's voting common stock.
- The shares were sold at a weighted average price of $18.5815.
- The price range for the sales was between $18.25 and $18.88.
- Following the transaction, Santos directly owns 10,466 shares of Flywire Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of a director selling shares. The impact on sentiment depends on the investor's interpretation of the reasons behind the sale.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company insiders, which can be of interest to investors.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of the transaction: Edwin J. Santos sold shares of Flywire Corp. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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