Form 4: Flywire Director Sells Shares
Insider Transaction (Form 4)
Phillip John Riese, a Director of Flywire Corp, sold 36,000 shares of common stock on August 7, 2026 for $18.22 per share.
Summary
- Option exercise/conversion: acquired 48,000 Voting Common Stock at $0.59 ($28,320) on August 7, 2026; holds 294,051 after (Direct).
- Open-market sale: disposed of 36,000 Voting Common Stock at $18.22 ($656,032) on August 7, 2026; holds 258,051 after (Direct).
- Option exercise/conversion: disposed of 48,000 Stock Option (right to buy) on August 7, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $656,032 of stock on the open market.
Insider Transactions
Phillip John Riese — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-07 | Option exercise/conversion | Voting Common Stock | 48,000 | $1 | $28.3K | 294,051 |
| 2026-08-07 | Open-market sale | Voting Common Stock | 36,000 | $18 | $656.0K | 258,051 |
| 2026-08-07 | Option exercise/conversion | Stock Option (right to buy) | 48,000 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-07 | Option exercise/conversion (48,000 shares) |
| 2026-08-07 | Open-market sale (36,000 shares) |
| 2026-08-07 | Option exercise/conversion (48,000 shares) |
Keywords
insider transaction, Form 4, FLYW, Flywire Corp, bearish, Phillip John Riese
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