Form 4: Flywire General Counsel Sells Shares Under 10b5-1 Plan

Flywire Corporation's General Counsel and CCO, Peter Butterfield, sold 13,327 shares of common stock for approximately $15.01 per share under a pre-arranged 10b5-1 plan.

Summary

• Peter Butterfield, General Counsel and CCO of Flywire Corporation, reported the sale of 13,327 shares of Voting Common Stock.
• The transaction occurred on January 7, 2026.
• The shares were sold at a weighted average price of $15.0126 per share, with individual transaction prices ranging from $15.00 to $15.075.
• Following this transaction, Peter Butterfield beneficially owns 374,933 shares of Flywire Corporation.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was established in advance.

Sentiment

Score: 5

Explanation: The sale of shares by an insider is generally neutral to slightly negative, but the execution under a Rule 10b5-1 plan indicates a pre-scheduled transaction, mitigating any immediate negative sentiment regarding the company's prospects.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders may note the insider sale, but the 10b5-1 plan suggests it is a routine liquidity event rather than a signal of management's lack of confidence.

Key Dates

Recommendation

The insider sale by the General Counsel, while a disposition of shares, was conducted under a pre-arranged 10b5-1 trading plan. This suggests the transaction is for personal financial planning rather than a reflection of new negative information about Flywire's operational performance or future outlook. As such, this specific filing does not provide a strong basis for a change in investment recommendation, warranting a 'hold' position based solely on this information.

Keywords

Flywire, FLYW, Insider Trading, Form 4, Stock Sale, Peter Butterfield, General Counsel, CCO, 10b5-1 Plan