Kansal Mohit 4

What Happened Mohit Kansal, Chief Payments Officer of Flywire Corp (FLYW), had 20,181 shares withheld on March 2, 2026 to satisfy tax withholding in connection with the net settlement of time‑based restricted stock units. The filing reports the transaction as a disposition (code F) at $0.00 per share (total reported value $0). The filing clarifies this was a share withholding to cover taxes, not an open‑market sale.

Key Details

• Transaction date: 2026-03-02; transaction code: F (tax withholding).
• Shares withheld/disposed: 20,181; price reported: $0.00; reported total value: $0.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy income tax withholding on a net settlement of time‑based RSUs and do not represent an open market sale.
• Filing timeliness: marked late (transactionTimeliness = 'L'); the filer states the delay was due to initial enrollment and account authorization issues with the SEC's EDGAR Next System.

Context This was a routine tax‑withholding/net settlement of restricted stock units (RSUs), a common administrative transaction following an award vesting. Such withholdings are not generally interpreted as insider selling for liquidity or signaling company outlook; purchases by insiders tend to be more informative about sentiment.