Butterfield Peter 4
Research Summary
AI-generated summary
Flywire (FLYW) General Counsel Peter Butterfield Sells 9,009 Shares
What Happened
Peter Butterfield, Flywire Corp's General Counsel and Chief Compliance Officer, sold 9,009 shares of FLYW in open-market transactions on March 5, 2026. The reported weighted-average sale price was $13.05, for aggregate proceeds of approximately $117,543. This was a sale (S), not a purchase or option exercise.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (timely filing).
- Price: weighted average $13.05; per-footnote, individual trade prices ranged from $12.74 to $13.33.
- Shares sold: 9,009; aggregate proceeds ≈ $117,543.
- Shares owned after the transaction: not specified in the provided filing summary.
- Footnote: Reporting person states the Column 4 price is a weighted average and will provide a breakdown of shares sold at each price within the $12.74–$13.33 range upon request (see footnote F1).
- Transaction type: Open-market sale (code S).
Context
This was an open-market sale by a company officer. Sales by insiders are common and do not, by themselves, indicate a change in confidence or company fundamentals. Retail investors should weigh this single sale alongside broader insider activity, company news, and financials when forming views.