Santos Edwin J 4

What Happened
Edwin J. Santos, a director of Flywire Corp (FLYW), sold 10,466 shares in an open-market transaction on June 4, 2026. The filing reports a weighted-average sale price of $14.69 per share, for aggregate proceeds of approximately $153,714. This was a sale (not a purchase or option exercise) and therefore is generally a liquidity event rather than an affirmative buy signal.

Key Details

• Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-08). Filing appears timely (within required two business days).
• Transaction type/code: S = Sale, open market/private sale.
• Price: Weighted average $14.69; sales occurred across prices ranging from $14.535 to $14.845 (per footnote).
• Shares sold: 10,466; total proceeds ≈ $153,714.
• Shares owned after transaction: Not disclosed in the provided Form 4.
• Notable footnote: The reported price is a weighted average; the filer says the shares were sold in multiple transactions at prices between $14.535 and $14.845 and can provide breakdowns on request (Footnote F1).
• No 10b5‑1 plan, tax‑withholding, gift, or option‑exercise notation is indicated in this filing.

Context
Insider sales are common and can reflect routine liquidity needs (or other personal reasons); they do not necessarily indicate a change in the insider’s view of the company. Because this filing reports a straightforward open‑market sale and contains no exercise or award details, there’s no additional derivatives or cashless‑exercise context to explain.