Santos Edwin J 4
Research Summary
AI-generated summary
Flywire (FLYW) Director Edwin J. Santos Sells 6,524 Shares
What Happened
Edwin J. Santos, a director of Flywire Corp (FLYW), sold 6,524 shares in an open‑market transaction on June 8, 2026. The shares were sold for a weighted average price of $14.12, generating approximately $92,123 in proceeds. This was a sale (not a purchase or option exercise), which is often routine and does not by itself indicate a change in company outlook.
Key Details
- Transaction date: June 8, 2026 (reported on Form 4 filed June 10, 2026). Filing appears timely under the two‑business‑day Form 4 rule.
- Shares sold: 6,524; weighted average price reported: $14.12; total proceeds ≈ $92,123.
- Price range: Footnote F1 states the sale occurred in multiple trades at prices ranging from $14.12 to $14.125; detailed per‑trade breakdown available on request to the issuer or SEC staff.
- Shares owned after the transaction: Not disclosed in the provided Form 4 excerpt.
- No 10b5‑1 plan, tax‑withholding disposition, or late‑filing note is indicated in the provided excerpt.
Context: This is an open‑market sale by a director. For retail investors, purchases can be a stronger signal of insider conviction; routine sales by insiders are common for liquidity or portfolio reasons and should be considered alongside other insider activity and company fundamentals.