Kansal Mohit 4
4 · Flywire Corp · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Flywire (FLYW) Chief Payments Officer Mohit Kansal Sells Shares
What Happened
Mohit Kansal, Chief Payments Officer of Flywire Corp (FLYW), sold 54,543 shares on June 15, 2026, generating approximately $826,594 in proceeds. The filing reports a weighted average sale price of $15.15 per share (individual trade prices ranged from $14.79 to $15.50). This was a sale (not a purchase); sales can be routine and do not by themselves indicate a change in insider conviction.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (appears timely; Form 4s are generally due within two business days).
- Shares sold: 54,543; weighted average price: $15.15; price range: $14.79–$15.50.
- Gross proceeds: approximately $826,594.
- Footnotes: sale executed pursuant to a previously adopted Rule 10b5-1 trading plan (F1). The reported price is a weighted average; detailed per‑trade pricing available on request per the filing (F2). Holdings in the filing were adjusted to reflect 990 shares acquired under the issuer’s Employee Stock Purchase Plan (F3).
- Shares owned after transaction: not specified in the summary provided.
Context
A Rule 10b5-1 plan allows insiders to sell shares according to a prearranged schedule and is common for managing diversification or liquidity needs; such sales are typically considered routine rather than directional signals. The filing’s footnote offers the per‑trade breakdown if investors want the exact execution prices.
Insider Transaction Report
- Sale
Voting Common Stock
[F1][F2][F3]2026-06-15$15.15/sh−54,543$826,594→ 504,320 total
Footnotes (3)
- [F1]Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.79 to $15.50, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F3]Adjusted to reflect 990 shares acquired under the Issuer's Employee Stock Purchase Plan.