Chief Payments Officer Sells 54,000 Flywire Shares for $827,000

1 hour ago 4

Will Healy, The Motley Fool

Tue, June 23, 2026 astatine 7:32 AM CDT 4 min read

Chief Payments Officer Mohit Kansal reported the merchantability of a information of his involvement successful Flywire Corporation (NASDAQ:FLYW) successful an open-market transaction,, according to a SEC Form 4 filing.

Transaction summary

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($15.15); post-transaction worth based connected June 15, 2026 marketplace adjacent ($15.15).

Key questions

  • How worldly was this merchantability comparative to Kansal's anterior disposition activity?
    This transaction is the largest azygous merchantability by Kansal connected record, representing 9.8% of his nonstop ownership, compared to the erstwhile merchantability of 16,101 shares (2.8%) successful May 2026; the summation successful size is simply a relation of remaining stock capableness pursuing anterior sales.

  • What is the existent marketplace discourse for Flywire shares?
    Shares were sold astatine a weighted mean terms of astir $15.15 per share, adjacent the June 15, 2026, adjacent of $15.31; Flywire has appreciated 43% implicit the past twelvemonth arsenic of the transaction date.

  • Does Kansal clasp a important ownership presumption aft this sale?
    Following the transaction, Kansal straight holds 504,320 shares (0.41% of shares outstanding) and maintains his full presumption successful Voting Common Stock, which is convertible to Common Stock, preserving meaningful alignment with shareholders.

Company overview

* 1-year show metrics usage June 15, 2026 arsenic the notation date.

Company snapshot

  • Offers a planetary outgo processing level serving education, healthcare, travel, and B2B sectors, with integrated enactment for aggregate currencies and outgo methods.

  • Generates gross done transaction fees and value-added bundle solutions that facilitate cross-border and home payments for organization clients.

  • Primary customers see universities, hospitals, question companies, and firm enterprises requiring secure, efficient, and flexible outgo solutions.

Flywire Corporation is simply a starring supplier of outgo exertion and bundle solutions, enabling seamless transactions for organization clients crossed divers industries and geographies. The institution leverages a proprietary level with nonstop integrations to large alternate outgo providers, supporting complex, multi-currency transactions. Its planetary scope and sector-focused attack supply competitory differentiation successful the accusation exertion services market.

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