FLYW Flywire Corp
Price Chart
Executive Summary
Five Flywire insiders, including the CEO and CFO, sold a total of ~$1.16M in open-market sales within days of a massive Q1 2026 earnings beat and raised guidance. The selling is concentrated at the top of the C-suite and represents ~0.055% of the $2.1B market cap, which is trivial in proportion. The cluster follows a bullish earnings report, and the sales are likely routine post-earnings window trading rather than a signal of deteriorating fundamentals.
Key Financial Metrics
Actionable Insight
The insider selling is routine in dollar terms and follows a strong earnings report. No bearish signal — the cluster is likely post-earnings window selling by insiders exercising pre-planned 10b5-1 plans or taking profits. Monitor for any subsequent Form 4 filings that show a material increase in selling volume or a change in pattern (e.g., CEO selling >$1M).
Key Facts
- Five insiders sold shares totaling ~$1.16M in open-market transactions from May 6-7, 2026.
- CEO Michael Massaro sold 11,830 shares for ~$185K; CFO Cosmin Pitigoi sold 35,000 shares for ~$608K.
- Director Phillip Riese exercised non-cash derivative transactions (no economic value) alongside a small open-market sale.
- Total open-market sales represent ~0.055% of Flywire's $2.1B market cap — well below the 0.1% materiality threshold.
- The cluster occurred 1-2 days after Flywire reported Q1 2026 revenue of $188.1M (+41% YoY) and raised FY2026 guidance.
Financial Impact
Total insider sales of ~$1.16M, or ~0.055% of market cap — immaterial relative to company size.
Risk Factors
- Insider selling could accelerate if the stock continues to rally post-earnings, but current levels are not alarming.
- If future filings reveal a 10b5-1 plan termination or unplanned selling by multiple C-suite members, reassess.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FLYW-1778531184866 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
Jun 9, 2026
today
|
Press Release
| $14.05 awaiting T+1 | awaiting T+1 | — | $14.13 (+0.56%) |
|
Jun 4, 2026
5d ago
|
Insider Cluster
| $14.55 awaiting T+1 | awaiting T+1 | — | $14.13 (+2.89%) |
|
Jun 4, 2026
5d ago
|
Insider Cluster
| $14.55 awaiting T+1 | awaiting T+1 | — | $14.13 (+2.89%) |
|
Jun 4, 2026
5d ago
|
144
| $14.58 $14.40 | ▼ −1.23% | ▲ +1.36% | $14.13 (−3.09%) |
|
Jun 2, 2026
7d ago
|
144
| $15.14 $14.61 | ▼ −3.50% | ▼ −2.81% | $14.13 (−6.67%) |
|
May 20, 2026
20d ago
|
Press Release
| $15.91 $16.16 | ▲ +1.57% | ▲ +1.38% | $14.13 (−11.19%) |
|
May 15, 2026
25d ago
|
8-K
| $16.06 $16.02 | ▼ −0.25% | ▼ −0.19% | $14.13 (−12.02%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $17.51 $17.73 | ▲ +1.26% | ▲ +1.59% | $14.13 (−19.30%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $17.51 $17.73 | ▲ +1.26% | ▲ +1.59% | $14.13 (−19.30%) |
US Market Status
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