Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTWill Healy, The Motley FoolSat, June 27, 2026 at 4:26 PM GMT+2 4 min readEdwin J Santos, Director at Flywire Corporation (NASDAQ:FLYW), reported the sale of Common Stock in an open-market transaction on June 8, 2026, according to a SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)6,524Transaction value~$92KPost-transaction shares (direct)11,558Post-transaction value (direct ownership)~$160KTransaction value based on SEC Form 4 weighted average purchase price ($14.12); post-transaction value based on June 8, 2026 market close (using $14.12).Key questionsHow does the size of this transaction compare to Santos's previous sales?The 6,524 shares sold represent the smallest of Santos's last three open-market sales, which have ranged from 6,524 to 10,466 shares, reflecting a decline in transaction size as his available holdings have decreased.What proportion of Santos's direct Common Stock holdings was impacted?This sale accounted for 36.08% of his direct Common Stock holdings at the time of the transaction, a considerable reduction that aligns with his recent pattern of sizable proportional dispositions.Were any indirect holdings or derivative securities involved?No indirect or derivative positions were disclosed; all shares sold were held and disposed of directly by Santos, with no trust, LLC, or options activity reported in this filing.What does this activity indicate about future capacity for similar transactions?With post-sale direct holdings at 11,558 shares (about 23.4% of his year-ago position), the declining trade size is primarily a function of reduced share inventory, signaling that future sales may be smaller unless additional shares are acquired or vested.Company overviewMetricValuePrice (as of market close 2026-06-08)$13.88Market capitalization$1.71 billionRevenue (TTM)$677.69 millionNet income (TTM)$30.18 million* 1-year performance is calculated using June 8th, 2026 as the reference date.Company snapshotProvides a global payment processing platform and software solutions, with integration to leading alternative payment methods such as Alipay, Boleto, and PayPal/Venmo; core revenue is generated from transaction fees and software services across education, healthcare, travel, and B2B sectors.Operates a technology-driven business model, facilitating cross-border and domestic payments in multiple currencies and payment types, leveraging direct integrations and value-added services to monetize payment flows.Primary customers include educational institutions, healthcare providers, travel companies, and business enterprises seeking efficient, secure, and flexible payment solutions for their clients and payers worldwide.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info