Officer Robert Orgel Files Intent to Sell $3.04M in Flywire Stock
FLYW sits 69% above its 52-week low of $9.965.
Summary
Flywire officer Robert Orgel filed a Form 144 to sell $3.04 million in company stock, a significant insider disposition.
Key Events · Ownership and Investor Activity · FLYW
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Officer Files Intent to Sell
Robert Orgel, an officer at Flywire Corp, filed a Form 144 to sell 178,980 shares of common stock.
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Significant Value
The proposed sale has an approximate market value of $3.04 million, representing about 0.15% of the company's market capitalization.
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Part of Ongoing Insider Selling
This filing contributes to a pattern of insider distribution, with over $4.5 million in net insider sales (excluding options/tax sales) reported in the last 90 days.
Analysis · FLYW · Trade & Services
An officer of Flywire Corp, Robert Orgel, has filed a Form 144 indicating an intent to sell approximately $3.04 million worth of common stock. This proposed sale, representing about 0.15% of the company's market capitalization, is a notable disposition by an insider, though it is part of a broader pattern of insider selling observed over the last 90 days.
At the time of this filing, FLYW was trading at $16.86 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $9.97 to $18.05. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.