The CEO's $2.07M open-market sale is the most significant element, as C-suite sales carry more weight. However, the total value is modest relative to market cap, and insider sales are often liquidity-driven. Monitor for any upcoming earnings release or material news that could explain the timing.
Price Chart
Executive Summary
Flywire Corp insiders, including CEO Michael Massaro, sold a total of $2.52M in shares over a 7-day window. The CEO's $2.07M sale dominates the cluster, representing ~0.11% of the company's $2.2B market cap. While the dollar amount is modest relative to market cap, the CEO's open-market sale alongside other senior executives is a notable signal, though insider sales are generally less predictive than buys per academic literature.
Key Financial Metrics
Key Facts
- CEO Michael Massaro sold 112,500 shares for $2.07M on 2026-09-01
- General Counsel Peter Butterfield sold 12,156 shares for $219K on 2026-09-08
- Chief Payments Officer Mohit Kansal sold 12,400 shares for $232K on 2026-09-02
- Total insider sales of $2.52M represent ~0.11% of Flywire's $2.2B market cap
- All three sales were open-market transactions, not 10b5-1 plan sales
Financial Impact
Total insider sales of $2.52M, representing 0.11% of market cap
Risk Factors
- CEO sale could signal lack of confidence in near-term prospects
- Cluster of multiple senior executives selling in a short window raises coordination concerns
- Sales are small relative to market cap, limiting bearish conviction
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FLYW-1789106964565 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $19.15 | awaiting T+60 | — | $19.40 (+1.31%) |
Sep 15, 2026 5w ago | Insider Cluster | $17.80 | awaiting T+60 | — | $19.40 (+8.99%) |
Sep 10, 2026 6w ago | Insider Cluster | $17.75 | awaiting T+60 | — | $19.40 (−9.30%) |
Sep 3, 2026 7w ago | Insider Cluster | $18.55 | awaiting T+60 | — | $19.40 (−4.58%) |
Aug 19, 2026 9w ago | Press Release | $18.83 | awaiting T+60 | — | $19.40 (+3.03%) |
Aug 12, 2026 10w ago | Press Release | $17.46 | awaiting T+60 | — | $19.40 (+11.11%) |
Aug 7, 2026 11w ago | 144 | $17.78 | awaiting T+60 | — | $19.40 (+9.11%) |
Jul 6, 2026 16w ago | Insider Cluster | $18.55 $17.50 | ▼ −5.66% | ▼ −7.66% | $19.40 (+4.58%) |
Jun 26, 2026 17w ago | Institutional Cluster | $17.54 $17.13 | ▼ −2.37% | ▼ −6.85% | $19.40 (+10.60%) |
Jun 17, 2026 18w ago | Insider Cluster | $15.85 | awaiting T+60 | — | $19.40 (−22.40%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers