Rob Orgel, President and Chief Operating Officer of Flywire Corp (NASDAQ:FLYW), filed a Form 4 on November 13, 2026, disclosing the exercise of stock options and sale of 125,000 shares of Voting Common Stock on November 10, 2026, pursuant to a previously adopted Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: Orgel exercised stock options covering 125,000 shares at an exercise price of $3.3 per share on November 10, 2026.
  • Shares sold: 125,000 shares of Voting Common Stock were disposed of at a weighted average price of $21.8144, with individual transaction prices ranging from $21.555 to $22.01.
  • 10b5-1 plan: The sales were made pursuant to a previously adopted Rule 10b5-1 trading plan, according to the filing.
  • Remaining direct ownership: Following the transactions, Orgel directly holds 916,918 shares of Voting Common Stock.
  • Options remaining: Orgel retains 259,452 shares underlying stock options with an exercise price of $3.3 and an expiration date of November 1, 2029, all of which are fully vested.
  • Role: Orgel is identified in the filing as President and COO of Flywire Corp.

Orgel's Option Exercise and Planned Share Sale at Flywire Corp

According to the Form 4 filed with the SEC on November 13, 2026, Rob Orgel, President and COO of Flywire Corp, executed two transactions on November 10, 2026. First, he exercised stock options (transaction code M) to acquire 125,000 shares of Voting Common Stock at an exercise price of $3.3 per share, bringing his directly held total to 1,041,918 shares at that point. The options exercised are described in the filing as fully vested, with an expiration date of November 1, 2029, and carried a derivative security price of $0.

Immediately following the exercise, Orgel disposed of (transaction code S) all 125,000 newly acquired shares at a weighted average price of $21.8144. The filing notes that these shares were sold in multiple transactions at prices ranging from $21.555 to $22.01, inclusive. After both transactions, Orgel's direct beneficial ownership of Voting Common Stock stood at 916,918 shares, as reported in the filing.

The filing indicates the sale was made pursuant to a previously adopted Rule 10b5-1 trading plan. The form also reflects that Orgel retains 259,452 shares underlying remaining stock options with an exercise price of $3.3 per share, held directly. Full details on the number of shares sold at each individual price within the stated range are available from the issuer or the SEC upon request, according to the filing's explanation of responses.

What Was Disclosed

The filing reports that Flywire Corp's President and COO, Rob Orgel, exercised 125,000 fully vested stock options at $3.3 and sold the resulting 125,000 shares at a weighted average of $21.8144 on November 10, 2026, under a Rule 10b5-1 plan, leaving him with 916,918 directly held shares.