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Flywire (FLYW) director Matthew Harris receives 11,558-share RSU grant with vesting to 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Harris Matthew C reported acquisition or exercise transactions in this Form 4 filing.

Flywire Corp director Matthew C. Harris received a new equity grant in the form of restricted stock units. The award covers 11,558 shares of Voting Common Stock at no cash cost, reflecting stock-based compensation rather than an open-market purchase.

The restricted stock units vest on the earlier of June 2, 2027 or Flywire’s next annual meeting of stockholders, as long as Harris continues serving the company until that date. The units will fully vest sooner if there is a change in control of Flywire or upon Harris’s death or disability. After this grant, he holds 39,014 shares of Voting Common Stock directly.

Positive

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Insider Harris Matthew C
Role null
Type Security Shares Price Value
Grant/Award Voting Common Stock 11,558 $0.00 --
Holdings After Transaction: Voting Common Stock — 39,014 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 11,558 shares Restricted stock unit award to director Matthew C. Harris
Post-transaction holdings 39,014 shares Voting Common Stock held directly after the grant
Vesting date June 2, 2027 Latest vesting date, or earlier at next annual meeting
Grant price per share $0.0000 per share Compensation grant, not open-market purchase
restricted stock unit award financial
"Represents a restricted stock unit award that vests on the earlier of (a) June 2, 2027..."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
change in control financial
"the restricted stock unit award will accelerate and fully vest upon a change in control..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
continuous service financial
"provided that the Reporting Person has provided continuous service to the Issuer through such date."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Harris Matthew C

(Last)(First)(Middle)
C/O BAIN CAPITAL VENTURE INVESTORS, LLC
200 CLARENDON STREET

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Flywire Corp [ FLYW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Voting Common Stock06/02/2026A11,558(1)A$0.0039,014D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a restricted stock unit award that vests on the earlier of (a) June 2, 2027, and (b) the Issuer's next annual meeting of stockholders, provided that the Reporting Person has provided continuous service to the Issuer through such date. In addition, the restricted stock unit award will accelerate and fully vest upon a change in control, or the Reporting Person's earlier death or disability.
/s/ Matthew C Harris06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Flywire (FLYW) director Matthew C. Harris report in this Form 4?

Matthew C. Harris reported receiving a restricted stock unit award for 11,558 shares of Flywire Voting Common Stock. The grant is stock-based compensation, not an open-market purchase, and increases his directly held position to 39,014 shares following the transaction.

How many Flywire (FLYW) shares are covered by Harris’s new restricted stock unit award?

The award covers 11,558 shares of Flywire Voting Common Stock. These are restricted stock units that convert into shares upon vesting, with no cash price per share listed in the filing because they represent compensation rather than a traditional share purchase.

When do Matthew C. Harris’s Flywire (FLYW) restricted stock units vest?

The restricted stock units vest on the earlier of June 2, 2027, or Flywire’s next annual meeting of stockholders. Vesting also depends on Harris providing continuous service to Flywire through the applicable date as specified in the award’s vesting terms.

Do Harris’s Flywire (FLYW) restricted stock units have any acceleration provisions?

Yes. The filing states the restricted stock unit award will accelerate and fully vest upon a change in control of Flywire, or upon Harris’s earlier death or disability. These provisions allow earlier vesting if one of those specific events occurs.

How many Flywire (FLYW) shares does Matthew C. Harris own after this Form 4 transaction?

After receiving the restricted stock unit award, Harris’s total direct holdings are reported as 39,014 shares of Voting Common Stock. This figure reflects his position following the transaction described, combining previously held shares with the newly granted award.

Was cash paid for the Flywire (FLYW) shares in Matthew C. Harris’s Form 4 transaction?

No cash was paid per share for this transaction. The filing reports a price of $0.0000 per share, indicating the shares come from a restricted stock unit compensation grant, not an open-market purchase where shares are bought at a market price.