Flywire executive exercises options for 5,125 shares

Flywire Corp executive David R. King exercised stock options to acquire 5,125 shares of Voting Common Stock at $3.95 per share.

Rhea-AI Filing Summary

Flywire Corp executive David R. King exercised stock options to acquire 5,125 shares of Voting Common Stock at $3.95 per share. These shares were acquired through the exercise of an Employee Stock Option that is fully vested.

After this transaction, he directly holds 1,091,650 shares of Voting Common Stock and has an additional 276,204 shares reported as indirectly owned through the D R King Revocable Trust. The trust holdings are reported with a disclaimer of beneficial ownership, meaning his economic interest is limited to any pecuniary interest he may have in the trust.

Insider Trade Summary

5,125 shares exercised/converted

Exercise 3 txns

Insider King David R.

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	5,125	$0.00	$0.00
Exercise	Voting Common Stock	5,125	$3.95	$20K
holding	Voting Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (right to buy) — 0 contracts (Direct); Voting Common Stock — 1,091,650 shares (Direct); Voting Common Stock — 276,204 shares (Indirect, By Revocable Trust)

Footnotes (3)

1. F1. Adjusted to reflect 1,815 shares acquired under the Issuer's Employee Stock Purchase Plan.
2. F2. The shares are held by the D R King Revocable Trust Dated 10/05/07, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of the Reporting Person's pecuniary interests therein, if any.
3. F3. The shares subject to this option are fully vested as of the date hereof.

Key Figures

Options exercised: 5,125 shares Option exercise price: $3.95 per share Direct shares after transaction: 1,091,650 shares +4 more

7 metrics

Options exercised 5,125 shares Employee Stock Option exercise on Voting Common Stock

Option exercise price $3.95 per share Strike price for Employee Stock Option exercised

Direct shares after transaction 1,091,650 shares Voting Common Stock directly held after option exercise

Indirect shares via trust 276,204 shares Held by D R King Revocable Trust with beneficial ownership disclaimed

Exercised option balance 0 options Shares subject to this specific option remaining after exercise

Option expiration date January 20, 2031 Expiration date referenced for the Employee Stock Option grant

Adjusted ESPP shares 1,815 shares Adjustment noted for shares acquired under Employee Stock Purchase Plan

Key Terms

Employee Stock Option, Revocable Trust, Employee Stock Purchase Plan, pecuniary interests, +1 more

5 terms

Employee Stock Option financial

"security_title: "Employee Stock Option (right to buy)""

An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.

Revocable Trust financial

"The shares are held by the D R King Revocable Trust Dated 10/05/07"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

Employee Stock Purchase Plan financial

"Adjusted to reflect 1,815 shares acquired under the Issuer's Employee Stock Purchase Plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

pecuniary interests financial

"except to the extent of the Reporting Person's pecuniary interests therein, if any."

beneficial ownership financial

"The Reporting Person disclaims beneficial ownership of these shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

What insider transaction did David R. King report at Flywire (FLYW)?

David R. King reported exercising Employee Stock Options to acquire 5,125 shares of Flywire Voting Common Stock at $3.95 per share. The transaction was coded as an option exercise (code M), not an open-market purchase or sale, and reflects compensation-related activity.

How many Flywire (FLYW) shares does David R. King hold after this Form 4?

After the reported transactions, David R. King directly holds 1,091,650 shares of Flywire Voting Common Stock. The filing also shows 276,204 shares indirectly held by the D R King Revocable Trust, where his beneficial ownership is disclaimed except for any pecuniary interest.

What is the significance of the option exercise price in David R. King’s Flywire filing?

The exercised Employee Stock Option allowed David R. King to acquire 5,125 Flywire shares at $3.95 per share. This strike price represents the cost per share under the option agreement and is separate from any market price, highlighting a compensation-based acquisition rather than an open-market trade.

How are Flywire shares held through the D R King Revocable Trust treated in this Form 4?

The Form 4 states 276,204 Flywire shares are held by the D R King Revocable Trust, where David R. King is a trustee. He disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest, so the trust is effectively the primary holder.

Were there any Flywire share sales or gifts in David R. King’s latest Form 4?

The filing shows no open-market sales or gifts of Flywire shares. Activity consisted of an Employee Stock Option exercise for 5,125 shares and a holding entry for trust-owned shares, resulting in increased direct ownership without any reported dispositions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/02/2026 - 04:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

King David R.

(Last) (First) (Middle)

C/O FLYWIRE CORPORATION

141 TREMONT STREET, SUITE 10

(Street)

BOSTON MASSACHUSETTS 02111

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Voting Common Stock	06/30/2026		M		5,125	D	$3.95	1,091,650(1)	D
Voting Common Stock								276,204	I	By Revocable Trust(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$3.95	06/30/2026		M			5,125	(3)	01/20/2031	Voting Common Stock	5,125	$0.00	0	D

Explanation of Responses:

1. Adjusted to reflect 1,815 shares acquired under the Issuer's Employee Stock Purchase Plan.

2. The shares are held by the D R King Revocable Trust Dated 10/05/07, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of the Reporting Person's pecuniary interests therein, if any.

3. The shares subject to this option are fully vested as of the date hereof.

Remarks:

Chief Product Officer & Co-President of Global Education

	/s/ David R. King	07/02/2026
	** Signature of Reporting Person	Date
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)