Flywire (FLYW) director Carleigh Jaques receives 11,558 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jaques Carleigh reported acquisition or exercise transactions in this Form 4 filing.
Flywire Corp director Carleigh Jaques received a new equity award in the form of restricted stock units. The grant covers 11,558 shares of Voting Common Stock at no purchase price, bringing her direct holdings to 44,152 shares. These units vest on the earlier of June 2, 2027 or the company’s next annual stockholder meeting, assuming continued service, and will fully accelerate upon a change in control, death, or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jaques Carleigh
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Voting Common Stock | 11,558 | $0.00 | -- |
Holdings After Transaction:
Voting Common Stock — 44,152 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 11,558 shares
Grant price: $0.00 per share
Holdings after transaction: 44,152 shares
+1 more
4 metrics
RSU grant size
11,558 shares
Restricted stock unit award on June 2, 2026
Grant price
$0.00 per share
Compensation-related RSU award, no cash paid
Holdings after transaction
44,152 shares
Total direct Voting Common Stock after RSU grant
Vesting date
June 2, 2027
Later of grant or next annual meeting determines vesting
Key Terms
restricted stock unit, change in control, continuous service
3 terms
restricted stock unit financial
"Represents a restricted stock unit award that vests on the earlier of (a) June 2, 2027"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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"
FAQ
What insider transaction did Flywire (FLYW) report for Carleigh Jaques?
Flywire reported that director Carleigh Jaques received a grant of 11,558 restricted stock units of Voting Common Stock at no purchase price. This is a compensation-related equity award, not an open-market share purchase or sale.
When do Carleigh Jaques’s new Flywire (FLYW) restricted stock units vest?
The 11,558 restricted stock units vest on the earlier of June 2, 2027, or Flywire’s next annual meeting of stockholders. Vesting requires that Carleigh Jaques continue providing service to the company through that vesting date, subject to certain acceleration conditions.
Under what circumstances will the new Flywire (FLYW) RSUs vest early?
The restricted stock units will accelerate and fully vest if Flywire undergoes a change in control, or if Carleigh Jaques experiences an earlier death or disability. These acceleration terms provide protection so the equity award is not forfeited in such events.