Flywire (FLYW) CTO receives 234,234-share RSU award vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp reported that Chief Technology Officer Patrick Blanc acquired 234,234 shares of Voting Common Stock through a restricted stock unit (RSU) grant on February 23, 2026. The RSU vests over four years, with 35% after one year and the rest vesting quarterly through the fourth year, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blanc Patrick
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Voting Common Stock | 234,234 | $0.00 | -- |
Holdings After Transaction:
Voting Common Stock — 234,234 shares (Direct)
Footnotes (1)
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FAQ
What did Flywire (FLYW) disclose about Patrick Blanc in this Form 4?
Flywire disclosed that Chief Technology Officer Patrick Blanc received a grant of 234,234 restricted stock units. These RSUs represent Voting Common Stock that will vest over four years, contingent on his continued service with the company through each vesting date.
What is the vesting schedule for Patrick Blanc’s Flywire (FLYW) RSUs?
The RSU award vests with 35% of the shares on the one-year anniversary of February 23, 2026. The remaining shares vest quarterly over the next three years, with 28% in year two, 22% in year three, and 15% in year four, subject to continued service.
Is Patrick Blanc’s Flywire (FLYW) RSU grant an open-market stock purchase?
No, the Form 4 shows a restricted stock unit award, not an open-market purchase. The transaction code "A" indicates a grant or award acquisition at a stated price of zero, meaning shares are earned over time as vesting conditions are satisfied.
What conditions apply to Patrick Blanc’s Flywire (FLYW) RSU vesting?
Vesting of Patrick Blanc’s RSUs depends on his continuous service to Flywire. Each vesting installment occurs only if he remains with the company through the applicable vesting date, aligning the long-term award with ongoing employment and executive retention.
How long will it take for Patrick Blanc’s Flywire (FLYW) RSUs to fully vest?
The RSUs are scheduled to fully vest over four years starting from February 23, 2026. An initial 35% vests after one year, and the remaining 65% vests in quarterly installments over the following three years, assuming continuous service throughout the period.