Director at Flywire (FLYW) granted 11,558 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Finkelstein Alex reported acquisition or exercise transactions in this Form 4 filing.
Flywire Corp director Alex Finkelstein received an equity grant of 11,558 shares of Voting Common Stock in the form of restricted stock units. These units vest on the earlier of June 2, 2027, or the company’s next annual stockholder meeting, as long as he continues to serve.
The award will also fully vest sooner if there is a change in control of the company, or upon his earlier death or disability. Following this grant, Finkelstein directly holds 270,831 shares of Flywire common stock, reflecting routine director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Finkelstein Alex
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Voting Common Stock | 11,558 | $0.00 | -- |
Holdings After Transaction:
Voting Common Stock — 270,831 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 11,558 shares
Grant price: $0.00 per share
Post-grant holdings: 270,831 shares
+1 more
4 metrics
RSU grant size
11,558 shares
Restricted stock unit award to director on June 2, 2026
Grant price
$0.00 per share
Compensation grant, not an open-market purchase
Post-grant holdings
270,831 shares
Total Voting Common Stock directly held after the transaction
Latest vesting date
June 2, 2027
RSUs vest on this date or earlier at next annual meeting
Key Terms
restricted stock unit, Voting Common Stock, change in control, grant, award, or other acquisition
4 terms
restricted stock unit financial
"Represents a restricted stock unit award that vests on the earlier of (a) June 2, 2027, and (b) the Issuer's next annual meeting"
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.
Voting Common Stock financial
"security_title: "Voting Common Stock" for the reported equity grant"
change in control financial
"the restricted stock unit award will accelerate and fully vest upon a change in control, or the Reporting Person's earlier death or disability"
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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for this Form 4 entry"
FAQ
What did Flywire (FLYW) director Alex Finkelstein report in this Form 4?
Alex Finkelstein reported receiving 11,558 restricted stock units of Flywire Voting Common Stock. This is a compensation grant at no purchase price, increasing his direct holdings to 270,831 shares after the award was recorded.
When do Alex Finkelstein’s new Flywire (FLYW) restricted stock units vest?
The restricted stock units vest on the earlier of June 2, 2027, or Flywire’s next annual stockholder meeting. Vesting requires his continuous service with the company through that date, according to the grant terms.
Under what conditions can Alex Finkelstein’s Flywire (FLYW) RSUs vest early?
The restricted stock units will accelerate and fully vest if Flywire undergoes a change in control, or upon Finkelstein’s earlier death or disability. These conditions provide protection so the award is not forfeited in those events.