Flywire (NASDAQ: FLYW) grants 181,159 RSUs to its general counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp reported that its General Counsel and Chief Compliance Officer, Peter Butterfield, acquired 181,159 shares of Voting Common Stock on February 24, 2026 through a restricted stock unit (RSU) award at a price of $0.00 per share.
The RSUs represent time-based equity compensation. According to the terms, 25% of the underlying shares vest on March 1, 2027, with the remaining shares vesting in equal quarterly installments over the following three years, so long as he continues providing service to the company through each vesting date. After this grant, Butterfield directly holds 556,092 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butterfield Peter
Role
General Counsel and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Voting Common Stock | 181,159 | $0.00 | -- |
Holdings After Transaction:
Voting Common Stock — 556,092 shares (Direct)
Footnotes (1)
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FAQ
What did Flywire (FLYW) disclose about Peter Butterfield in this Form 4?
Flywire disclosed that General Counsel and Chief Compliance Officer Peter Butterfield received an equity award of 181,159 restricted stock units. These RSUs convert into Voting Common Stock over time, increasing his direct holdings to 556,092 shares, subject to a multi-year vesting schedule tied to continued service.
What is the vesting schedule for Peter Butterfield’s Flywire (FLYW) RSU award?
The RSU award vests 25% of the underlying shares on March 1, 2027. The remaining 75% vests in equal quarterly installments over the following three years, provided Peter Butterfield continues serving Flywire through each applicable vesting date in the schedule.
Did Peter Butterfield pay cash for the Flywire (FLYW) RSU grant?
No cash was paid for this RSU grant; the transaction price per share is reported as $0.00. The award represents stock-based compensation that delivers shares of Voting Common Stock as they vest over time, subject to his continued service at Flywire.