Flywire (FLYW) President & COO Rob Orgel receives 362,318-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flywire Corp President and COO Rob Orgel reported an equity award covering 362,318 shares of Voting Common Stock at a price of $0.00 per share, reflecting a grant of time-based restricted stock units (RSUs). The RSUs vest 25% on March 1, 2027, with the remaining units vesting in equal quarterly installments over the following three years, conditioned on his continued service. After this award and an adjustment for 1,243 shares acquired under the Employee Stock Purchase Plan, his directly held position increased to 1,202,553 shares of Voting Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Orgel Rob
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Voting Common Stock | 362,318 | $0.00 | -- |
Holdings After Transaction:
Voting Common Stock — 1,202,553 shares (Direct)
Footnotes (1)
- Represents shares of common stock underlying a time-based restricted stock unit award (RSU). The RSU vests with respect to 25% of the shares on March 1, 2027, with the remainder vesting in equal quarterly installments over the following three years, provided that the Reporting Person has provided continuous service to the Issuer through the applicable vesting date. Adjusted to reflect 1,243 shares acquired under the Issuer's Employee Stock Purchase Plan.
FAQ
What insider transaction did Flywire (FLYW) report for Rob Orgel?
Flywire reported that President and COO Rob Orgel received a grant of restricted stock units covering 362,318 shares of Voting Common Stock at $0.00 per share, increasing his directly held position to 1,202,553 shares after including additional shares from the Employee Stock Purchase Plan.
What is the vesting schedule for Rob Orgel's new Flywire (FLYW) RSU grant?
The RSU grant vests 25% of the underlying shares on March 1, 2027, with the remaining 75% vesting in equal quarterly installments over the following three years, provided Rob Orgel continues to provide service to Flywire through each applicable vesting date.