Form 4: Flywire CFO Cosmin Pitigoi Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Cosmin Pitigoi, CFO of Flywire Corp, reports acquiring and disposing of shares of common stock on March 13, 2025.
Summary
- On March 13, 2025, Cosmin Pitigoi, the Chief Financial Officer of Flywire Corp, engaged in transactions involving the company's common stock.
- Pitigoi acquired 334,928 shares of common stock at a price of $0.
- Following the reported transactions, Pitigoi beneficially owns 679,561 shares.
- The acquisition of shares is related to a time-based restricted stock unit (RSU) award.
- 25% of the RSU shares vest on March 1, 2026, with the remaining shares vesting in equal quarterly installments over the subsequent three years, contingent upon continuous service to Flywire.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The remaining 75% of the RSU shares will vest in equal quarterly installments over the three years following March 1, 2026, contingent upon continuous service to Flywire.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders who trade in their company's stock. It provides transparency to the market regarding the transactions of key personnel.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of stock transaction (acquisition and disposal). |
| 03/17/2025 | Date of signature for the Form 4 filing. |
| 03/01/2026 | Initial vesting date for 25% of the RSU shares. |
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