Form 4: Flywire Director Gretchen Howard Reports Acquisition and Disposal of Shares

Director Gretchen Howard reports acquiring 10,466 shares of Flywire Corp and disposing of shares on June 4, 2024.

Summary

• On June 4, 2024, Gretchen Howard, a director of Flywire Corp, reported acquiring 10,466 shares of voting common stock.
• The acquisition was made at a price of $0.
• Following the transaction, Howard directly owns 21,881 shares.
• The report also indicates a disposal of shares.
• The acquired shares are related to a restricted stock unit award that vests on the earlier of June 4, 2025, or the Issuer's next annual meeting of stockholders, contingent upon continuous service.
• The restricted stock unit award will fully vest upon a change in control, death, or disability.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units will vest on the earlier of June 4, 2025, or the next annual meeting of stockholders, provided continuous service is maintained. Accelerated vesting occurs upon a change in control, death, or disability.

Industry Context

This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency to investors regarding the trading activities of company directors and officers.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates