Form 4: Flywire Director Matthew Harris Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Matthew C. Harris was granted 11,558 restricted stock units in Flywire Corp as part of his compensation.
Summary
- Director Matthew C. Harris acquired 11,558 restricted stock units (RSUs) of Flywire Corp (FLYW) on June 2, 2026.
- The shares were granted at a price of $0.00 per share.
- Following this transaction, the reporting person holds a total of 39,014 shares of voting common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- The grant aligns the director's interests with those of shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is contingent upon continuous service to the issuer.
- The value of the equity is subject to market volatility of Flywire Corp common stock.
Future Outlook
The RSU award is scheduled to vest on the earlier of June 2, 2027, or the date of the issuer's next annual meeting of stockholders, subject to continuous service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the fintech sector.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices for publicly traded technology companies.
- The vesting schedule tied to annual meetings is a common governance mechanism to ensure board continuity.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 11,558 RSUs on June 2, 2027, or the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the RSU grant transaction. |
| 06/04/2026 | Date the Form 4 was signed and filed. |
| 06/02/2027 | Scheduled vesting date for the RSU award. |
Keywords
Flywire, FLYW, Form 4, Insider Transaction, Director Compensation, Restricted Stock Units
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