King David R. 4
4 · Flywire Corp · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Flywire CPO David R. King Receives RSU Award 244,565 Shares
What Happened
- David R. King, Chief Product Officer & Co‑President of Global Education at Flywire (FLYW), was granted 244,565 restricted stock units (RSUs) on Feb 24, 2026. The Form 4 reports the grant as an award (transaction code A) at $0.00 per share (typical for RSU grants; value realized depends on Flywire’s future stock price at vesting).
Key Details
- Transaction date: 2026-02-24; filing date: 2026-02-26 (filed within the usual Section 16 reporting window).
- Transaction type/code: Grant of RSUs (A).
- Shares granted: 244,565 RSUs; reported acquisition price: $0.00 (not a cash purchase).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: RSUs vest 25% on March 1, 2027, then in equal quarterly installments over the next three years, subject to continued service.
- F2: Adjusted to reflect 1,243 shares acquired under Flywire’s Employee Stock Purchase Plan.
- F3: Some shares are held by the D R King Revocable Trust (the reporting person is trustee and disclaims beneficial ownership except to the extent of any pecuniary interest).
Context
- This is a standard time‑based RSU grant used for compensation and retention; the award itself is not a market purchase or sale and does not indicate an immediate cash value until vesting and any subsequent sale.
- Vesting schedule means shares will be delivered over several years if Mr. King remains with the company; tax and eventual sale outcomes depend on future events and stock price.
Insider Transaction Report
Form 4
Flywire CorpFLYW
King David R.
Chief Technology Officer
Transactions
- Award
Voting Common Stock
[F1][F2]2026-02-24+244,565→ 1,127,491 total
Holdings
- 276,204(indirect: By Trust)
Voting Common Stock
[F3]
Footnotes (3)
- [F1]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.
- [F2]Adjusted to reflect 1,243 shares acquired under the Issuer's Employee Stock Purchase Plan.
- [F3]The shares are held by the D R King Revocable Trust Dated 10/05/07, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of the Reporting Person's pecuniary interests therein, if any.
Signature
/s/ David R. King|2026-02-26