King David R. 4

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.