Orgel Rob 4

What Happened

Rob Orgel, President and Chief Operating Officer of Flywire Corp (FLYW), received an award of 362,318 restricted stock units (RSUs) on February 24, 2026. The award is reported as an acquisition at $0.00 per share (code A) — i.e., a compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed timely).
• Grant: 362,318 RSUs at $0.00 per share (reported acquisition value $0).
• Vesting: 25% of the RSUs vest on March 1, 2027; the remainder vests in equal quarterly installments over the following three years (service‑based vesting) (Footnote F1).
• Adjustment: Report notes an adjustment for 1,243 shares acquired under the Issuer’s Employee Stock Purchase Plan (Footnote F2).
• Transaction type: Award/Grant of RSUs (not a market buy or sale), so it reflects compensation rather than an immediate bullish or bearish trading signal.

Context

Restricted stock units convert to actual shares as they vest; they are typical long‑term employee compensation and subject to forfeiture if the executive leaves before vesting. Because this is a compensation grant (not an outright purchase), it should be viewed as part of executive pay and retention rather than a direct market endorsement.