Howard Gretchen 4
Research Summary
AI-generated summary
Flywire Director Gretchen Receives RSU Award for 11,558 Shares
What Happened
- Howard Gretchen, a director of Flywire Corp (FLYW), was granted 11,558 restricted stock units (RSUs) on June 2, 2026. The award is reported at an acquisition price of $0.00 (total reported value $0) and is coded as an Award/Grant (A) on the Form 4.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed within the typical two-business-day window).
- Reported price/value: $0.00 per share; total reported value $0 (non-cash RSU grant).
- Shares owned after transaction: Not disclosed in the provided filing.
- Vesting / footnote: RSUs vest on the earlier of (a) June 2, 2027, or (b) the issuer’s next annual meeting, subject to continuous service; vesting accelerates upon a change in control or the reporting person’s death or disability.
- Transaction code: A = Award/Grant.
Context
- RSUs are deferred-compensation awards that convert into shares only after vesting; this grant is not an open-market purchase or sale and does not immediately change market-held shares.
- Such director RSU awards are commonly used for compensation and retention and should be viewed as a grant subject to future vesting terms rather than an immediate insider buy signal.