secwatch.observer — SEC 8-K summary
======================================

Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2023-01-10T23:59:59+00:00
Accession:  0001193125-23-005671
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire appoints Discover executive Diane Offereins to board; Hao and Natauri resign
--------------------------------------------------------------------------------

- Diane Offereins (EVP, President Payment Services at Discover) appointed to board and Compensation Committee, effective Jan 9, 2023.
- Yvonne Hao resigned to serve as Massachusetts Secretary of Economic Development; Jo Natauri (Goldman Sachs partner) also resigned.
- Board size reduced from 7 to 6; Offereins fills vacancy as Class I director with term at 2025 annual meeting.
- Offereins receives $30k annual retainer, $350k initial RSU (3-year vest), and $175k annual RSU.
- Offereins brings extensive payments, financial services, and cybersecurity experience to Flywire's board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523005671/0001193125-23-005671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523005671/d432856d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-005671

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer