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

Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0001193125-23-238122
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire appoints former Robinhood COO Gretchen Howard to Board of Directors
---------------------------------------------------------------------------

- Howard appointed as Class II director; Board expands from six to seven members, effective September 19, 2023.
- She will serve on the Compensation Committee; compensation includes $35k annual cash retainer and initial RSU award of $350k.
- Howard was Robinhood's COO through its 2021 IPO and a partner at Alphabet's CapitalG growth equity fund.
- Annual RSU award of $175k granted before each annual meeting, vesting over one year or until next meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523238122/0001193125-23-238122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523238122/d510435d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-238122

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