Michael Massaro compensation by year
Flywire Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $425,000 | $450,000 | $450,000 | $450,000 | $450,000 | $450,000 |
| Bonus | $0 | — | $0 | $0 | $0 | $0 |
| Stock awards | $0 | $0 | $6,384,148 | $7,628,574 | $9,295,443 | $7,732,055 |
| Option awards | $0 | $4,052,400 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $189,000 | $257,600 | $226,200 | $585,000 | $241,776 | $610,000 |
| Pension and deferred compensation | $0 | — | $0 | $0 | $0 | $0 |
| All other | $9,750 | $9,750 | $9,248 | $9,998 | $11,598 | $11,440 |
| Total | $623,750 | $5,060,950 | $7,069,596 | $8,673,572 | $9,998,817 | $8,803,495 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Flywire Corp DEF 14A filed April 23, 2026, accession 0001193125-26-173788, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Flywire Corp filed document, accession 0001193125-26-173788. Every figure is read from that document and cited to the page and table it appears in. Filed April 23, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 765,550 | $10,840,188 | — |
| RSU | 191,739 | $2,715,024 | — |
| RSU | 88,887 | $1,258,640 | — |
| RSU | 15,754 | $223,077 | — |
| Option | 5,000 | — | $3.95 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Flywire Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
8 Form 4 lines since the FY2025 proxy (filed April 23, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-01 | Sale | 10b5-1 | 112,500 | $18.39 | 2,400,558 |
| 2026-09-01 | Tax withholding | 10b5-1 | 39,993 | $18.18 | 2,513,058 |
| 2026-07-17 | Sale | 10b5-1 | 32,328 | $18.20 | 2,553,051 |
| 2026-07-16 | Sale | 10b5-1 | 92,672 | $18.62 | 2,585,379 |
| 2026-06-15 | Sale | 10b5-1 | 50,000 | $15.26 | 2,678,051 |
| 2026-06-01 | Tax withholding | — | 39,799 | $16.61 | 2,726,236 |
| 2026-05-06 | Sale | 10b5-1 | 11,830 | $15.65 | 2,804,205 |
| 2026-05-06 | Sale | 10b5-1 | 38,170 | $16.62 | 2,766,035 |
The 8 most recent of 8 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments Flywire discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Resignation for good reason, no change in control | $1,350,000 | $7,180,355 | $49,866 | $8,580,221 |
| Change in control and involuntary termination | $1,800,000 | $15,088,979 | $49,866 | $16,937,845 |
| Change in control and resignation for good reason | $1,800,000 | $15,088,979 | $49,866 | $16,937,845 |
| Involuntary termination without cause | $1,350,000 | $7,180,355 | $49,866 | $8,580,221 |
Per the Potential Payments Upon Termination or Change in Control table in Flywire Corp's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Flywire’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Michael Massaro · this page | Chief Executive Officer and Director | $8,803,495 |
| Robert Orgel | President and Chief Operating Officer | $5,217,446 |
| Cosmin Pitigoi | Chief Financial Officer | $4,162,710 |
| David King | Chief Product Officer & Co-President of Global Education | $3,746,781 |
| Peter Butterfield | General Counsel and Chief Compliance Officer | $2,304,379 |
Board service
Flywire board · FY2021–FY2025How this board is paid
Company policy: Flywire pays directors a $35,000 cash retainer and $175,000 in RSUs. As stated in Flywire's FY2025 proxy.
The full Flywire compensation record
free company briefThis page is one person within Flywire's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Flywire proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Flywire's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Flywire's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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