Answer: Butterfly Valves.
I found references to both valved and unvalved payload fairing (PLF) vents. Apparently the valves (if used) control the rate of pressure drop. Within the PLF are a number of compartments. If the rate of pressure drop exceeds their ability to vent, it places stress on those compartments. Consider honeycomb panels. Every cell in the honeycomb has its own vent hole. The payload may also have limits on pressure drop rate.
The Falcon9 limits PLF pressure drop rate. From the User's Manual:
Inside the Falcon launch vehicle, the payload fairing internal
pressure will decay at a rate no larger than 0.40 psi/sec (2.8
kPa/sec) from liftoff through immediately prior to fairing separation,
except for brief periods during flight, where the payload fairing
internal pressure will decay at a rate no larger than 0.65 psi/sec
(4.5 kPa/sec), for no more than 5 seconds.
https://www.spacex.com/media/falcon-users-guide-2021-09.pdf p38
At the same time, the PLF vent rate needs to be high enough to keep the pressure differential on the PLF within design limits. Butterfly valves are used to keep pressure drop rates within specified limits.
The performance characteristics of a vent valve with a spring-loaded door has been evaluated for Korea space launch vehicle-II by Oh et al., [18]. Singh [19]
https://www.researchgate.net/publication/324163616_Vent_Valve_for_Test_Launch_Vehicle_of_Korea_Space_Launch_Vehicle_II
https://saspublishers.com/article/6033/download Scholars Journal of Engineering and Technology
Review of Vent Systems of Space Vehicle, Spacecraft and Aircraft
Fig 17 shows housing and butterfly valve
This spring-loaded butterfly valve bears a striking resemblance to the common barometric damper found on boiler chimneys. These are designed to self-regulate the pressure difference across the wall of the flue pipe. In PLF, the butterfly valve serves the same function: it maintains a constant pressure difference across the wall of the PLF as the ambient pressure falls.