Form 4: Waystar Chairperson John Driscoll Receives RSU Grant
Statement of Changes in Beneficial Ownership
Waystar Holding Corp. Chairperson John Driscoll was granted 9,303 restricted stock units as part of an equity compensation award.
Summary
- Chairperson John Patrick Driscoll acquired 9,303 restricted stock units (RSUs) on June 3, 2026.
- The RSUs were granted at a price of $0 per share.
- Following this transaction, the total number of securities beneficially owned by the reporting person is 100,060 shares.
- The RSUs represent a contingent right to receive one share of common stock upon settlement.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding standard executive compensation and does not indicate a change in company performance or outlook.
Positives
- The grant aligns the interests of the Chairperson with those of the shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting of the RSUs is subject to time-based conditions, specifically the earlier of June 1, 2027, or the next annual meeting of stockholders.
Future Outlook
The RSUs are scheduled to vest on the earlier of June 1, 2027, or the date of the first regularly scheduled annual meeting of stockholders following the grant date.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder value in the healthcare technology sector.
Comparison to Industry Standards
- The grant of RSUs to a Chairperson is consistent with standard executive and board compensation practices among publicly traded technology and healthcare services companies.
- The vesting schedule is typical for annual director equity awards.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 9,303 RSUs on June 1, 2027, or the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Transaction date of the RSU grant. |
| 06/01/2027 | Vesting date for the RSU grant. |
Keywords
Waystar, WAY, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units
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