Form 4: Waystar Chief Transformation Officer Sells Over 85,000 Shares
Insider Transaction Report
Waystar Holding Corp.'s Chief Transformation Officer, T. Craig Bridge, sold 85,000 shares of common stock for approximately $3.15 million under a pre-arranged trading plan.
Summary
- T. Craig Bridge, Chief Transformation Officer of Waystar Holding Corp., disposed of 85,000 shares of common stock.
- The shares were sold on July 21, 2025, at a weighted average price of $37.0922 per share, totaling approximately $3,152,837.
- Individual transaction prices ranged from $36.36 to $37.42 per share.
- The sale was executed automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2024.
- Following the transaction, T. Craig Bridge directly beneficially owns 682,843 shares of Waystar common stock, which includes unvested Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The sentiment is neutral. While it reports an insider sale, the transaction was pre-arranged under a Rule 10b5-1 plan, which typically indicates a planned liquidity event rather than a reaction to new, non-public information.
Positives
- No explicit positives identified directly from this filing, as it primarily reports an insider's stock sale.
Negatives
- The transaction represents a reduction in direct beneficial ownership by a key executive, with 85,000 shares of common stock being sold.
Risks
- No new specific risks identified directly from this filing, as it reports a pre-scheduled insider transaction rather than new operational or financial disclosures.
Future Outlook
This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: The sale represents a minor reduction in insider ownership, which is a routine disclosure for pre-planned transactions.
Key Dates
| Date | Description |
|---|---|
| 11/27/2024 | Date the Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 07/21/2025 | Date of the reported stock transaction (sale of common stock). |
| 07/22/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Waystar Holding Corp., WAY, T. Craig Bridge, Chief Transformation Officer, Insider Sale, Form 4, SEC Filing, 10b5-1 Plan, Stock Transaction
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