Form 4: Waystar Holding Corp. CEO Matthew Hawkins Reports Changes in Beneficial Ownership

Matthew J. Hawkins, CEO of Waystar Holding Corp., reports acquisition of restricted stock units and contributions of stock options to grantor retained annuity trusts.

Summary

• On May 9, 2025, Matthew J. Hawkins, CEO of Waystar Holding Corp., reported changes in his beneficial ownership of the company's securities.
• Hawkins acquired 264,131 restricted stock units (RSUs) at a price of $0.
• These RSUs vest over 4 years, with 40% vesting in year 3 and 60% vesting in year 4, and each RSU represents a right to receive one share of common stock upon settlement.
• Hawkins also reported holding 764,131 shares of common stock, including unvested RSUs.
• He indirectly owns 500,000 and 250,000 stock options through 2024 and 2025 grantor retained annuity trusts, respectively, for which he acts as trustee and sole annuitant.
• These options have an exercise price of $4.14 and expire on November 1, 2027.
• Hawkins directly owns 1,719,548 stock options with the same terms.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports transactions related to executive compensation and ownership, without indicating significant positive or negative implications for the company's performance.

Positives

• The acquisition of RSUs by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The reported transactions may influence investor perception of management's alignment with shareholder interests.

Key Dates

Keywords

Waystar Holding Corp., Matthew J. Hawkins, beneficial ownership, restricted stock units, stock options, grantor retained annuity trusts, Form 4, securities