Form 4: Waystar Holding Corp. CFO Steven Oreskovich Reports Stock Grant and Beneficial Ownership
SEC Form 4 Filing
Waystar Holding Corp.'s CFO, Steven Oreskovich, reported the acquisition of 211,304 shares of common stock through a restricted stock unit (RSU) grant, increasing his total beneficial ownership to 384,946 shares.
Summary
- On April 1, 2025, Steven M. Oreskovich, the Chief Financial Officer of Waystar Holding Corp., reported a transaction involving the company's common stock.
- Oreskovich acquired 211,304 shares of common stock through a grant of restricted stock units (RSUs).
- These RSUs vest over a period of four years, with 40% vesting in year three and 60% vesting in year four.
- Each RSU represents the right to receive one share of common stock upon settlement.
- Following this transaction, Oreskovich's total beneficial ownership of Waystar Holding Corp. common stock is 384,946 shares, which includes unvested RSUs.
- Oreskovich has granted Gregory R. Packer power of attorney to execute and deliver forms related to his securities ownership.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The RSU grant suggests confidence in the company's future, but it's a routine transaction.
Positives
- The RSU grant to the CFO aligns his interests with the long-term performance of the company.
- Increased ownership by a key executive can signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive sign, aligning management's interests with the company's performance.
- Employees may see the grant as a reflection of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| March 24, 2025 | Date of Power of Attorney granted by Steven M. Oreskovich to Gregory R. Packer. |
| April 01, 2025 | Date of the transaction involving the acquisition of common stock through RSU grant. |
| April 03, 2025 | Date of signature for the Form 4 filing. |
Keywords
Waystar Holding Corp., Steven Oreskovich, CFO, Form 4, Beneficial Ownership, Restricted Stock Units, RSU, Securities, Stock Grant
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