Form 4: Waystar Holding Corp. Director Paul Moskowitz Reports Sale and Distribution of Shares

Paul Moskowitz, a director of Waystar Holding Corp., reported the sale and distribution of common stock held indirectly through Bain Capital entities.

Summary

• Paul Moskowitz, a director at Waystar Holding Corp., filed a Form 4 detailing changes in beneficial ownership.
• On February 24, 2025, shares of common stock were sold through a registered public offering at $38.60 per share.
• Derby Investor sold 552,696 shares, and Derby SPV Investor sold 5,099,993 shares.
• Additionally, Derby Investor distributed 347,013 shares, and Derby SPV Investor distributed 226,179 shares to members or partners for charitable gifts.
• After these transactions, the Bain Capital Entities indirectly hold 22,327,728 and 21,754,536 shares respectively.
• Moskowitz disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports transactions without expressing any positive or negative outlook.

Management Comments

• Mr. Moskowitz disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Industry Context

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

Stakeholder Impact

• The sale of shares may have a short-term impact on the stock price, but the distribution for charitable purposes is unlikely to have a significant effect.

Key Dates