Form 4: Waystar Holding Corp. Director Paul Moskowitz Reports Sale of Shares Following Public Offering

Director Paul Moskowitz reports the sale of Waystar Holding Corp. shares by related entities following a registered public offering and the exercise of underwriters' option.

Summary

• Paul Moskowitz, a director of Waystar Holding Corp., filed a Form 4 detailing changes in beneficial ownership of the company's common stock.
• The filing reports sales of shares by BCPE Derby Investor, LP and BCPE Derby (DE) SPV, LP, entities related to Bain Capital, following a registered public offering that closed on May 16, 2025.
• A total of 3,012,253 shares were sold on May 16, 2025, at a price of $37.3937 per share (net of underwriting discount).
• On the same day, 235,397 shares were distributed to members or partners in connection with charitable gifts.
• An additional 451,837 shares were sold on May 20, 2025, at $37.3937 per share, related to the exercise of the underwriters' option.
• Following these transactions, the Bain Capital Entities beneficially own 18,055,049 shares of Waystar Holding Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share sales, with no inherent positive or negative sentiment.

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 react to the news of insider selling, although this appears to be a planned reduction following a public offering.

Key Dates

Keywords

Form 4, beneficial ownership, Waystar Holding Corp., Paul Moskowitz, share sale, public offering, Bain Capital, BCPE Derby Investor, BCPE Derby (DE) SPV