Form 4: Waystar Holding Corp. Executive Melissa F. Miller Reports Stock Transactions
SEC Form 4 Filing
Chief Marketing Officer Melissa F. Miller reports the sale of Waystar Holding Corp. common stock and the exercise of stock options.
Summary
- Melissa F. Miller, Chief Marketing Officer of Waystar Holding Corp., reported transactions involving the company's common stock on February 21, 2025.
- Miller exercised stock options to acquire 3,400 shares of common stock at a price of $18.19 per share.
- She also sold 200 shares at a weighted average price of $41.14 and 3,200 shares at a weighted average price of $42.2182.
- These transactions were executed under a pre-arranged trading plan (Rule 10b5-1(c)) adopted on November 20, 2024.
- Following these transactions, Miller beneficially owns 43,478 shares of Waystar Holding Corp. common stock and 38,950 stock options.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions. There's no indication of positive or negative sentiment towards the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 2020-08-17 | Options granted |
| 2021-08-17 | First vesting date for 50% of options |
| 2024-11-20 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-21 | Date of stock option exercise and stock sales |
| 2025-02-25 | Date of Form 4 filing |
| 2030-08-17 | Expiration date of stock options |
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