Form 4: Waystar Holding Corp. Executive T. Craig Bridge Executes Stock Option and Sells Shares
SEC Form 4 Filing
T. Craig Bridge, Chief Transformation Officer of Waystar Holding Corp., exercised stock options and sold shares of common stock on February 26, 2025, according to a recent SEC filing.
Summary
- On February 26, 2025, T. Craig Bridge, Chief Transformation Officer of Waystar Holding Corp., exercised stock options to acquire 131,083 shares of common stock at a price of $16.53 per share.
- Simultaneously, Bridge sold 182,914 shares of common stock at a weighted average price of $42.1547, with individual transactions ranging from $41.66 to $42.44.
- Following these transactions, Bridge directly owns 519,658 shares of Waystar Holding Corp. common stock.
- The transactions were executed under a pre-arranged trading plan adopted on November 27, 2024, compliant with Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock option exercises and sales.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Insiders may sell shares for various reasons, including personal financial planning.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 2024-11-27 | Date of adoption of the Rule 10b5-1 trading plan. |
| 2025-02-26 | Date of stock option exercise and sale of shares. |
| 2029-10-23 | Expiration date of the stock options. |
| 2025-02-28 | Date of signature of the SEC filing. |
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