Waystar CMO reports tax-withholding share disposition
Waystar Holding Corp.'s Chief Marketing Officer Melissa F. (Missy) Miller reported a tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
Waystar Holding Corp.'s Chief Marketing Officer Melissa F. (Missy) Miller reported a tax-related share disposition. On the transaction date, 2,887 shares of common stock were withheld at $19.23 per share to cover taxes upon vesting of Non-Qualified Stock Options. After this withholding, she held 252,077 shares directly, which the footnote states includes unvested RSUs. This event reflects routine tax withholding rather than an open-market sale.
Insider Trade Summary
Exercise Price or Tax Liability: 2,887 shares
Exercise Price or Tax Liability
1 txn
Insider
Miller Melissa F. (Missy)
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,887 | $19.23 | $56K |
Holdings After Transaction:
Common Stock — 252,077 shares (Direct)
Footnotes (2)
- F1. The transaction represents shares of common stock withheld to pay taxes upon vesting of Non-Qualified Stock Options granted to the Reporting Person on June 6, 2024. The number of shares withheld was determined based on the actual sale price of shares sold on June 9, 2026 pursuant to a sell-to-cover transaction.
- F2. Includes unvested RSUs.
Key Figures
Shares withheld for taxes: 2,887 shares
Withholding price per share: $19.23 per share
Shares owned after transaction: 252,077 shares
+1 more
4 metrics
Shares withheld for taxes
2,887 shares
Tax-withholding disposition on common stock
Withholding price per share
$19.23 per share
Valuation used for tax-withholding shares
Shares owned after transaction
252,077 shares
Direct beneficial ownership after withholding, includes unvested RSUs
Tax-withholding share count
2,887 shares
Form 4 taxWithholdingShares in transaction summary
Key Terms
Non-Qualified Stock Options, sell-to-cover transaction, RSUs, tax-withholding disposition
4 terms
Non-Qualified Stock Options financial
"shares of common stock withheld to pay taxes upon vesting of Non-Qualified Stock Options granted to the Reporting Person"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
sell-to-cover transaction financial
"determined based on the actual sale price of shares sold on June 9, 2026 pursuant to a sell-to-cover transaction"
A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.
RSUs financial
"Includes unvested RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Waystar (WAY) disclose for Melissa Miller?
Waystar disclosed that Chief Marketing Officer Melissa F. (Missy) Miller had 2,887 common shares withheld to pay taxes upon vesting of Non-Qualified Stock Options. This was recorded as a tax-withholding disposition rather than an open-market purchase or sale.
What triggered the tax-withholding disposition reported for Waystar (WAY)?
The disposition was triggered by the vesting of Non-Qualified Stock Options granted on June 6, 2024. When those options vested, Waystar withheld 2,887 common shares to cover related tax obligations, using the actual sale price from a same-day sell-to-cover transaction as the valuation basis.
Does the Waystar (WAY) Form 4 mention unvested RSUs for Melissa Miller?
Yes, a footnote states that her reported holdings include unvested restricted stock units (RSUs). This indicates part of the 252,077 reported shares represent equity awards that have not yet fully vested but are counted in her beneficial ownership total.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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