Waystar (WAY) director Robert DeMichiei receives grant of 9,303 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DeMichiei Robert reported acquisition or exercise transactions in this Form 4 filing.
Waystar Holding Corp. director Robert DeMichiei received an equity grant in the form of restricted stock units. The award covers 9,303 RSUs, each representing one share of common stock upon settlement, and was granted at no cash cost per share.
The RSUs vest on the earlier of June 1, 2027 or the first regularly scheduled annual stockholder meeting following the grant date. After this grant, DeMichiei directly holds 46,199 shares of common stock, a figure that includes unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeMichiei Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,303 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,199 shares (Direct, null)
Footnotes (1)
- Reflects a grant of restricted stock units ("RSUs") which vest on the earlier of (i) June 1, 2027 and (ii) the first regularly scheduled annual meeting of the stockholders following the grant date. Each RSU represents a contingent right to receive one share of Common Stock upon settlement. Includes unvested RSUs.
Key Figures
RSUs granted: 9,303 units
Grant price per share: $0.00 per share
Total shares after grant: 46,199 shares
+1 more
4 metrics
RSUs granted
9,303 units
Restricted stock units awarded to director on reported date
Grant price per share
$0.00 per share
Reported transaction price for RSU grant
Total shares after grant
46,199 shares
Director’s direct holdings following the transaction, including unvested RSUs
Vesting date
June 1, 2027
Latest vesting date, or earlier at first annual meeting
Key Terms
restricted stock units, RSUs, contingent right, unvested RSUs
4 terms
restricted stock units financial
"Reflects a grant of restricted stock units ("RSUs") which vest on the earlier of (i) June 1, 2027..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of Common Stock upon settlement."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock upon settlement."
unvested RSUs financial
"Includes unvested RSUs."
FAQ
What did Waystar (WAY) director Robert DeMichiei report in this Form 4?
Robert DeMichiei reported receiving a grant of 9,303 restricted stock units in Waystar common stock. The RSUs were granted at no cash cost and increase his direct holdings, including unvested RSUs, to 46,199 shares following the transaction.
When do Robert DeMichiei’s Waystar (WAY) RSUs from this grant vest?
The 9,303 restricted stock units vest on the earlier of June 1, 2027 or the first regularly scheduled annual meeting of Waystar stockholders after the grant date. Vesting must occur before the RSUs settle into common shares.
What are Robert DeMichiei’s total Waystar (WAY) holdings after this Form 4 grant?
After the reported grant, Robert DeMichiei directly holds 46,199 Waystar common shares, including unvested restricted stock units. This figure reflects his position immediately following the transaction disclosed in the Form 4 insider filing.
What does each restricted stock unit (RSU) for Waystar (WAY) represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of Waystar common stock upon settlement after vesting. The award structure ties future share delivery to meeting the vesting conditions described in the Form 4 footnotes.