STOCK TITAN

Waystar (WAY) director Robert DeMichiei receives grant of 9,303 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DeMichiei Robert

(Last)(First)(Middle)
1550 DIGITAL DRIVE, #300

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Waystar Holding Corp. [ WAY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026A9,303(1)A$046,199(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Includes unvested RSUs.
Remarks:
/s/ Gregory R. Packer, as Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Waystar (WAY) shares did Robert DeMichiei acquire in this transaction?

Robert DeMichiei acquired 9,303 restricted stock units, each tied to one Waystar common share upon settlement. This equity award is compensation-related rather than an open-market purchase and was reported as a grant or award acquisition on the Form 4.

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.

Did Robert DeMichiei buy or sell Waystar (WAY) shares on the market in this filing?

No open-market buy or sell occurred. The Form 4 shows a grant of 9,303 restricted stock units as compensation, with a reported price per share of $0.00, rather than a market transaction involving cash consideration.

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.