[Form 4] Waystar Holding Corp. Insider Trading Activity
Waystar Holding Corp. insider transactions by Chief Business Officer Eric L. Sinclair III. The reporting person acquired 9,701 shares by exercising options at an exercise price of $4.14 and immediately acquired an equal number of underlying shares. The report also shows sale of 9,701 shares of common stock at a weighted-average price of $37.6343, executed across multiple transactions in a price range of $37.24 to $38.14. Following these transactions the reporting person beneficially owned 484,527 shares before the sale and 474,826 shares after. Some holdings include unvested RSUs and the option grants are currently vested. The acquisitions occurred pursuant to an internal plan intended to satisfy Rule 10b5-1(c) conditions.
Operazioni di insider di Waystar Holding Corp. da parte del Chief Business Officer Eric L. Sinclair III. Il soggetto indicato ha acquistato 9.701 azioni esercitando opzioni al prezzo di esercizio di $4,14 e ha immediatamente acquisito un numero analogo di azioni di base. Il rapporto segnala anche la vendita di 9.701 azioni ordinarie a un prezzo medio ponderato di $37,6343, eseguita in diverse transazioni in un intervallo di prezzo da $37,24 a $38,14. Dopo tali operazioni, il soggetto deteneva efficacemente 484.527 azioni prima della vendita e 474.826 azioni dopo. Alcune partecipazioni includono RSU non vestite e le assegnazioni di opzioni sono attualmente vestite. Le acquisizioni sono avvenute ai sensi di un piano interno volto a soddisfare le condizioni della Rule 10b5-1(c).
Transacciones internas de Waystar Holding Corp. por parte del Director de Negocios Eric L. Sinclair III. La persona reportante adquirió 9.701 acciones al ejercer opciones con un precio de ejercicio de $4,14 y de inmediato obtuvo la misma cantidad de acciones subyacentes. El informe también indica la venta de 9.701 acciones comunes a un precio medio ponderado de $37,6343, ejecutada en varias operaciones dentro de un rango de precios de $37,24 a $38,14. Tras estas operaciones, la persona reportante poseía de manera beneficiosa 484.527 acciones antes de la venta y 474.826 después. Algunas participaciones incluyen RSUs no vestidas y las concesiones de opciones están actualmente vestidas. Las adquisiciones se realizaron conforme a un plan interno destinado a satisfacer las condiciones de la Regla 10b5-1(c).
Waystar Holding Corp.의 내부자 거래 보고: Chief Business Officer Eric L. Sinclair III의 거래. 공보고 대상자는 9,701주를 행사 가격 $4.14로 옵션을 행사해 취득하고 즉시 동일 수의 기초주를 취득했습니다. 보고서에는 또한 가중평균가 $37.6343로 다수의 거래에서 9,701주가 매각되었음이 표시되며, 매매가의 범위는 $37.24~$38.14입니다. 이 거래 후 보고대상자는 매도 전 484,527주, 매도 후 474,826주를 유익하게 보유했습니다. 일부 보유 주식은 아직 vesting되지 않은 RSU를 포함하고 있으며 옵션 부여는 현재 vest되었습니다. 이러한 취득은 Rule 10b5-1(c) 조건을 충족하기 위한 내부 계획에 따라 이루어졌습니다.
Transactions d'initié de Waystar Holding Corp. par le directeur des affaires Eric L. Sinclair III. La personne déclarant a acquis 9 701 actions en exerçant des options à un prix d'exercice de $4.14 et a immédiatement obtenu le même nombre d'actions sous-jacentes. Le rapport montre également la vente de 9 701 actions ordinaires à un prix moyen pondéré de $37,6343, réalisée au cours de plusieurs opérations dans une fourchette de prix de $37,24 à $38,14. Après ces transactions, la personne déclarant détenait avantageusement 484 527 actions avant la vente et 474 826 après. Certaines participations incluent des RSU non acquis et les attributions d'options sont actuellement acquises. Les acquisitions ont été effectuées dans le cadre d'un plan interne visant à satisfaire les conditions de la règle 10b5-1(c).
Insiderengänge bei Waystar Holding Corp. durch Chief Business Officer Eric L. Sinclair III. Die meldende Person erwarb 9.701 Aktien durch Ausübung von Optionen zum Ausübungspreis von $4,14 und erwarb sofort eine gleich hohe Anzahl zugrunde liegender Aktien. Der Bericht zeigt zudem den Verkauf von 9.701 Aktien der Stammaktione nzu einem gewichteten Durchschnittspreis von $37,6343, der über mehrere Transaktionen in einer Preisspanne von $37,24 bis $38,14 erfolgt ist. Nach diesen Transaktionen hielt die meldende Person vorteilhaft 484.527 Aktien vor dem Verkauf und 474.826 Aktien danach. Einige Bestände umfassen noch nicht vestete RSUs und die Optionszuteilungen sind derzeit vestet. Die Akquisitionen erfolgten gemäß einem internen Plan, der darauf abzielt, die Bedingungen der Rule 10b5-1(c) zu erfüllen.
صفقات داخلية لشركة Waystar Holding Corp. من قبل مدير الأعمال التنفيذي إريك ل. سينكلير III. قام الشخص المبلغ عنهم بشراء 9,701 سهمًا من خلال ممارسة خيارات بسعر تمارين قدره $4.14 وأُتيحت له فورًا عدد مماثل من الأسهم الأساسية. كما يظهر التقرير بيع 9,701 سهمًا من الأسهم العادية بسعر متوسط مرجح قدره $37.6343، نفذ عبر عدة معاملات ضمن نطاق سعر يتراوح بين $37.24 إلى $38.14. عقب هذه المعاملات امتلك الشخص المبلغ عنه فعليًا 484,527 سهمًا قبل البيع و 474,826 سهمًا بعده. بعض الحيازات تشمل RSUs غير vesting وحقوق الخيار الممنوحة محالة vest حالياً. وقعت acquisitions وفق خطة داخلية تهدف إلى تلبية شروط قاعدة 10b5-1(c).
Waystar Holding Corp. 内部人交易,涉事人为首席业务官 Eric L. Sinclair III。 报告人通过执行价格为 $4.14 的期权,购买了 9,701 股,并立即获得同等数量的基础股。报告还显示以加权平均价 $37.6343 出售了 9,701 股普通股,交易分多笔完成,价格区间为 $37.24 至 $38.14。交易后,报告人实际持有 484,527 股在售前,474,826 股在售后。部分持股包含尚未归属的 RSU,且期权授予目前已归属。此次增持/买卖是根据内部计划进行,旨在满足 Rule 10b5-1(c) 的条件。
- Exercise of vested options at a low exercise price ($4.14) demonstrates realized gain potential when sold at market prices
- Use of a Rule 10b5-1 plan provides procedural transparency and an affirmative defense for scheduled trades
- Reduction in direct beneficial ownership by 9,701 shares after the sale, which slightly decreases insider stake
- Sale executed across multiple prices may indicate partial liquidation rather than a single strategic transfer
Insights
TL;DR: Insider exercised low-cost options and sold the same number of shares at a much higher market price under a Rule 10b5-1 plan; routine liquidity action, not necessarily signal of company fundamentals.
The reporting shows an exercise of 9,701 options at $4.14 and contemporaneous sale of 9,701 shares at a weighted-average of $37.6343, with sales executed across a disclosed range. The transactions reduced the reporting person's direct beneficial ownership by 9,701 shares. The report references unvested RSUs as part of total beneficial holdings and indicates the exercise and sale occurred under an established plan intended to satisfy affirmative defense requirements of Rule 10b5-1(c).
TL;DR: Insider used a pre-arranged trading plan to exercise vested options and sell shares; disclosure aligns with Section 16 reporting and Rule 10b5-1 mechanics.
The Form 4 discloses that the reporting person is an officer (Chief Business Officer) and that the transactions were automatic pursuant to a plan adopted earlier this year to satisfy Rule 10b5-1(c). The report also clarifies that options exercised were vested and that some beneficial holdings include unvested restricted stock units. The form includes the attorney-in-fact signature, consistent with delegation for filing.
Operazioni di insider di Waystar Holding Corp. da parte del Chief Business Officer Eric L. Sinclair III. Il soggetto indicato ha acquistato 9.701 azioni esercitando opzioni al prezzo di esercizio di $4,14 e ha immediatamente acquisito un numero analogo di azioni di base. Il rapporto segnala anche la vendita di 9.701 azioni ordinarie a un prezzo medio ponderato di $37,6343, eseguita in diverse transazioni in un intervallo di prezzo da $37,24 a $38,14. Dopo tali operazioni, il soggetto deteneva efficacemente 484.527 azioni prima della vendita e 474.826 azioni dopo. Alcune partecipazioni includono RSU non vestite e le assegnazioni di opzioni sono attualmente vestite. Le acquisizioni sono avvenute ai sensi di un piano interno volto a soddisfare le condizioni della Rule 10b5-1(c).
Transacciones internas de Waystar Holding Corp. por parte del Director de Negocios Eric L. Sinclair III. La persona reportante adquirió 9.701 acciones al ejercer opciones con un precio de ejercicio de $4,14 y de inmediato obtuvo la misma cantidad de acciones subyacentes. El informe también indica la venta de 9.701 acciones comunes a un precio medio ponderado de $37,6343, ejecutada en varias operaciones dentro de un rango de precios de $37,24 a $38,14. Tras estas operaciones, la persona reportante poseía de manera beneficiosa 484.527 acciones antes de la venta y 474.826 después. Algunas participaciones incluyen RSUs no vestidas y las concesiones de opciones están actualmente vestidas. Las adquisiciones se realizaron conforme a un plan interno destinado a satisfacer las condiciones de la Regla 10b5-1(c).
Waystar Holding Corp.의 내부자 거래 보고: Chief Business Officer Eric L. Sinclair III의 거래. 공보고 대상자는 9,701주를 행사 가격 $4.14로 옵션을 행사해 취득하고 즉시 동일 수의 기초주를 취득했습니다. 보고서에는 또한 가중평균가 $37.6343로 다수의 거래에서 9,701주가 매각되었음이 표시되며, 매매가의 범위는 $37.24~$38.14입니다. 이 거래 후 보고대상자는 매도 전 484,527주, 매도 후 474,826주를 유익하게 보유했습니다. 일부 보유 주식은 아직 vesting되지 않은 RSU를 포함하고 있으며 옵션 부여는 현재 vest되었습니다. 이러한 취득은 Rule 10b5-1(c) 조건을 충족하기 위한 내부 계획에 따라 이루어졌습니다.
Transactions d'initié de Waystar Holding Corp. par le directeur des affaires Eric L. Sinclair III. La personne déclarant a acquis 9 701 actions en exerçant des options à un prix d'exercice de $4.14 et a immédiatement obtenu le même nombre d'actions sous-jacentes. Le rapport montre également la vente de 9 701 actions ordinaires à un prix moyen pondéré de $37,6343, réalisée au cours de plusieurs opérations dans une fourchette de prix de $37,24 à $38,14. Après ces transactions, la personne déclarant détenait avantageusement 484 527 actions avant la vente et 474 826 après. Certaines participations incluent des RSU non acquis et les attributions d'options sont actuellement acquises. Les acquisitions ont été effectuées dans le cadre d'un plan interne visant à satisfaire les conditions de la règle 10b5-1(c).
Insiderengänge bei Waystar Holding Corp. durch Chief Business Officer Eric L. Sinclair III. Die meldende Person erwarb 9.701 Aktien durch Ausübung von Optionen zum Ausübungspreis von $4,14 und erwarb sofort eine gleich hohe Anzahl zugrunde liegender Aktien. Der Bericht zeigt zudem den Verkauf von 9.701 Aktien der Stammaktione nzu einem gewichteten Durchschnittspreis von $37,6343, der über mehrere Transaktionen in einer Preisspanne von $37,24 bis $38,14 erfolgt ist. Nach diesen Transaktionen hielt die meldende Person vorteilhaft 484.527 Aktien vor dem Verkauf und 474.826 Aktien danach. Einige Bestände umfassen noch nicht vestete RSUs und die Optionszuteilungen sind derzeit vestet. Die Akquisitionen erfolgten gemäß einem internen Plan, der darauf abzielt, die Bedingungen der Rule 10b5-1(c) zu erfüllen.