Waystar (WAY) Chief People Officer granted 61,703 RSUs in new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wittman Kimberly S. reported acquisition or exercise transactions in this Form 4 filing.
Waystar Holding Corp. reported that Chief People Officer Kimberly S. Wittman received an equity grant in the form of restricted stock units. She was awarded 61,703 shares of Common Stock at no cost as a grant, increasing her direct holdings to 272,964 shares, including unvested RSUs. The RSU award vests in four equal annual installments through March 1, 2030, with each unit representing the right to receive one share of common stock upon settlement. This is a compensation-related grant rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wittman Kimberly S.
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61,703 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 272,964 shares (Direct)
Footnotes (1)
- Reflects a grant of restricted stock units ("RSUs") which vests in four equal annual installments from the initial grant date through March 1, 2030. Each RSU represents a contingent right to receive one share of common stock, $0.01 par value per share (the "Common Stock") upon settlement. Includes unvested RSUs.
FAQ
What did Waystar (WAY) disclose about Kimberly S. Wittman’s recent equity grant?
Waystar disclosed that Chief People Officer Kimberly S. Wittman received 61,703 restricted stock units. These RSUs are a compensation grant, cost her no cash, and will convert into common shares over time as they vest through March 1, 2030.
How do Kimberly S. Wittman’s Waystar (WAY) RSUs vest over time?
The 61,703 restricted stock units vest in four equal annual installments through March 1, 2030. Each installment that vests gives her the right to receive one share of Waystar common stock, aligning her compensation with the company’s long-term performance.
What does each restricted stock unit represent for Waystar (WAY) executives like Kimberly S. Wittman?
Each restricted stock unit represents a contingent right to receive one Waystar common share. The units carry vesting conditions and convert into common stock only when those conditions are met, creating long-term ownership incentives for the executive.