Waystar (WAY) director Heidi Miller receives 9,303 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MILLER HEIDI reported acquisition or exercise transactions in this Form 4 filing.
Waystar Holding Corp. director Heidi Miller received a grant of 9,303 shares of Common Stock in the form of restricted stock units at a price of $0.00 per share. These RSUs vest on the earlier of June 1, 2027 or the first regularly scheduled annual stockholder meeting following the grant date. After this award, Miller holds 40,917 shares of Common Stock directly, including unvested RSUs, giving her a larger equity stake aligned with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MILLER HEIDI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,303 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,917 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
RSU grant size: 9,303 shares
Grant price: $0.00 per share
Post-grant holdings: 40,917 shares
+1 more
4 metrics
RSU grant size
9,303 shares
Restricted stock units of Common Stock granted to director
Grant price
$0.00 per share
RSU award recorded at zero purchase price
Post-grant holdings
40,917 shares
Total Common Stock held directly after transaction, includes unvested RSUs
Vesting date
June 1, 2027
Latest possible vesting date for RSUs, or earlier annual meeting
Key Terms
restricted stock units ("RSUs"), contingent right, Common Stock
3 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") which vest on the earlier of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
Common Stock financial
"Each RSU represents a contingent right to receive one share of Common Stock upon settlement."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Waystar (WAY) disclose for director Heidi Miller?
Waystar disclosed that director Heidi Miller received a grant of 9,303 restricted stock units of Common Stock at $0.00 per share. This is a stock-based award, not an open-market purchase or sale, increasing her equity exposure to the company.
When do Heidi Miller’s new Waystar (WAY) RSUs vest?
The 9,303 restricted stock units vest on the earlier of June 1, 2027 or the first regularly scheduled annual meeting of stockholders after the grant date. Vesting must occur before the RSUs convert into actual shares of Common Stock.
Was Heidi Miller’s Waystar (WAY) RSU grant a market purchase?
No. The filing shows a transaction code "A" at $0.00 per share, indicating a grant or award rather than an open-market purchase. It is a compensation-related stock award, not a transaction executed on a stock exchange.
What does each Waystar (WAY) RSU granted to Heidi Miller represent?
Each restricted stock unit represents a contingent right to receive one share of Waystar Common Stock upon settlement after vesting. Until vesting and settlement, the RSUs are not actual shares and generally cannot be sold or transferred like regular stock.