Equity grant gives Waystar (NYSE: WAY) CMO 61,703 RSU shares

Rhea-AI Filing Summary

Waystar Holding Corp. reported that Chief Marketing Officer Melissa F. (Missy) Miller acquired 61,703 shares of common stock through a grant of restricted stock units. These RSUs vest in four equal annual installments from the initial grant date through March 1, 2030, with each RSU representing one share upon settlement. Following this equity award, she holds 254,964 shares of common stock directly, including unvested RSUs.

SEC Form 4

FORM 4

UNITED 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

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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^*

Miller Melissa F. (Missy)

(Last) (First) (Middle)

1550 DIGITAL DRIVE, #300

(Street)

LEHI UT 84043

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Waystar Holding Corp. [ WAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Marketing Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		A		61,703(1)	A	$0	254,964(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. Includes unvested RSUs.

Remarks:

	/s/ Gregory R. Packer, as Attorney-in-Fact	03/11/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Waystar (WAY) report for its CMO?

Waystar reported its Chief Marketing Officer Melissa F. (Missy) Miller received a grant of 61,703 restricted stock units. These RSUs convert into common stock upon settlement, representing a non-cash equity compensation award rather than an open-market share purchase or sale.

How many Waystar (WAY) shares did the CMO hold after this Form 4 grant?

After the grant, Chief Marketing Officer Melissa F. (Missy) Miller directly held 254,964 Waystar common shares. This figure includes unvested restricted stock units, reflecting her total direct equity-based interest reported as of the transaction date in the Form 4 filing.

What is the vesting schedule for the 61,703 Waystar (WAY) RSUs granted?

The 61,703 restricted stock units vest in four equal annual installments from the initial grant date through March 1, 2030. Each vesting date releases a quarter of the award, subject to the grant’s conditions, gradually delivering common stock over the multi-year period.

What does each Waystar (WAY) restricted stock unit represent in this grant?

Each restricted stock unit granted to the CMO represents a contingent right to receive one share of Waystar common stock upon settlement. The units have no exercise price and convert into shares as they vest and settle under the terms of the equity award.

Was the Waystar (WAY) CMO’s March 9, 2026 transaction a market purchase?

No, the March 9, 2026 transaction was not a market purchase. It was reported as a grant or award acquisition of 61,703 restricted stock units at a stated price of $0.0000 per share, indicating compensation rather than buying shares on the open market.