Waystar (WAY) awards 9,303 RSUs to director Priscilla Hung as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Waystar Holding Corp. reported that director Priscilla Hung received a grant of 9,303 restricted stock units (RSUs) of common stock at no cash cost. These RSUs vest on the earlier of June 1, 2027 or the first regularly scheduled annual stockholder meeting following the grant date. Each RSU converts into one share of common stock upon settlement. After this award, Hung directly holds 23,132 shares of common stock, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hung Priscilla
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,303 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,132 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
RSUs granted: 9,303 units
Grant price per RSU: $0.00
Shares after transaction: 23,132 shares
+1 more
4 metrics
RSUs granted
9,303 units
Restricted stock unit award to director Priscilla Hung
Grant price per RSU
$0.00
Compensation grant, not open-market purchase
Shares after transaction
23,132 shares
Total direct holdings including unvested RSUs after grant
RSU vesting date
June 1, 2027
Vests on this date or earlier at first annual stockholder meeting
Key Terms
restricted stock units ("RSUs"), contingent right, unvested RSUs
3 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") which vest on the earlier of (i) June 1, 2027..."
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 upon settlement."
unvested RSUs financial
"Includes unvested RSUs."
FAQ
What insider transaction did Waystar (WAY) disclose for Priscilla Hung?
Waystar disclosed that director Priscilla Hung received a grant of 9,303 restricted stock units. These RSUs are a stock-based compensation award and will convert into common shares when they vest and are settled, increasing her equity stake in the company.
At what price were the Waystar (WAY) RSUs granted to Priscilla Hung?
The 9,303 restricted stock units granted to Priscilla Hung have a stated price per unit of $0.00. This reflects that the award is compensation, not an open-market purchase, and she does not pay cash to acquire the units when they are granted.
When do Priscilla Hung’s Waystar (WAY) RSUs vest?
Priscilla Hung’s 9,303 RSUs vest on the earlier of June 1, 2027 or the first regularly scheduled annual meeting of stockholders after the grant. Vesting must occur before the RSUs settle and convert into common shares in her name.
Is Priscilla Hung’s Waystar (WAY) RSU award a market purchase or sale?
The RSU award to Priscilla Hung is not a market purchase or sale. It is a stock-based compensation grant classified as an acquisition under transaction code “A,” with no cash paid per unit and future vesting requirements before settlement.