Welcome to our dedicated page for Waystar Holding SEC filings (Ticker: WAY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Waystar Holding Corp. (Nasdaq: WAY) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-powered tools to help interpret them. Waystar operates as a healthcare payment software and health information services company, and its filings offer detailed insight into its financial condition, capital structure, and significant corporate events.
Investors can review Form 8-K current reports in which Waystar discloses material events such as quarterly earnings announcements, amendments to its credit agreements, and the completion of acquisitions. For example, the company has filed 8-Ks describing results for specific fiscal quarters, the execution of amendments to its First Lien Credit Agreement, and the closing of the acquisition of Iodine Software, including information about consideration paid and related financing arrangements.
Waystar’s filings also address topics such as its status as an emerging growth company, underwritten secondary offerings by selling stockholders, and stockholder and lockup agreements associated with strategic transactions. These documents provide context on ownership dynamics, board composition changes, and registration rights for significant investors.
On this page, Stock Titan surfaces real-time updates from the SEC’s EDGAR system so that new Waystar filings appear promptly. AI-powered summaries help explain the key points of lengthy documents, highlighting items like revenue and earnings disclosures in earnings-related 8-Ks, terms of material definitive agreements, and details of merger and acquisition transactions. Users can quickly understand what each filing covers without reading every page.
In addition to 8-Ks, investors can use this page to locate Waystar’s periodic reports, such as annual reports on Form 10-K and quarterly reports on Form 10-Q, when available, as well as any proxy statements or registration statements referenced in the company’s disclosures. For those tracking governance and ownership, insider transaction reports on Form 4 can also be accessed to monitor equity activity by directors and officers.
By combining structured access to Waystar’s SEC filings with AI-generated explanations, this page is intended to make it easier to analyze complex regulatory documents, follow the company’s financing and M&A activity, and understand the legal and financial context behind its healthcare payment software business.
Oreskovich Steven M reported acquisition or exercise transactions in this Form 4 filing.
Waystar Holding Corp. Chief Financial Officer Steven M. Oreskovich received a grant of 82,271 shares of common stock in the form of restricted stock units (RSUs). These RSUs vest in four equal annual installments through March 1, 2030, with each RSU delivering one share of common stock upon settlement. After this grant, Oreskovich directly holds 436,783 shares of common stock, including unvested RSUs, reflecting a compensation-related equity award rather than an open-market purchase.
Hawkins Matthew J. reported acquisition or exercise transactions in this Form 4 filing.
Waystar Holding Corp. reported that Chief Executive Officer Matthew J. Hawkins received a grant of 257,096 restricted stock units (RSUs) of common stock. These RSUs vest in four equal annual installments from the grant date through March 1, 2030, encouraging long-term retention. Each RSU represents a contingent right to receive one share of common stock upon settlement. After this award, Hawkins beneficially owns 974,570 shares of common stock, including unvested RSUs, reflecting a significant equity-based compensation stake.
Waystar Holding Corp. director Heidi Miller reported an open-market purchase of 7,200 shares of Common Stock at a weighted average price of $26.248 per share. The purchase was made indirectly through family trusts, and her indirect ownership after the transaction is 7,200 shares.
Separately, Miller reported direct ownership of 31,614 shares of Common Stock, which includes unvested restricted stock units. This filing highlights both her new indirect investment via family trusts and her existing direct equity position in Waystar.
Waystar Holding Corp. files its annual report describing a fast-growing, AI-powered healthcare payments platform. The company’s cloud-based software helps over 30,000 clients, including 16 of the top 20 U.S. hospitals, streamline billing, reduce denials, and speed reimbursement.
Waystar processes more than 7.5 billion transactions annually representing over $2.4 trillion in gross claims and reports a 112.0% Net Revenue Retention Rate for 2025. Revenue is highly recurring, contracts typically run two to three years with automatic renewals, and over 99% of revenue is subscription or predictable volume-based.
The report highlights extensive AI and agentic AI capabilities, a modern multi-tenant cloud architecture, strong security certifications, and a diversified customer base where the top 10 clients contribute only 10.8% of 2025 revenue. Management outlines growth plans centered on land-and-expand with existing clients, adding new providers, deepening channel partnerships, ongoing product innovation, and selective acquisitions such as the 2025 purchase of Iodine Software.
Waystar Holding Corp. reported strong growth for Q4 and full-year 2025 and issued higher 2026 guidance. Q4 revenue was $303.5 million, up 24% year-over-year, with net income of $20.0 million and adjusted EBITDA of $129.1 million, a 42.5% margin.
For 2025, revenue reached $1,099.3 million, up 17%, with net income of $112.1 million and non-GAAP net income of $262.9 million. Cash flow from operations was $309.7 million and unlevered free cash flow was $364.9 million, underscoring strong cash generation.
The company ended the year with a net revenue retention rate of 112% and 1,391 clients generating over $100,000 in revenue. For 2026, Waystar guides to total revenue between $1.274 billion and $1.294 billion, adjusted EBITDA of $530–$540 million, and diluted non-GAAP EPS of $1.59–$1.68.
Waystar Holding Corp. reported that its Chief Business Officer, Eric (Ric) Sinclair III, has notified the company he will resign effective March 2, 2026 to take a position at another company. The company states his resignation is not due to any disagreement over operations, policies, or practices.
In connection with his departure, Mr. Sinclair will receive his 2025 annual bonus, which will be determined and paid under the company’s standard practices, and he will not receive any additional severance or separation-related benefits.
FMR LLC has filed a Schedule 13G reporting beneficial ownership of 13,949,108.96 shares of Waystar Holding Corp common stock, representing 7.3% of the class as of 12/31/2025. The filing lists FMR LLC as a Delaware parent holding company or control person.
Abigail P. Johnson is also reported as a beneficial owner of the same 13,949,108.96 shares with sole dispositive power and no voting power. The securities are certified as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of Waystar.
Waystar Holding Corp.'s Chief Business Officer, Eric L. (Ric) Sinclair III, reported multiple transactions in company stock on January 20, 2026. He exercised stock options covering 7,562 shares at $18.19 and 32,663 shares at $4.14, receiving the same number of common shares. He then sold 40,225 shares of common stock at a weighted average price of $30.0827, with individual sale prices ranging from $30.00 to $30.23. Following these trades, he held 474,826 shares of common stock, which includes unvested restricted stock units. After the option exercises, he also held 173,938 and 6,141 stock options in separate grants. The filing notes that these transactions occurred automatically under a Rule 10b5-1(c) trading plan adopted on August 24, 2025.
WAY insider Eric L. Sinclair III has filed a notice to sell up to 40,225 shares of common stock through Morgan Stanley Smith Barney, with an indicated aggregate market value of $1,217,610.75. The shares relate to a same-day exercise of stock options on 01/20/2026, paid in cash, and are listed for sale on NASDAQ. The notice also reports that 191,316,583 shares of common stock were outstanding. Over the prior three months, the same seller completed two Rule 10b5-1 plan sales of 9,701 shares each, for gross proceeds of $318,395.55 and $342,181.43, respectively. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.
Waystar Holding Corp. (WAY) filed a Form 4 showing its Chief Marketing Officer exercising stock options and selling the resulting shares. On 11/25/2025, the officer exercised 3,400 stock options at an exercise price of $18.19 per share, acquiring the same number of common shares. On the same day, those 3,400 common shares were sold at a price of $37 per share. After these transactions, the officer beneficially owned 193,261 shares of common stock, which includes unvested restricted stock units. The remaining stock option position was 28,750 options following the reported activity. These trades occurred automatically under a Rule 10b5-1(c) trading plan adopted on November 20, 2024.