PACKER GREGORY R 4

What Happened

• Gregory R. Packer, Chief Legal Officer of Waystar Holding Corp. (WAY), received a grant of 65,817 restricted stock units (RSUs) on March 9, 2026. The RSUs were granted at $0.00 per unit (award), so the reported acquisition value is $0. This transaction is coded as an Award/Grant (A) on the Form 4.

Key Details

• Transaction date: 2026-03-09; Filing date: 2026-03-11 (filing appears timely).
• Grant amount: 65,817 RSUs; reported price: $0.00; reported cash value: $0.
• Shares owned after transaction: not specified in the summary provided; filing notes amounts include unvested RSUs (see footnote F2).
• Notable footnotes:
  • F1: RSUs vest in four equal annual installments from the initial grant date through March 1, 2030. Each RSU is a contingent right to receive one share of common stock upon settlement.
  • F2: The reported holdings include unvested RSUs.

Context

• RSU grants are a form of compensation that vest over time; they do not represent an immediate purchase or sale of shares. The economic value is generally realized when RSUs vest and are settled into shares (or otherwise settled per the plan). This grant is a routine equity award for an executive and should be viewed as compensation-related rather than a direct market buy or sell signal.