DeMichiei Robert 4
Research Summary
AI-generated summary
Waystar (WAY) Director Robert DeMichiei Receives RSU Award
What Happened
- Robert DeMichiei, a director of Waystar Holding Corp. (WAY), received a grant of 9,303 restricted stock units (RSUs) on 2026-06-03. The filing reports the award at $0.00 per RSU (transaction code A), reflecting a compensation grant rather than a purchase. Each RSU represents a contingent right to one share of common stock upon settlement.
Key Details
- Transaction date: 2026-06-03; transaction code: A (award/grant).
- Award: 9,303 RSUs; price reported: $0.00; filing lists acquisition value as $0.
- Vesting (F1): RSUs vest on the earlier of (i) June 1, 2027 or (ii) the first regularly scheduled annual meeting of stockholders following the grant date.
- Holdings note (F2): The filing indicates the reported amount includes unvested RSUs.
- Filing timeliness: Reported and filed on 2026-06-03 (no late filing indicated).
Context
- RSUs are a form of equity compensation giving a contingent right to receive shares at settlement; they are not immediate share ownership and typically vest over time. Such awards are common for directors and are generally compensation-related rather than a direct signal of buying or selling by the insider. Tax withholding and settlement rules will apply when RSUs vest.