Waystar (WAY) CEO Matthew J. Hawkins Receives 908,265 RSUs

What Happened Matthew J. Hawkins, CEO of Waystar Holding Corp. (WAY), received a grant of 908,265 restricted stock units (RSUs) on 2026-08-01. The RSUs were granted at $0.00 (no cash paid); each RSU is a contingent right to one share of common stock upon settlement. The award vests in three equal annual installments (302,755 RSUs vest each year).

This is an equity compensation award (transaction code A), not an open-market purchase or sale, so it reflects company compensation decisions rather than an immediate insider bet on the stock.

Key Details

• Transaction date: 2026-08-01; filing submitted 2026-08-03 (timely Form 4 filing).
• Amount: 908,265 RSUs granted at $0.00 per RSU (no cash consideration).
• Vesting: Three equal annual installments — 302,755 RSUs vest each year from the grant date (per footnote).
• Shares owned following the transaction: not specified in the filing.
• Footnotes: F1 — RSUs vest in three equal annual installments and convert to common stock upon settlement; F2 — filing notes inclusion of unvested RSUs.
• Filing timeliness: Filed within the normal Form 4 window (no late filing indicated).

Context

• RSUs are compensation: they give the holder a future right to receive shares if vesting conditions are met. They are typically taxed as ordinary income when settled and do not represent an immediate sale or purchase.
• For retail investors, awards show how executives are paid and potential future share dilution when RSUs settle, but they are not the same as an insider buying shares on market.