Schremser Christopher L. 4
4 · Waystar Holding Corp. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Waystar (WAY) CTO Christopher Schremser Withholds 14,751 Shares for Taxes
What Happened
- Christopher L. Schremser, Chief Technology Officer of Waystar Holding Corp. (WAY), had 14,751 shares of common stock disposed (withheld) on June 9, 2026 at $19.23 per share, totaling $283,662. This was a tax-withholding/sell-to-cover transaction tied to the vesting of non‑qualified stock options and not an open-market sale intended as an investment action.
Key Details
- Transaction date & price: June 9, 2026; 14,751 shares at $19.23 each; proceeds ~$283,662.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to satisfy tax obligations).
- Footnote: Shares were withheld to pay taxes on NQSOs granted June 6, 2024; the number withheld was determined by the actual sale price in a sell-to-cover on June 9, 2026.
- Footnote: Filing also references unvested RSUs (included in beneficial ownership disclosures).
- Shares owned after the transaction: Not specified in the filing.
- Filing timeliness: Reported on June 9, 2026 (period of report same day) — appears timely.
Context
- This was a routine tax-withholding (sell-to-cover) related to option vesting, effectively a disposition to satisfy tax obligations rather than a discretionary open-market sale. Such transactions are common following option vesting and don't necessarily signal insider sentiment about the company's stock.
Insider Transaction Report
Form 4
Schremser Christopher L.
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-06-09$19.23/sh−14,751$283,662→ 495,033 total
Footnotes (2)
- [F1]The transaction represents shares of common stock withheld to pay taxes upon vesting of Non-Qualified Stock Options granted to the Reporting Person on June 6, 2024. The number of shares withheld was determined based on the actual sale price of shares sold on June 9, 2026 pursuant to a sell-to-cover transaction.
- [F2]Includes unvested RSUs.
Signature
/s/ Gregory R. Packer, as Attorney-in-Fact|2026-06-09