Waystar (WAY) CPTO Amit Khanna Receives RSU Award

What Happened

• Amit Khanna, Waystar's Chief Product & Technology Officer, received a grant of 390,625 restricted stock units (RSUs) on August 17, 2026. The reported acquisition price is $0.00 (an award/grant), so no cash was paid by the insider. Each RSU represents a contingent right to one share of common stock upon settlement.

Key Details

• Transaction date: August 17, 2026; Form 4 filed September 8, 2026 (filed 22 days after the grant).
• Grant size: 390,625 RSUs; reported price: $0.00 (award/grant).
• Vesting: Per the filing, 6.25% of the RSUs vest quarterly during the first 12 months after the grant, and 25% of the RSUs vest on each August 17 thereafter through August 17, 2030. Each RSU converts to one share upon settlement (per footnote).
• Ownership note: Filing indicates these are unvested RSUs (included in beneficial ownership). The extract provided does not state total shares owned following the transaction.
• Timeliness: The Form 4 was filed more than two business days after the grant date (appears late); late filings can draw regulatory attention but do not, by themselves, indicate anything about the grant's substance.

Context

• This is a compensatory equity award (not a market purchase or sale) typically used to align executive incentives with long-term shareholder value. Such grants do not reflect an immediate bullish or bearish trade by the insider because the shares are subject to vesting and settlement conditions.