Quick Takeaways
- This page summarizes Paul G. Moskowitz's Form 4 filing for Waystar Holding Corp. (WAY).
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 16 Sep 2025, 16:30.
Paul G. Moskowitz - 12 Sep 2025 Form 4 Insider Report for Waystar Holding Corp. (WAY)
- Role
- Director, 10%+ Owner
- Signature
- /s/ Paul Moskowitz
- Issuer symbol
- WAY
- Transactions as of
- 12 Sep 2025
- Net transactions value
- -$168,412,400
- Form type
- 4
- Filing time
- 16 Sep 2025, 16:30:10 UTC
- Previous filing
- 20 May 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Paul G. Moskowitz filed Form 4 for Waystar Holding Corp. (WAY) on 16 Sep 2025."
What Changed
- Previous filing in this sequence was filed on 20 May 2025.
- Current net transaction value: -$168,412,400.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Reporting Owners (1)
| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Moskowitz Paul G | Director, 10%+ Owner | C/O BAIN CAPITAL PRIVATE EQUITY, LP, 200 CLARENDON STREET, BOSTON | /s/ Paul Moskowitz | 16 Sep 2025 | 0001997404 |
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WAY | Common Stock, par value $0.01 per share | Sale | $168,412,400 | -4,295,139 | -24% | $39.21 | 13,759,910 | 12 Sep 2025 | See Footnote | F1, F2, F3 |
| transaction | WAY | Common Stock, par value $0.01 per share | Other | -516,371 | -3.8% | 13,243,539 | 12 Sep 2025 | See Footnote | F1, F2, F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Represents shares held by BCPE Derby Investor, LP ("Derby Investor") and BCPE Derby (DE) SPV, LP ("Derby SPV Investor"). Bain Capital Investors, LLC ("BCI") is the manager of Bain Capital Partners XI, L.P. ("Partners XI"), which is the general partner of Bain Capital Fund XI, L.P. ("Fund XI"). Fund XI is the (i) sole member of BCPE Derby GP, LLC ("Derby GP"), which is the general partner of Derby Investor and (ii) sole member of BCPE Derby (DE) SPV, LLC ("Derby SPV GP" and, together with BCI, Partners XI, Fund XI, Derby GP, Derby Investor and Derby SPV Investor, the "Bain Capital Entities"), which is the general partner of Derby SPV Investor. |
| F2 | (Continued from footnote 1) Paul G Moskowitz, a member of the board of directors of Waystar Holding Corp. (the "Issuer"), is a Partner of BCI. By virtue of the relationships described in this footnote, Mr. Moskowitz may be deemed to share voting and dispositive power with respect to the shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), held by the Bain Capital Entities. Mr. Moskowitz disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| F3 | Pursuant to a registered public offering that closed on September 12, 2025, 298,303 shares of Common Stock were sold by Derby Investor and 3,996,836 shares of Common Stock were sold by Derby SPV Investor at a price of $39.21 (net of underwriting discount). |
| F4 | On September 12, 2025, Derby Investor distributed 397,013 shares of Common Stock and Derby SPV Investor distributed 119,358 shares of Common Stock to one or more of their respective members or partners in connection with certain charitable gifts made by such members or partners or their direct or indirect owners. Such shares of Common Stock are subject to lock-up agreements that, subject to certain exceptions, restrict the sale of such shares until November 11, 2025 except with the prior written consent of J.P. Morgan Securities LLC. |