Matthew J. Hawkins - 09 May 2025 Form 4 Insider Report for Waystar Holding Corp. (WAY)

Role: Chief Executive Officer, Director
Signature: /s/ Gregory R. Packer, as Attorney-in-Fact
Issuer symbol: WAY
Transactions as of: 09 May 2025
Net transactions value: $0
Form type: 4
Filing time: 12 May 2025, 08:37:21 UTC
Previous filing: 14 Apr 2025
Next filing: 14 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hawkins Matthew J.	Chief Executive Officer, Director	1550 DIGITAL DRIVE, #300, LEHI	/s/ Gregory R. Packer, as Attorney-in-Fact	12 May 2025	0001998256

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WAY	Common Stock	Award	$0	+264,131	+53%	$0.000000	764,131	09 May 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	WAY	Stock Options (right to buy)						1,719,548	09 May 2025	Common Stock	1,719,548	$4.14	Direct	F3, F4
holding	WAY	Stock Options (right to buy)						500,000	09 May 2025	Common Stock	500,000	$4.14	By 2024 grantor retained annuity trust	F3, F4
holding	WAY	Stock Options (right to buy)						250,000	09 May 2025	Common Stock	250,000	$4.14	By 2025 grantor retained annuity trust	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects a grant of restricted stock units ("RSUs") which vest over 4 years, with 40% vesting in year 3 and 60% vesting in year 4. Each RSU represents a contingent right to receive one share of common stock, $0.01 par value per share (the "Common Stock") upon settlement.
F2	Includes unvested RSUs.
F3	These options are currently vested.
F4	On July 18, 2024 and April 28, 2025, the Reporting Person contributed 500,000 stock options and 250,000 stock options, respectively, to grantor retained annuity trusts for which the Reporting Person acts as the trustee and is the sole annuitant. While such contributions did not result in a change of beneficial ownership, these holdings are reflected separately to note indirect ownership via such trusts.