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sellModerate cluster of 4

Bain Capital Investors LLC sold $218M of WAY

owner at Waystar Holding Corp.. 5,652,689 shares at an average of $38.60, traded Feb 24, 2025, filed Feb 26, 2025.

Warning score
57
Value
$218M
5,652,689 shares
Holdings after
22,327,728
-20% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    10% owner
    +12
  • Trade size
    $218.2M at market
    +25
  • Share of holdings sold
    Sold 20% of holdings
    +5
  • Cluster
    4 insiders selling within 14 days
    +15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

WAYOct 9, 2026 · close 26.68
Since filing Feb 26, 2025: -37.0%SPY +33.5% · excess -70.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000950170-25-028174, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 24, 2025SOpen-market sale
Common Stock, par value $0.01 per shareindirect: See Footnote
-5,652,689$38.60$218M22,327,728Feb 26, 2025
Feb 24, 2025JOther
Common Stock, par value $0.01 per shareindirect: See Footnote
-573,192--21,754,536Feb 26, 2025

Related signals

Other insiders at Waystar Holding Corp. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
15Weak
WAYsell10b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$2.2M
82,500 shares
-4%
15Weak
WAYsell10b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$2.1M
82,500 shares
-4%
23Weak
WAYsell 210b5-1
Waystar Holding Corp.
T. Craig Bridge
Chief Transformation Officer
$649k
15,946 shares
-2%
8Weak
WAYsell 210b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$110k
2,704 shares
-0%
43Moderate
WAYsell 2
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$2.4M
59,836 shares
-7%
70Notable
WAYsell 4
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$13M
340,164 shares
-433%
57Moderate
WAYsell 4
Waystar Holding Corp.
Bain Capital Investors LLC
owner
$130M
3,464,090 shares
-16%
57Moderate
WAYsell 4
Waystar Holding Corp.
Canada Pension Plan Investment Board
owner
$177M
4,728,061 shares
-16%
57Moderate
WAYsell 4
Waystar Holding Corp.
Derby LuxCo S.a r.l.
owner
$231M
6,182,849 shares
-16%
30Weak
WAYsell 410b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$1.8M
46,667 shares
-6%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Bain Capital Investors LLC sold $218M of WAY | InsiderTell