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sellWeak cluster of 1010b5-1 plan

Eric L. (Ric) Sinclair III sold $388k of WAY

Chief Business Officer at Waystar Holding Corp.. 9,702 shares at an average of $40.00, traded May 30, 2025, filed Jun 2, 2025.

Warning score
11
Value
$388k
9,702 shares
Holdings after
490,870
-2% from before
From 52-week low
+52%
low $26.39, close $39.98
From 52-week high
-12%
high $45.35, as of May 30, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $388k at market
    +16
  • Share of holdings sold
    Sold 1.9% of holdings
    0
  • Cluster
    10 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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.

This signal so far: 1m -2.8%, 3m -4.8%, 6m -8.6%.

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 12, 2026 · close 26.65
Since filing Jun 2, 2025: -33.0%SPY +33.5% · excess -66.4%

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 0001104659-25-055422, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 30, 2025MOption exercise
Common Stock10b5-1
+9,702$4.14$40k500,572Jun 2, 2025
May 30, 2025SOpen-market sale
Common Stock10b5-1
-9,702$40.00$388k490,870Jun 2, 2025
May 30, 2025MOption exercise
Stock Options (right to buy)derivative10b5-1
-9,702$0.00$0135,820Jun 2, 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%
15Weak
WAYsell10b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$2.1M
82,500 shares
-4%
15Weak
WAYsell10b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$1.6M
70,000 shares
-7%
43Moderate
WAYbuy
Waystar Holding Corp.
Heidi Miller
director
$189k
7,200 shares
-
5Weak
WAYsell10b5-1
Waystar Holding Corp.
Eric L. (Ric) Sinclair III
Chief Business Officer
$1.2M
40,225 shares
-8%
2Weak
WAYsell 210b5-1
Waystar Holding Corp.
Eric L. (Ric) Sinclair III
Chief Business Officer
$318k
9,701 shares
-2%
1Weak
WAYsell 210b5-1
Waystar Holding Corp.
Christopher L. Schremser
Chief Technology Officer
$262k
8,623 shares
-2%
0Weak
WAYsell 210b5-1
Waystar Holding Corp.
Melissa F. (Missy) Miller
Chief Marketing Officer
$126k
3,400 shares
-2%
10Weak
WAYsell 310b5-1
Waystar Holding Corp.
Eric L. (Ric) Sinclair III
Chief Business Officer
$342k
9,701 shares
-2%

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.

Eric L. (Ric) Sinclair III sold $388k of WAY | InsiderTell