Skip to content
sellWeak cluster of 910b5-1 plan

Matthew J. Hawkins sold $952k of WAY

Chief Executive Officer at Waystar Holding Corp.. 25,000 shares at an average of $38.08, traded Sep 22, 2025, filed Sep 24, 2025.

Warning score
29
Value
$952k
25,000 shares
Holdings after
717,474
-3% from before
From 52-week low
+41%
low $26.80, close $37.70
From 52-week high
-17%
high $45.35, as of Sep 22, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $952k at market
    +24
  • Share of holdings sold
    Sold 3.4% of holdings
    0
  • Cluster
    9 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.

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 Sep 24, 2025: -28.0%SPY +19.0% · excess -47.0%

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 0001998256-25-000007, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jun 6, 2025FTax withholding
Common Stock10b5-1
-46,657$40.55$1.9M717,474Sep 24, 2025
Sep 22, 2025MOption exercise
Common Stock10b5-1
+12,200$4.14$51k729,674Sep 24, 2025
Sep 22, 2025SOpen-market sale
Common Stock10b5-1
-12,200$38.08$465k717,474Sep 24, 2025
Sep 23, 2025MOption exercise
Common Stock10b5-1
+12,800$4.14$53k730,274Sep 24, 2025
Sep 23, 2025SOpen-market sale
Common Stock10b5-1
-12,800$38.08$487k717,474Sep 24, 2025
Sep 22, 2025MOption exercise
Stock Options (right to buy)derivative10b5-1
-12,200$0.00$01,277,545Sep 24, 2025
Sep 23, 2025MOption exercise
Stock Options (right to buy)derivative10b5-1
-12,800$0.00$01,264,745Sep 24, 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%
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%
2Weak
WAYsell 210b5-1
Waystar Holding Corp.
Christopher L. Schremser
Chief Technology Officer
$311k
8,623 shares
-2%
10Weak
WAYsell 310b5-1
Waystar Holding Corp.
Eric L. (Ric) Sinclair III
Chief Business Officer
$358k
9,701 shares
-2%
5Weak
WAYsell 310b5-1
Waystar Holding Corp.
Matthew J. Hawkins
Chief Executive Officer
$7,600
200 shares
-0%
9Weak
WAYsell 310b5-1
Waystar Holding Corp.
Christopher L. Schremser
Chief Technology Officer
$312k
8,623 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.

Matthew J. Hawkins sold $952k of WAY | InsiderTell