Waystar CTO Schremser sells $297k in shares

Waystar Holding Corp. (NASDAQ:WAY) Chief Technology Officer Christopher L. Schremser sold 8,623 shares of common stock on August 11, 2025. The shares were sold at a weighted average price of $34.4882, for a total value of $297,391. The prices for the sale ranged from $34.28 to $34.80. The transaction occurred as the $6 billion market cap company maintains a "GREAT" financial health score according to InvestingPro analysis, with strong liquidity demonstrated by a 3.43 current ratio.

On the same day, Schremser also exercised options to purchase 8,623 shares of Waystar Holding Corp. common stock at an exercise price of $4.14, for a total value of $35,699.

Following these transactions, Schremser directly owns 438,044 shares of Waystar Holding Corp.

The option exercise and share sale were executed automatically under a Rule 10b5-1 trading plan adopted by Schremser on December 6, 2024.

In other recent news, Waystar reported its second-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.36 and revenue of $271 million. The company saw a 15% increase in revenue compared to the previous year and has revised its full-year revenue guidance upwards. In another development, Waystar announced a favorable repricing of its first lien term loan, reducing the interest rate to adjusted SOFR +2.00%, a 25-basis-point reduction. The company plans to add $250 million of incremental term loans under the same conditions to finance its acquisition of Iodine Software (ETR:SOWGn). This acquisition is part of Waystar’s strategic growth initiatives. Analyst reviews have not been mentioned in recent updates, leaving the focus on the company’s financial and strategic actions. These developments reflect Waystar’s ongoing efforts to strengthen its financial position and expand its business operations.

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