Waystar CTO Schremser sells $349k in shares

Published 11/09/2025, 17:08
Waystar CTO Schremser sells $349k in shares

Waystar Holding Corp. (NASDAQ:WAY) Chief Technology Officer Christopher L. Schremser sold 8,623 shares of common stock on September 10, 2025, for approximately $349,157. The sales were executed at a weighted average price of $40.4914, with individual transactions ranging from $40.10 to $40.87. The stock, which has delivered an impressive 53% return over the past year according to InvestingPro, currently trades at $38.54 and appears overvalued based on InvestingPro’s Fair Value analysis.

According to a Form 4 filing with the Securities and Exchange Commission, Schremser also exercised options to acquire 8,623 shares of Waystar common stock at an exercise price of $4.14, totaling $35,699.

On June 6, 2025, Schremser disposed of 15,673 shares of common stock at a price of $40.55 per share to cover tax obligations, totaling $635,540.

Following these transactions, Schremser directly owns 422,371 shares of Waystar Holding Corp. common stock.

In other recent news, Waystar Holding Corp reported its second-quarter 2025 earnings, exceeding expectations with an earnings per share (EPS) of $0.36 and revenue of $271 million. The company noted a 15% increase in revenue compared to the previous year and has adjusted its full-year revenue guidance upwards. Additionally, Waystar has successfully repriced its first lien term loan, reducing the interest rate, and plans to add $250 million of incremental term loans. This financial maneuver is linked to the anticipated acquisition of Iodine Software. In another development, investment funds associated with EQT AB, Bain Capital, LP, and the Canada Pension Plan Investment Board plan to offer 18 million shares of Waystar’s common stock in a secondary offering. Waystar will not sell any shares or receive proceeds from this transaction. Meanwhile, Baird has initiated coverage of Waystar with an Outperform rating, setting a price target of $44.00, citing the company as a "high-quality business and FCF compounder." These developments highlight Waystar’s strategic financial activities and market positioning.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.