other material
confidence high
sentiment positive
materiality 0.60
Waystar grants CEO Matt Hawkins 396,197 PSUs; plans board expansion to 12 directors
Waystar Holding Corp.
- CEO Hawkins receives 396,197 PSUs with TSR-based vesting over 4 years (2025–2029), up to 200% of target.
- Peer group is S&P SmallCap 600 Info Tech index; no vesting if relative TSR below 30th percentile.
- Company to amend charter to remove board size cap; board to expand from 10 to 12 directors.
- Aashima Gupta (Google Cloud Healthcare Director) and Michael Roman (former 3M CEO) to join as independent directors.
- Gupta to serve on Audit & Risk; Roman on Audit & Risk and Nominating Committee.