Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-07

Waystar Holding Corp. (WAY)

CEO Matthew Hawkins was paid $37,124,319 in fiscal year 2025, ↑ up 24.0% from fiscal year 2024, the 99th percentile of its disclosed peer group (SEC filing 0001990354-26-000013 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$37,124,319 ↑
Matthew Hawkins total, FY2025
99th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

WAY's next annual pay disclosure, estimated April 17, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Matthew Hawkins$830,000$0$35,001,350$0$1,228,350$0$64,619$37,124,319
Chief Executive Officer and Director
Eric Sinclair III463,750011,708,3920998,322061,33013,231,794
Chief Business Officer
Christopher Schremser463,75009,756,9990686,346065,53010,972,625
Chief Technology Officer
T. Craig Bridge463,75009,756,9990686,346044,23710,951,332
Chief Transformation Officer
Steven Oreskovich463,75007,805,5700686,346066,4389,022,104
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Matthew Hawkins$37,124,319$29,944,863$1,543,297↑ +7,179,456
Eric Sinclair III13,231,79411,597,5541,060,352↑ +1,634,240
Christopher Schremser10,972,62511,190,988806,092↓ −218,363
T. Craig Bridge10,951,3329,654,538807,070↑ +1,296,794
Steven Oreskovich9,022,104———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

You have just read Waystar Holding Corp.'s Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper WAY reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

Get the Waystar Holding Corp. Peer Teardown Report

$37,124,319 Matthew Hawkins total, FY2025

$199

The free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.

Data as of October 7, 2026 · Source: 0001990354-26-000013 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for WAY

Every report below is generated from the same filings as the free brief above, at the moment of purchase. What each one adds:

Executive Compensation ReportThe free page is the headline figures. The report is every award, peer and vote combined into one document you can hand to a committee.$1,500 →Reverse Peer AnalysisThe free page is the one line. The analysis reads every company that names this one in its own peer group.$299 →Peer Teardown ReportThe free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.$199 →
WAYon Velarion Intel, free → The platform reading of this company, beside the same data as a subscription.

Order WAY

Pick the report, add the email the receipt and the PDF go to, and pay by card on Stripe.

Receipt, invoice, and report delivery. Guest checkout, no account required, secure payment by Stripe.

How we handle your data → Privacy

Companies that benchmark against WAY

The list of companies that name WAY as a peer is temporarily unavailable — recheck shortly.

Get the Waystar Holding Corp. Executive Compensation Report

$1,500

Buy the report - $1,500Both reports - $2,400
01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Christopher SchremserCTO$10,972,625
Eric Sinclair IIIChief Business Officer$13,231,794
Matthew HawkinsCEO$37,124,319
Steven OreskovichCFO$9,022,104
T. Craig BridgeChief Transformation Officer$10,951,332
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Aashima GuptaIndependent Director$235,858
Eric C. LiuIndependent Director—
Ethan WaxmanIndependent Director—
Heidi G. MillerIndependent Director$275,858
John DriscollChair of the Board$363,358
Lauren YoungDirector—
Michael RomanIndependent Director$238,358
Paul G. MoskowitzIndependent Director—
Priscilla HungIndependent Director$278,358
Robert A. DeMichieiIndependent Director$278,358
Samuel BlaichmanIndependent Director—
Vivian E. RiefbergIndependent Director$273,358
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John DriscollDirector2026-06-03A9,303$0$0CommonForm 4 ↗
Robert A. DeMichieiDirector2026-06-03A10,44600CommonForm 4 ↗
John DriscollDirector2026-06-03A10,44600CommonForm 4 ↗
Heidi G. MillerDirector2026-06-03A9,30300CommonForm 4 ↗
Robert A. DeMichieiDirector2026-06-03A9,30300CommonForm 4 ↗
Aashima GuptaDirector2026-06-03A10,44600CommonForm 4 ↗
Aashima GuptaDirector2026-06-03A9,30300CommonForm 4 ↗
Priscilla HungDirector2026-06-03A10,44600CommonForm 4 ↗
Priscilla HungDirector2026-06-03A9,30300CommonForm 4 ↗
Michael RomanDirector2026-06-03A10,44600CommonForm 4 ↗
Michael RomanDirector2026-06-03A9,30300CommonForm 4 ↗
Vivian E. RiefbergDirector2026-06-03A10,44600CommonForm 4 ↗
Vivian E. RiefbergDirector2026-06-03A9,30300CommonForm 4 ↗
Heidi G. MillerDirector2026-06-03A10,44600CommonForm 4 ↗
Heidi G. MillerChief Marketing Officer2026-06-09D2,8871955,517CommonForm 4 ↗
Christopher SchremserChief Technology Officer2026-06-09D14,75119283,662CommonForm 4 ↗
Steven OreskovichChief Financial Officer2026-06-09D12,58319241,971CommonForm 4 ↗
T. Craig BridgeChief Transformation Officer2026-06-09D12,21219234,837CommonForm 4 ↗
Kimberly S. WittmanChief People Officer2026-06-09D2,7311952,517CommonForm 4 ↗
Matthew J. HawkinsDirector2026-06-09D47,75419918,309CommonForm 4 ↗
Matthew J. HawkinsDirector2026-07-15A33,0994137,030CommonForm 4 ↗
Matthew J. HawkinsDirector2026-07-15D33,09923762,032CommonForm 4 ↗
Matthew J. HawkinsDirector2026-07-15D33,09900Derivative, Class A CommonForm 4 ↗
Matthew J. HawkinsDirector2026-07-16A36,9014152,770CommonForm 4 ↗
Matthew J. HawkinsDirector2026-07-16D36,90100Derivative, Class A CommonForm 4 ↗
Matthew J. HawkinsDirector2026-07-16D36,90123851,944CommonForm 4 ↗
Alpana WegnerChief Financial Officer2026-07-24A162,11200CommonForm 4 ↗
T. Craig BridgeChief Transformation Officer2026-08-01A205,47000CommonForm 4 ↗
Gregory R. PackerChief Legal officer2026-08-01A232,06100CommonForm 4 ↗
Todd Charles WoodsChief Commercial Officer2026-08-01A90,82700CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-01A908,26500CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-11D22,46225562,354CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-11D22,46200Derivative, Class A CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-11A22,462492,993CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-13D60,038251,501,676CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-13D60,03800Derivative, Class A CommonForm 4 ↗
Matthew J. HawkinsDirector2026-08-13A60,0384248,557CommonForm 4 ↗
Amit KhannaChief Prod. & Tech. Officer2026-08-17A390,62500CommonForm 4 ↗
Matthew J. HawkinsDirector2026-09-01D30,28726779,285CommonForm 4 ↗
T. Craig BridgeChief Transformation Officer2026-09-01D30,79226792,278CommonForm 4 ↗
Gregory R. PackerChief Legal officer2026-09-01D6,75426173,780CommonForm 4 ↗
Matthew J. HawkinsDirector2026-09-02D82,50000Derivative, Class A CommonForm 4 ↗
Matthew J. HawkinsDirector2026-09-02A82,5004341,550CommonForm 4 ↗
Matthew J. HawkinsDirector2026-09-02D82,500262,142,583CommonForm 4 ↗
William ChanChief Product & AI Officer2026-10-05D9,56026249,229CommonForm 4 ↗
Matthew J. HawkinsDirector2026-10-06D82,50000Derivative, Class A CommonForm 4 ↗
Matthew J. HawkinsDirector2026-10-06A82,5004341,550CommonForm 4 ↗
Matthew J. HawkinsDirector2026-10-06D82,500262,163,868CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Matthew HawkinsRSU2025-05-09——264,131—$10,567,881
Steven OreskovichRSU2025-04-01——211,304—7,805,570
Christopher SchremserRSU2025-04-01——264,131—9,756,999
Eric Sinclair IIIRSU2025-04-01——316,957—11,708,392
T. Craig BridgeRSU2025-04-01——264,131—9,756,999
Matthew HawkinsPSU2025-05-09198,099396,197—792,39424,433,469
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Matthew Hawkins$10,567,881$24,433,469$069.8%
Steven Oreskovich7,805,570000.0%
Christopher Schremser9,756,999000.0%
Eric Sinclair III11,708,392000.0%
T. Craig Bridge9,756,999000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Eric Sinclair IIIRSU316,957—$10,380,341
Matthew HawkinsRSU400,000—13,100,000
Matthew HawkinsOption93,77533.06—
Eric Sinclair IIIRSU139,131—4,556,540
Christopher SchremserOption13,91533.06—
Christopher SchremserOption347,82621.5—
Steven OreskovichRSU121,739—3,986,952
Matthew HawkinsRSU396,197—12,975,452
Steven OreskovichOption304,34821.5—
T. Craig BridgeOption304,34821.5—
Eric Sinclair IIIOption48,40037.2—
Matthew HawkinsOption1,000,00021.5—
Matthew HawkinsOption96,80037.2—
Christopher SchremserRSU264,131—8,650,290
T. Craig BridgeOption13,91533.06—
Christopher SchremserRSU139,131—4,556,540
Steven OreskovichOption25,41037.2—
Matthew HawkinsRSU264,131—8,650,290
T. Craig BridgeRSU264,131—8,650,290
Eric Sinclair IIIOption13,91533.06—
Steven OreskovichRSU211,304—6,920,206
T. Craig BridgeRSU121,739—3,986,952
Steven OreskovichOption3,02533.06—
T. Craig BridgeOption32,26737.2—
Christopher SchremserOption48,40037.2—
Eric Sinclair IIIOption434,78221.5—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is built on a foundation of performance, accountability, and alignment with stockholder interests, combining competitive base salaries with variable incentive opportunities that emphasize long-term equity awards to align executive and stockholder interests. The program is designed to attract, retain, and motivate exceptional leaders who embody our values and help drive sustainable stockholder value, with a substantial portion of pay (97.7% for the CEO) linked to Company performance.

CEO STI target (% of salary)110%
CEO LTI target (% of salary)—
Independent consultantKorn Ferry
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John DriscollIndependent · Board Chair · Nominating/Governance$160,000$203,358$0$0$0$363,358
Robert A. DeMichieiIndependent · Audit (Chair)75,000203,358000278,358
Priscilla HungIndependent · Audit · Compensation75,000203,358000278,358
Heidi G. MillerIndependent · Nominating/Governance · Compensation (Chair)72,500203,358000275,858
Vivian E. RiefbergIndependent · Audit · Compensation70,000203,358000273,358
Michael RomanIndependent · Nominating/Governance · Audit · Partial-year service35,000203,358000238,358
Aashima GuptaIndependent · Audit · Partial-year service32,500203,358000235,858
Paul G. MoskowitzIndependent · Audit, Compliance, & Risk000000
Samuel BlaichmanIndependent · Nominating/Governance · Compensation000000
Eric C. LiuIndependent · Nominating/Governance · Not standing for re-election000000
Ethan WaxmanIndependent · Compensation000000
Matthew J. HawkinsEmployee director000—00
Lauren YoungNot independent · Partial-year service000000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$520,000
Equity awards (grant-date value)$1,423,506
All other compensation$0
Total cost of the board$1,943,506

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Waystar Holding Corp. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Waystar Holding Corp..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Waystar Holding Corp.2025Matthew Hawkins$830,000$35,001,350$0$1,228,350$37,124,319
2PTC Inc.2025Neil Barua800,00021,720,45601,620,00024,315,129
3Doximity, Inc.2026Jeff Tangney627,00018,955,8990019,586,169
4Bill Holdings, Inc.2025René Lacerte550,00014,861,4810688,05016,139,836
5ACI Worldwide, Inc.2025Thomas Warsop III750,00013,204,02701,018,87514,999,961
6Evolent Health, Inc.2025Seth Blackley867,06812,699,0860014,240,154
7Guidewire Software, Inc.2025Mike Rosenbaum750,00012,280,2030975,00014,012,061
8HealthEquity, Inc.2026Scott Cutler775,00012,038,5630767,25013,582,105
9BlackLine, Inc.2025Owen Ryan524,23110,603,0670473,37811,614,676
10Clearwater Analytics Holdings, Inc.2024Sandeep Sahai653,4007,799,9310823,28411,123,831
11Tyler Technologies, Inc.2025H. Lynn Moore Jr.675,0008,173,649008,858,370
12EverCommerce Inc.2025Eric Remer650,0005,524,9990614,2506,789,249
13Certara, Inc.2025William Feehery795,6754,927,5020747,9356,491,387
14Blackbaud, Inc.2025Michael Gianoni800,0315,206,285006,022,250
15Bentley Systems, Inc.2025Nicholas Cumins791,6033,094,7660823,8994,815,961
16CCC Intelligent Solutions Holdings Inc.2025Githesh Ramamurthy940,769000987,736
17Veeva Systems Inc.2026Peter Gassner470,833000470,833

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Waystar Holding Corp.135%not disclosedYes — TSR percentile rank relative to a peer groupKorn Ferry
ACI Worldwide, Inc.135.85%PSU 50 · RSU 50NoCompensia, Inc.
Bentley Systems, Inc.98.9%RSU 50 · PSU 50NoPearl Meyer & Partners, LLC
Bill Holdings, Inc.125.1%RSU 50 · PSU 40Yes — Relative TSRSemler Brossy Consulting Group LLC
Blackbaud, Inc.not disclosednot disclosedNoCompensia, Inc.
BlackLine, Inc.90.1%RSU 50 · PSU 50Yes — Relative TSRCompensia
CCC Intelligent Solutions Holdings Inc.not disclosednot disclosedNoAlpine Rewards
Certara, Inc.94%PSU 60 · RSU 40Yes — annualized total stockholder return (ATSR)Meridian Compensation Partners
Clearwater Analytics Holdings, Inc.105%PSU 50 · RSU 50NoAon
Doximity, Inc.not disclosednot disclosedNoAon plc (Human Capital Solutions Practice)
EverCommerce Inc.105%RSU 100not disclosednot disclosed
Evolent Health, Inc.75%PSU 70 · RSU 30NoExequity
Guidewire Software, Inc.130%RSU 50 · PRSU 50NoSemler Brossy
HealthEquity, Inc.99%PSU 60 · RSU 40YesSemler Brossy
PTC Inc.135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
Tyler Technologies, Inc.120%PSU 80 · RSU 20NoRadford
Veeva Systems Inc.not disclosedOptions 100not disclosedCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Waystar Holding Corp. in fiscal 2025?
As disclosed, Matthew Hawkins (Chief Executive Officer and Director) was the highest-paid executive at Waystar Holding Corp. in fiscal 2025, with total compensation of $37,124,319.
How does Waystar Holding Corp.'s chief executive pay compare to its disclosed peer group?
As disclosed, Matthew Hawkins's total compensation ranked at the 99th percentile of Waystar Holding Corp.'s disclosed peer group.
How much does Waystar Holding Corp. spend in total on board compensation for fiscal 2025?
As disclosed, Waystar Holding Corp. reported total board compensation of $1,943,506 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Matthew HawkinsDEF 14A2026-04-170001990354-26-000013Section “Executive Compensation”. As printed: 37,124,319. Filing ↗machine: r2 · c7 · span 1121951–1121961
2Section 01, Eric Sinclair IIIDEF 14A2026-04-170001990354-26-000013Section “Executive Compensation”. As printed: 13,231,794. Filing ↗machine: r13 · c7 · span 1172359–1172369
3Section 01, Christopher SchremserDEF 14A2026-04-170001990354-26-000013Section “Executive Compensation”. As printed: 10,972,625. Filing ↗machine: r10 · c7 · span 1157689–1157699
4Section 01, T. Craig BridgeDEF 14A2026-04-170001990354-26-000013Section “Executive Compensation”. As printed: 10,951,332. Filing ↗machine: r7 · c7 · span 1143157–1143167
5Section 01, Steven OreskovichDEF 14A2026-04-170001990354-26-000013Section “Executive Compensation”. As printed: 9,022,104. Filing ↗machine: r5 · c7 · span 1136636–1136645
6Section 03, Matthew Hawkins RSUDEF 14A2026-04-170001990354-26-000013Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t45 · r4 · c9 · span 1218481–1218491
7Section 03, Steven Oreskovich RSUDEF 14A2026-04-170001990354-26-000013Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t44 · r5 · c4 · span 1134604–1134613
8Section 03, Christopher Schremser RSUDEF 14A2026-04-170001990354-26-000013Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t44 · r10 · c4 · span 1155637–1155646
9Section 03, Eric Sinclair III RSUDEF 14A2026-04-170001990354-26-000013Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t44 · r13 · c4 · span 1170397–1170407
10Section 03, T. Craig Bridge RSUDEF 14A2026-04-170001990354-26-000013Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t44 · r7 · c4 · span 1141203–1141212
11Section 03, Matthew Hawkins PSUDEF 14A2026-04-170001990354-26-000013Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t45 · r5 · c9 · span 1223555–1223565
12Section 07, pay ratioDEF 14A2026-04-170001990354-26-000013Section “CEO Pay Ratio”. As printed: —. Filing ↗
13Section 08, John DriscollDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 363,358. Filing ↗machine: span 768353–768958
14Section 08, Robert A. DeMichieiDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 278,358. Filing ↗machine: span 765496–766112
15Section 08, Priscilla HungDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 278,358. Filing ↗machine: span 774273–774891
16Section 08, Heidi G. MillerDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 275,858. Filing ↗machine: span 780259–780865
17Section 08, Vivian E. RiefbergDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 273,358. Filing ↗machine: span 785964–786582
18Section 08, Michael RomanDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 238,358. Filing ↗machine: span 789059–789676
19Section 08, Aashima GuptaDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 235,858. Filing ↗machine: span 771426–772029
20Section 08, Paul G. MoskowitzDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Samuel BlaichmanDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Eric C. LiuDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Ethan WaxmanDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 0. Filing ↗
24Section 08, Matthew J. HawkinsDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, Lauren YoungDEF 14A2026-04-170001990354-26-000013Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, John Driscoll 2026-06-03Form 42026-06-030001257287-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Robert A. DeMichiei 2026-06-03Form 42026-09-250001928634-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, John Driscoll 2026-06-03Form 42026-09-250001257287-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Heidi G. Miller 2026-06-03Form 42026-06-030001199930-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Robert A. DeMichiei 2026-06-03Form 42026-06-030001928634-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Aashima Gupta 2026-06-03Form 42026-09-250001946262-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Aashima Gupta 2026-06-03Form 42026-06-030001946262-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Priscilla Hung 2026-06-03Form 42026-09-250001557593-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Priscilla Hung 2026-06-03Form 42026-06-030001557593-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Michael Roman 2026-06-03Form 42026-09-250001577544-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Michael Roman 2026-06-03Form 42026-06-030001577544-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Vivian E. Riefberg 2026-06-03Form 42026-09-250001843139-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Vivian E. Riefberg 2026-06-03Form 42026-06-030001843139-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Heidi G. Miller 2026-06-03Form 42026-09-250001199930-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Heidi G. Miller 2026-06-09Form 42026-06-090001998251-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Christopher Schremser 2026-06-09Form 42026-06-090001998333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Steven Oreskovich 2026-06-09Form 42026-06-090001368470-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, T. Craig Bridge 2026-06-09Form 42026-06-090001998332-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Kimberly S. Wittman 2026-06-09Form 42026-06-090002020858-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Matthew J. Hawkins 2026-06-09Form 42026-06-090001998256-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Matthew J. Hawkins 2026-07-15Form 42026-07-170001998256-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Matthew J. Hawkins 2026-07-15Form 42026-07-170001998256-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Matthew J. Hawkins 2026-07-15Form 42026-07-170001998256-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Matthew J. Hawkins 2026-07-16Form 42026-07-170001998256-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Matthew J. Hawkins 2026-07-16Form 42026-07-170001998256-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Matthew J. Hawkins 2026-07-16Form 42026-07-170001998256-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Alpana Wegner 2026-07-24Form 42026-08-140001822516-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, T. Craig Bridge 2026-08-01Form 42026-08-030001998332-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Gregory R. Packer 2026-08-01Form 42026-08-030001735839-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Todd Charles Woods 2026-08-01Form 42026-08-100002149159-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Matthew J. Hawkins 2026-08-01Form 42026-08-030001998256-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Matthew J. Hawkins 2026-08-11Form 42026-08-130001998256-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Matthew J. Hawkins 2026-08-11Form 42026-08-130001998256-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Matthew J. Hawkins 2026-08-11Form 42026-08-130001998256-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Matthew J. Hawkins 2026-08-13Form 42026-08-130001998256-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Matthew J. Hawkins 2026-08-13Form 42026-08-130001998256-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Matthew J. Hawkins 2026-08-13Form 42026-08-130001998256-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Amit Khanna 2026-08-17Form 42026-09-080002150055-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Matthew J. Hawkins 2026-09-01Form 42026-09-030001998256-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, T. Craig Bridge 2026-09-01Form 42026-09-030001998332-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Gregory R. Packer 2026-09-01Form 42026-09-030001735839-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Matthew J. Hawkins 2026-09-02Form 42026-09-030001998256-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Matthew J. Hawkins 2026-09-02Form 42026-09-030001998256-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Matthew J. Hawkins 2026-09-02Form 42026-09-030001998256-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, William Chan 2026-10-05Form 42026-10-060002091511-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Matthew J. Hawkins 2026-10-06Form 42026-10-070001998256-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Matthew J. Hawkins 2026-10-06Form 42026-10-070001998256-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Matthew J. Hawkins 2026-10-06Form 42026-10-070001998256-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
74Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
75Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
76Section 09b board cost (computed)Computed——Cash 520,000 + equity 1,423,506 + all other 0 = 1,943,506, summed across the director compensation table rows.machine: formula: Σ = 1,943,506
77Waystar Holding Corp. (subject), Section 10b CEO totalDEF 14A2026-04-170001990354-26-000013CEO total compensation as printed in Waystar Holding Corp.'s own proxy. As printed: 37,124,319. Filing ↗machine: r2 · c7 · span 1121951–1121961
78PTC Inc., Section 10b CEO totalDEF 14A2025-12-230001104659-25-124170CEO total compensation as printed in PTC Inc.'s own proxy. As printed: 24,315,129. Filing ↗machine: span 1634675–1634685
79Doximity, Inc., Section 10b CEO totalDEF 14A2026-07-150001516513-26-000032CEO total compensation as printed in Doximity, Inc.'s own proxy. As printed: 19,586,169. Filing ↗machine: span 468084–468094
80Bill Holdings, Inc., Section 10b CEO totalDEF 14A2025-10-270001193125-25-251571CEO total compensation as printed in Bill Holdings, Inc.'s own proxy. As printed: 16,139,836. Filing ↗machine: t222 · r3 · c34 · span 972693–972703
81ACI Worldwide, Inc., Section 10b CEO totalDEF 14A2026-04-200001193125-26-162572CEO total compensation as printed in ACI Worldwide, Inc.'s own proxy. As printed: 14,999,961. Filing ↗machine: r6 · c34 · span 887084–887094
82Evolent Health, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177267CEO total compensation as printed in Evolent Health, Inc.'s own proxy. As printed: 14,240,154. Filing ↗machine: r3 · c20 · span 908544–908555
83Guidewire Software, Inc., Section 10b CEO totalDEF 14A2025-10-300001528396-25-000233CEO total compensation as printed in Guidewire Software, Inc.'s own proxy. As printed: 14,012,061. Filing ↗machine: r3 · c21 · span 777771–777781
84HealthEquity, Inc., Section 10b CEO totalDEF 14A2026-05-130001428336-26-000022CEO total compensation as printed in HealthEquity, Inc.'s own proxy. As printed: 13,582,105. Filing ↗machine: r3 · c21 · span 892475–892485
85BlackLine, Inc., Section 10b CEO totalDEF 14A2026-03-250001628280-26-020925CEO total compensation as printed in BlackLine, Inc.'s own proxy. As printed: 11,614,676. Filing ↗machine: r2 · c54 · span 948504–948514
86Clearwater Analytics Holdings, Inc., Section 10b CEO totalDEF 14A2025-04-290001628280-25-020660CEO total compensation as printed in Clearwater Analytics Holdings, Inc.'s own proxy. As printed: 11,123,831. Filing ↗machine: t29 · r3 · c18 · span 1151764–1151774
87Tyler Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-230000860731-26-000022CEO total compensation as printed in Tyler Technologies, Inc.'s own proxy. As printed: 8,858,370. Filing ↗machine: r9 · c27 · span 1010313–1010322
88EverCommerce Inc., Section 10b CEO totalDEF 14A2026-04-280001140361-26-017429CEO total compensation as printed in EverCommerce Inc.'s own proxy. As printed: 6,789,249. Filing ↗
89Certara, Inc., Section 10b CEO totalDEF 14A2026-04-030001104659-26-039372CEO total compensation as printed in Certara, Inc.'s own proxy. As printed: 6,491,387. Filing ↗machine: r1 · c42 · span 883232–883241
90Blackbaud, Inc., Section 10b CEO totalDEF 14A2026-04-210001280058-26-000009CEO total compensation as printed in Blackbaud, Inc.'s own proxy. As printed: 6,022,250. Filing ↗machine: span 1051214–1051223
91Bentley Systems, Inc., Section 10b CEO totalDEF 14A2026-04-100001104659-26-042019CEO total compensation as printed in Bentley Systems, Inc.'s own proxy. As printed: 4,815,961. Filing ↗machine: r1 · c39 · span 575664–575673
92CCC Intelligent Solutions Holdings Inc., Section 10b CEO totalDEF 14A2026-04-070001140361-26-013493CEO total compensation as printed in CCC Intelligent Solutions Holdings Inc.'s own proxy. As printed: 987,736. Filing ↗machine: r2 · c25 · span 724291–724299
93Veeva Systems Inc., Section 10b CEO totalDEF 14A2026-05-040001140361-26-018796CEO total compensation as printed in Veeva Systems Inc.'s own proxy. As printed: 470,833. Filing ↗machine: t223 · r2 · c7 · span 807038–807045
94Section 10a, Blackbaud, Inc. reciprocityDEF 14A—0001280058-26-000009Blackbaud, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
95Section 10a, Tyler Technologies, Inc. reciprocityDEF 14A—0000860731-26-000022Tyler Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
96Section 10a, CCC Intelligent Solutions Holdings Inc. reciprocityDEF 14A—0001140361-26-013493CCC Intelligent Solutions Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
97Section 10a, Bill Holdings, Inc. reciprocityDEF 14A—0001193125-25-251571Bill Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
98Section 10a, BlackLine, Inc. reciprocityDEF 14A—0001628280-26-020925BlackLine, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
99Section 10a, PTC Inc. reciprocityDEF 14A—0001104659-25-124170PTC Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
100Section 10a, Guidewire Software, Inc. reciprocityDEF 14A—0001528396-25-000233Guidewire Software, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
101Section 10a, Certara, Inc. reciprocityDEF 14A—0001104659-26-039372Certara, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
102Section 10a, HealthEquity, Inc. reciprocityDEF 14A—0001428336-26-000022HealthEquity, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
103Section 10a, Evolent Health, Inc. reciprocityDEF 14A—0001193125-26-177267Evolent Health, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
104Section 10a, Veeva Systems Inc. reciprocityDEF 14A—0001140361-26-018796Veeva Systems Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
105Section 10a, Clearwater Analytics Holdings, Inc. reciprocityDEF 14A—0001628280-25-020660Clearwater Analytics Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
106Section 10a, Bentley Systems, Inc. reciprocityDEF 14A—0001104659-26-042019Bentley Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗
107Section 10a, Doximity, Inc. reciprocityDEF 14A—0001516513-26-000032Doximity, Inc.'s most recent proxy was read; its disclosed peer group does not include Waystar Holding Corp.. Filing ↗

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.

Get the Waystar Holding Corp. Executive Compensation Report

$1,500

Buy the report - $1,500Both reports - $2,400
WAY Peer Teardown Report