Chief Business Officer · Waystar Holding Corp. (WAY)

Eric Sinclair III

A named executive officer of Waystar in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$13,231,794

FY2024: $11,597,554

2nd of 5 named executive officers at Waystar by FY2025 total.

5 named officers on file for Waystar, FY2025

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What this number hides

The filing gives the total. Waystar’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 17, 2026 (DEF 14A).

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Eric Sinclair III compensation by year

Waystar Summary Compensation Table · all 3 fiscal years held
In US dollars, as Waystar reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$412,000$430,000$463,750
Bonus$0$0$0
Stock awards$0$3,739,130$11,708,392
Option awards$0$6,446,723$0
Non-equity incentive$625,840$945,621$998,322
Pension and deferred compensation$0$0$0
All other$22,512$36,080$61,330
Total$1,060,352$11,597,554$13,231,794

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Waystar Holding Corp. DEF 14A filed April 17, 2026, accession 0001990354-26-000013, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Waystar Holding Corp. filed document, accession 0001990354-26-000013. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2026.

$1.1M
$11.6M
$13.2M
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU316,957$10,380,341—
RSU139,131$4,556,540—
Option48,400—$37.20
Option34,787—$33.06
Option90,750—$18.19
Option294,937—$16.53
Option434,782—$21.50

Per the Outstanding Equity Awards at Fiscal Year-End table in Waystar Holding Corp.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Waystar’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Matthew HawkinsChief Executive Officer and Director$37,124,319
Eric Sinclair III · this pageChief Business Officer$13,231,794
Christopher SchremserChief Technology Officer$10,972,625
T. Craig BridgeChief Transformation Officer$10,951,332
Steven OreskovichChief Financial Officer$9,022,104

Eric Sinclair III's compensation dossier, Waystar

You have read Eric Sinclair III's totals and holdings. The dossier adds each equity grant Waystar disclosed for Eric Sinclair III and Waystar's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Waystar compensation record

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Waystar's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Eric Sinclair III's compensation dossier