Episode notes
At Waystar RoyCo's annual shareholder meeting, Logan Roy's deteriorating health — a UTI compounded by missed medication — removes him from the room entirely, leaving his children to manage a proxy fight deadlock without him. Shiv seizes the opening, negotiating directly with Sandi Furness to close a settlement management signs without Logan's approval; Roman fields a call from the White House that reveals the political protection Logan built around the DOJ investigation has collapsed; and Kendall, cut out of every meaningful decision, is permanently blocked by his father after a grandstanding speech.
The episode marks the first time a Roy child closes something real without Logan's authorization — and the first time Logan responds to a threat not by fighting it but by going silent. The shareholder crisis resolves, but the episode leaves Waystar without its DOJ buffer, Logan contemptuous of the daughter who saved him, and Kendall facing the possibility that his father's answer is simply to stop acknowledging his existence.
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