Oscar Health CFO RSU Withholding: 28,166 Shares Disposed at $16.66
Rhea-AI Filing Summary
Oscar Health insider reported a disposition of Class A common stock by Richard Scott Blackley, the company's Chief Financial Officer and director. On 09/02/2025 the filing shows 28,166 shares of Class A common stock were disposed of under transaction code F at a price of $16.66 per share. After the reported transaction, Mr. Blackley beneficially owned 1,376,169 shares. The filing explains 28,166 shares were withheld by the issuer to satisfy tax withholding on vested restricted stock units and that the post-transaction holdings include shares to be issued upon RSU vesting. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
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Insights
TL;DR: CFO reported a routine tax-withholding sale of vested RSUs; holdings remain substantial at 1.38 million shares.
The transaction is recorded as a disposition under code F indicating shares were withheld to satisfy tax obligations tied to RSU vesting rather than an open-market sale by the insider. The reported price of $16.66 reflects the valuation used for the withholding. The resulting beneficial ownership of 1,376,169 shares shows continued insider exposure to company equity. This filing provides clarity on the nature of the transaction and changes in outstanding insider holdings.
TL;DR: Disclosure is timely and specific, identifying the CFO, transaction mechanics, and resulting ownership.
The Form 4 correctly identifies the reporting person as an officer and director and discloses that shares were withheld to satisfy tax withholding from vested RSUs. The signature by an attorney-in-fact is noted with date. From a governance perspective, this is a standard insider disclosure documenting compensation-related share withholding rather than voluntary disposal, supporting transparency in insider reporting obligations.