Oscar Health (OSCR) director William Gassen receives 1,220 deferred stock units
Rhea-AI Filing Summary
Oscar Health director William Gassen received 1,220 deferred stock units on January 8, 2026, each representing one share of Oscar Health’s Class A common stock. These units were granted under the company’s Amended and Restated Deferred Compensation Plan for Directors, as Mr. Gassen elected to take deferred stock units instead of a cash retainer for his board service.
The units were valued using the Class A common stock closing price of $16.90 on January 8, 2026, which determined how many units were issued. After this grant, Mr. Gassen beneficially owns 4,969 deferred stock units on a direct basis. The units are fully vested at grant and will be settled, in Oscar Health’s discretion, in cash or shares of Class A common stock within 45 days after the earliest of his termination of service, a change in control, death, or disability.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 1,220 | $16.90 | $21K |
Footnotes (1)
- Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock. The Reporting Person elected, pursuant to the Issuer's Amended and Restated Deferred Compensation Plan for Directors, to receive deferred stock units in lieu of cash retainer payments for service on the Issuer's board of directors. The price of the deferred stock units reported herein represents the closing price of the Issuer's Class A common stock on January 8, 2026, which price was used to calculate the number of deferred stock units issued to the Reporting Person. The deferred stock units will be settled for cash or shares of Class A common stock, in the Issuer's discretion, within 45 days of the first to occur of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability. Deferred stock units issued in lieu of a cash retainer payment are 100% vested on the grant date.