Oscar Health (OSCR) CTO and director reports Class A share sales
Rhea-AI Filing Summary
Oscar Health insider activity: A director and President of Technology & CTO of Oscar Health, Inc. reported pre-planned trades in Class A common stock under a Rule 10b5-1 trading plan adopted on September 23, 2025. On January 2, 2026, he converted 59,800 shares of Class B common stock into Class A stock and then sold 137,933 Class A shares at a weighted average price of $15.02. On January 5, 2026, he converted an additional 86,893 Class B shares into Class A stock and sold 96,928 Class A shares at a weighted average price of $15.64. After these transactions, he directly beneficially owned 350,180 shares of Class A common stock and continued to hold additional economic interests through convertible Class B shares and family trusts as described. The filing notes that Class B shares are convertible one-for-one into Class A and will mandatorily convert after a specified period or upon certain events.
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FAQ
What insider transactions did Oscar Health (OSCR) report in this Form 4?
The filing reports that a director and President of Technology & CTO converted Class B common stock into Class A common stock and sold Class A shares in multiple transactions on January 2 and January 5, 2026, under a Rule 10b5-1 trading plan.
How many Oscar Health (OSCR) Class A shares were sold and at what prices?
The insider sold 137,933 Class A shares on January 2, 2026 at a weighted average price of $15.02, and 96,928 Class A shares on January 5, 2026 at a weighted average price of $15.64.
How many Oscar Health (OSCR) shares does the insider own after these transactions?
Following the reported transactions, the insider beneficially owned 350,180 shares of Oscar Health Class A common stock directly, with additional interests represented by convertible Class B shares and family trusts.
What is the relationship of the reporting person to Oscar Health (OSCR)?
The reporting person is a director of Oscar Health, Inc. and serves as Officer with the title President of Technology & CTO.
Were the Oscar Health (OSCR) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on September 23, 2025, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
How are Oscar Health (OSCR) Class B shares treated in this filing?
The filing explains that Class B common stock is convertible at any time at the option of the holder into Class A common stock on a one-to-one basis, subject to certain exceptions, and will mandatorily convert into Class A common stock after a specified period and upon certain events set forth in the company’s certificate of incorporation.