Oscar Health (OSCR) director Jeffery Boyd granted 3,106 deferred stock units in lieu of cash

Rhea-AI Filing Summary

Oscar Health director Jeffery H. Boyd reported a new equity-based award tied to his board service. On January 8, 2026, he acquired 3,106 deferred stock units, each representing a right to receive one share of Oscar Health’s Class A common stock. The units were issued under the company’s Amended and Restated Deferred Compensation Plan for Directors, because he chose to receive stock units instead of cash retainer payments. The number of units was calculated using the Class A share closing price of $16.90 on that date. After this grant, Boyd beneficially owned 66,248 derivative securities in the form of deferred stock units, which will be settled in cash or shares, at the company’s discretion, upon termination of service, a change in control, death, or disability, and they are fully vested at grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BOYD JEFFERY H

(Last) (First) (Middle)

75 VARICK STREET, 5TH FLOOR

(Street)

NEW YORK NY 10013

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Oscar Health, Inc. [ OSCR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Unit	(1)	01/08/2026		A		3,106		(3)	(3)	Class A Common Stock	3,106	$16.9(2)	66,248	D

Explanation of Responses:

1. Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock.

2. 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.

3. 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.

Remarks:

	/s/ Melissa Curtin, Attorney-in-fact	01/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Oscar Health (OSCR) disclose for Jeffery H. Boyd?

Oscar Health reported that director Jeffery H. Boyd acquired 3,106 deferred stock units on January 8, 2026, coded as an acquisition under transaction code A.

What do the deferred stock units for OSCR represent?

Each deferred stock unit represents a right to receive one share of Oscar Health’s Class A common stock, to be settled in cash or shares at the company’s discretion.

How was the number of deferred stock units for the OSCR director grant determined?

The 3,106 deferred stock units were calculated using the $16.90 closing price of Oscar Health’s Class A common stock on January 8, 2026, in lieu of cash retainer payments.

What is Jeffery H. Boyd’s total deferred stock unit holdings in OSCR after this transaction?

Following the reported grant, Jeffery H. Boyd beneficially owned 66,248 deferred stock units related to Oscar Health Class A common stock.

When will the OSCR deferred stock units for Jeffery H. Boyd be settled?

The deferred stock units will be settled within 45 days of the first to occur of termination of service, a change in control, death, or disability, in cash or shares at the issuer’s discretion.

Are the Oscar Health (OSCR) deferred stock units granted to Jeffery H. Boyd vested?

Yes. Deferred stock units issued in lieu of a cash retainer payment for Oscar Health’s directors are stated to be 100% vested on the grant date.