Oscar Health (OSCR) legal chief sells 9,859 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oscar Health, Inc. Chief Legal Officer Adam McAnaney reported selling a total of 9,859 shares of Class A common stock in two open-market transactions. One sale covered 2,794 shares at a weighted average price of about $22.45 per share, and the other covered 7,065 shares at about $21.74 per share. According to the disclosure, these sales were carried out under a pre-arranged Rule 10b5-1 instruction letter entered into on August 8, 2025 to satisfy tax withholding obligations upon the vesting of previously granted equity awards. The prices reflected multiple trades within ranges of $21.03 to $22.02 and $22.03 to $22.96 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,859 shares ($216,318)
Net Sell
2 txns
Insider
McAnaney Adam
Role
Chief Legal Officer
Sold
9,859 shs ($216K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,065 | $21.74 | $154K |
| Sale | Class A Common Stock | 2,794 | $22.45 | $63K |
Holdings After Transaction:
Class A Common Stock — 220,890 shares (Direct, null)
Footnotes (1)
- The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on August 8, 2025 to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.03 to $22.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Includes shares to be issued in connection with the vesting of one or more restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.03 to $22.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
Key Figures
Shares sold (trade 1): 2,794 shares
Shares sold (trade 2): 7,065 shares
Total shares sold: 9,859 shares
+2 more
5 metrics
Shares sold (trade 1)
2,794 shares
Open-market sale of Class A common stock at about $22.45 per share on June 2, 2026
Shares sold (trade 2)
7,065 shares
Open-market sale of Class A common stock at about $21.74 per share on June 2, 2026
Total shares sold
9,859 shares
Net-sell shares across two open-market transactions reported in the filing
Price range (lower block)
$21.03–$22.02 per share
Range of individual trade prices for one weighted-average sale
Price range (upper block)
$22.03–$22.96 per share
Range of individual trade prices for the other weighted-average sale
Key Terms
Rule 10b5-1, restricted stock units, weighted average price
3 terms
Rule 10b5-1 regulatory
"The sale was effected pursuant to a Rule 10b5-1 instruction letter entered into on August 8, 2025"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
restricted stock units financial
"Includes shares to be issued in connection with the vesting of one or more restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Oscar Health (OSCR) report for Adam McAnaney?
Oscar Health reported that Chief Legal Officer Adam McAnaney sold 9,859 shares of Class A common stock in two open-market transactions. These trades were executed on June 2, 2026 as part of a pre-arranged Rule 10b5-1 instruction letter.