OSCR Form 4: Schlosser RSU tax-withholding reduces reported shares
Rhea-AI Filing Summary
Mario Schlosser, President of Technology & CTO and a director of Oscar Health, reported a routine insider disposition on 09/02/2025. The filing shows 23,879 shares of Class A common stock were disposed of under code F at a price of $16.66 per share; the explanation states these shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). After the transaction, Schlosser beneficially owns 501,148 shares, a figure that the filer says includes shares to be issued on RSU vesting. The form is signed by an attorney-in-fact on 09/04/2025.
Positive
- Transaction is a tax-withholding on RSU vesting, indicating this was an administrative disposition rather than an open-market sale
- Reporting person retains significant stake with 501,148 Class A shares beneficially owned after the transaction
- Filing includes explicit explanations for withheld shares and inclusion of shares to be issued from RSUs
Negative
- 23,879 shares were disposed of, reducing the reporting person's immediate reported holdings
- Price reference $16.66 may reflect recent valuation for the withheld shares (timestamped point of reference)
Insights
TL;DR: Routine tax-withholding on vested RSUs; no unusual insider selling behavior indicated.
This Form 4 documents a standard withholding of shares to cover tax obligations tied to RSU vesting rather than an open-market sale. The filing identifies the reporting person as both an officer and a director, and shows beneficial ownership of 501,148 Class A shares after withholding. From a governance perspective, tax-withhold transactions are common and do not typically signal a change in executive alignment with shareholders. The report is complete with price, amount withheld, and an explanatory footnote, and it was executed by an attorney-in-fact.
TL;DR: Non-market disposition of 23,879 shares at $16.66 for tax withholding; impact on share count is modest.
The transaction code 'F' and the explanatory notes confirm shares were retained by the issuer to satisfy tax withholding tied to RSU vesting, not an open-market sale. The withheld amount (23,879 shares) reduced reported holdings but the filer still beneficially owns 501,148 shares including unissued RSU shares. The per-share value noted ($16.66) provides a timestamped reference for the withholding event. For investors assessing insider alignment, this is a routine administrative action rather than a signal of liquidity-driven selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 23,879 | $16.66 | $398K |
Footnotes (1)
- Reflects shares of Class A common stock withheld by the Issuer to satisfy tax withholding obligations incident to vesting of restricted stock units ("RSUs"). Includes shares to be issued in connection with the vesting of one or more restricted stock units.