Oscar Health (OSCR) president granted 106,458 RSUs and sells 7,453 shares
Rhea-AI Filing Summary
Oscar Health, Inc. reported that executive Janet Liang, President, Oscar Insurance, received a grant of 106,458 shares of Class A common stock as restricted stock units at $0.00 per share. These RSUs will vest quarterly in 12 equal installments beginning on June 1, 2026, contingent on her continued service. On the same day, she sold 7,453 shares of Class A common stock in an open-market transaction at a weighted average price of $13.39 per share under a pre-arranged Rule 10b5-1 instruction, solely to cover tax withholding on previously vested equity awards. After these transactions, she directly holds 271,532 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insights
Routine equity grant offset by tax-related share sale; overall impact is neutral.
The filing shows a sizeable equity incentive for Oscar Health executive Janet Liang via 106,458 RSUs, vesting quarterly over 12 installments from June 1, 2026. This structure ties compensation to ongoing service and long-term share performance.
The same day, she sold 7,453 shares at a weighted average of $13.39 under a pre-established Rule 10b5-1 plan, specifically to cover tax withholding from earlier equity vesting. Such sales are administrative rather than discretionary portfolio moves.
Post-transaction, Liang holds 271,532 shares of Class A common stock directly, indicating continued exposure to the stock. Overall, the combination of a compensatory grant and tax-driven sale is typical for senior executives and does not on its own signal a change in business outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 106,458 | $0.00 | -- |
| Sale | Class A Common Stock | 7,453 | $13.39 | $100K |
Footnotes (1)
- The shares represent restricted stock units, which will vest quarterly in 12 equal installments beginning on June 1, 2026, subject to the reporting person's continuous service through each vesting date. Includes shares to be issued in connection with the vesting of one or more restricted stock units. 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 $13.00 to $13.85, 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.