Director Gassen takes Oscar Health (OSCR) board fees in stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gassen William reported acquisition or exercise transactions in this Form 4 filing.
Oscar Health director William Gassen received 1,418 deferred stock units as board compensation. Each unit represents one share of Class A common stock, valued at $14.54 based on the share price on April 9, 2026. He now holds 6,387 deferred stock units, which will be settled in cash or stock after specified service-ending events.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gassen William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 1,418 | $14.54 | $21K |
Holdings After Transaction:
Deferred Stock Unit — 6,387 shares (Direct)
Footnotes (1)
- Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock. 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. 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 April 9, 2026, which price was used to calculate the number of deferred stock units issued to the Reporting Person.
Key Figures
Deferred stock units granted: 1,418 units
Reference share price: $14.54 per share
Total deferred stock units after grant: 6,387 units
+2 more
5 metrics
Deferred stock units granted
1,418 units
Grant on April 9, 2026 for board service
Reference share price
$14.54 per share
Closing price used to calculate units on April 9, 2026
Total deferred stock units after grant
6,387 units
Holdings following the reported transaction
Conversion/exercise price
$0.00
Deferred stock units represent rights to receive shares without exercise cost
Settlement window
45 days
Period after qualifying event when units are settled
Key Terms
Deferred Stock Unit, Class A common stock, Amended and Restated Deferred Compensation Plan for Directors, change in control
4 terms
Deferred Stock Unit financial
"Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock."
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Class A common stock financial
"Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Amended and Restated Deferred Compensation Plan for Directors financial
"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"
change in control regulatory
"within 45 days of the first to occur of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What did Oscar Health (OSCR) director William Gassen report in this Form 4?
Director William Gassen reported receiving 1,418 deferred stock units as compensation for board service. These units are tied to Oscar Health’s Class A common stock and were granted instead of a cash retainer, reflecting equity-based director compensation rather than an open-market stock purchase or sale.
How many Oscar Health (OSCR) deferred stock units does William Gassen hold after this grant?
After the grant, William Gassen holds a total of 6,387 deferred stock units. Each unit represents the right to receive one share of Oscar Health’s Class A common stock, giving him equity-linked compensation that aligns his interests with shareholders over the long term.
At what price were William Gassen’s Oscar Health (OSCR) deferred stock units calculated?
The 1,418 deferred stock units were calculated using a Class A common stock closing price of $14.54 on April 9, 2026. That share price determined how many units Gassen received in lieu of his cash retainer under the company’s deferred compensation plan for directors.
When will William Gassen’s Oscar Health (OSCR) deferred stock units be settled?
The deferred stock units will be settled within 45 days after the earliest of four events: termination of service, a change in control, death, or disability. Settlement may be in cash or Class A common shares, at Oscar Health’s discretion under the plan terms.
What plan governs William Gassen’s deferred stock units at Oscar Health (OSCR)?
The units were issued under Oscar Health’s Amended and Restated Deferred Compensation Plan for Directors. Under this plan, Gassen elected to receive deferred stock units instead of cash retainers, with each unit representing one future share of Class A common stock or cash equivalent at settlement.