Oscar Health (OSCR) director William Gassen receives 684 deferred 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, Inc. director William Gassen received a grant of 684 deferred stock units on July 9, 2026, as a compensation award in lieu of cash board retainer fees. Each unit represents a right to receive one share of Class A common stock and was valued at $31.20, the closing stock price on the grant date. The units are 100% vested at grant and will be settled in cash or shares, at the company’s discretion, within 45 days after specified events such as termination of service or a change in control. Following this grant, Gassen holds 7,071 deferred stock units directly.
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 | 684 | $31.20 | $21K |
Holdings After Transaction:
Deferred Stock Unit — 7,071 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 July 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: 684 units
Grant valuation price: $31.20 per unit
Deferred stock units after grant: 7,071 units
+2 more
5 metrics
Deferred stock units granted
684 units
Grant to director William Gassen on July 9, 2026
Grant valuation price
$31.20 per unit
Closing price of Class A common stock on July 9, 2026
Deferred stock units after grant
7,071 units
Total deferred stock units held directly by William Gassen following the grant
Underlying security
684 shares
Each deferred stock unit represents one share of Class A common stock
Settlement window
45 days
Settlement period after specified events such as termination or change in control
Key Terms
Deferred stock unit, Amended and Restated Deferred Compensation Plan for Directors, change in control
3 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.
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."
change in control financial
"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 insider transaction did Oscar Health (OSCR) report for William Gassen?
Oscar Health reported that director William Gassen received a grant of 684 deferred stock units on July 9, 2026, as compensation for board service, in lieu of cash retainer payments.
At what price were William Gassen’s Oscar Health (OSCR) deferred stock units valued?
The 684 deferred stock units granted to William Gassen were valued at $31.20 per unit, equal to the closing price of Oscar Health’s Class A common stock on July 9, 2026.
How many Oscar Health (OSCR) deferred stock units does William Gassen hold after this grant?
After the July 9, 2026 grant, William Gassen holds a total of 7,071 deferred stock units directly, each representing a right to receive one share of Oscar Health’s Class A common stock.
Are William Gassen’s new Oscar Health (OSCR) deferred stock units vested?
Yes. The filing states that deferred stock units issued in lieu of a cash retainer payment are 100% vested on the grant date, so the 684 units granted to William Gassen are fully vested immediately.
When will William Gassen’s Oscar Health (OSCR) deferred stock units be settled?
The deferred stock units will be settled for cash or Class A shares, at Oscar Health’s discretion, within 45 days after the earlier of termination of service, change in control, death, or disability.
Why did William Gassen receive deferred stock units from Oscar Health (OSCR) instead of cash?
William Gassen elected, under Oscar Health’s Amended and Restated Deferred Compensation Plan for Directors, to receive deferred stock units in lieu of cash retainer payments for his board service.