Oscar Health (OSCR) Chief Legal Officer reports 1,852-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Oscar Health, Inc. officer reports small share sale under 10b5‑1 plan. The company’s Chief Legal Officer reported selling 1,852 shares of Class A common stock on 12/02/2025 at a weighted average price of $16.59 per share. The transaction was coded as a sale and was executed under a pre-arranged Rule 10b5-1 instruction letter entered into on August 8, 2025 to cover tax withholding obligations from vesting equity awards. After this sale, the officer beneficially owns 179,241 shares of Oscar Health, Inc. common stock directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Oscar Health (OSCR) report in this Form 4?
The Chief Legal Officer of Oscar Health, Inc. reported a sale of 1,852 shares of Class A common stock on 12/02/2025.
At what price were the Oscar Health (OSCR) shares sold in this insider transaction?
The reported sale used a weighted average price of $16.59 per share, with individual trades executed between $16.37 and $16.78 per share.
How many Oscar Health (OSCR) shares does the insider own after the reported sale?
Following the transaction, the reporting officer beneficially owns 179,241 shares of Oscar Health, Inc. Class A common stock, held directly.
Was the Oscar Health (OSCR) insider sale under a Rule 10b5-1 trading plan?
Yes. The sale was made under a Rule 10b5-1 instruction letter entered into on August 8, 2025, intended to satisfy affirmative defense conditions under Rule 10b5-1(c).
Why did the Oscar Health (OSCR) officer sell shares in this transaction?
The filing states the sale was made to satisfy the reporting person’s tax withholding obligations arising from the vesting of previously granted equity awards.
Who is the reporting person in this Oscar Health (OSCR) Form 4 filing and what is their role?
The reporting person is an officer of Oscar Health, Inc., serving as the company’s Chief Legal Officer.