Oscar Health (OSCR) CEO Mark Bertolini awarded 1.6M restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bertolini Mark T reported acquisition or exercise transactions in this Form 4 filing.
Oscar Health, Inc. reported that Chief Executive Officer Mark T. Bertolini received an award of 1,596,877 shares of Class A common stock in the form of restricted stock units at a price of $0.00 per share. These units will vest in three equal annual installments beginning on March 2, 2027, as long as he continues serving as CEO or as a board member through each vesting date. After this grant, he beneficially owns 4,463,543 shares of Class A common stock, which includes shares that may be issued upon future vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bertolini Mark T
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,596,877 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,463,543 shares (Direct)
Footnotes (1)
- The shares represent restricted stock units, which will vest in three equal annual installments beginning on March 2, 2027, subject to the Reporting Person's continued employment or service as the Chief Executive Officer or as a member of the Board of Directors through the applicable vesting date. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
FAQ
What did Oscar Health (OSCR) disclose about Mark Bertolini’s latest equity award?
Oscar Health disclosed that CEO Mark T. Bertolini received 1,596,877 restricted stock units of Class A common stock at $0.00 per share. The award is structured as a long-term incentive and will vest over multiple years if he continues in leadership roles.
How do Mark Bertolini’s new restricted stock units vest at Oscar Health (OSCR)?
The 1,596,877 restricted stock units granted to Mark Bertolini vest in three equal annual installments starting March 2, 2027. Vesting requires his continued employment as Chief Executive Officer or service on the Board of Directors through each scheduled vesting date.
What is Mark Bertolini’s total reported ownership in Oscar Health (OSCR) after this Form 4?
After this grant, Mark Bertolini is reported to beneficially own 4,463,543 shares of Oscar Health Class A common stock. This figure includes shares that may be issued in the future upon the vesting of one or more outstanding restricted stock unit awards.
What roles must Mark Bertolini hold for his Oscar Health (OSCR) RSUs to vest?
For the restricted stock units to vest, Mark Bertolini must remain either Chief Executive Officer or a member of the Board of Directors. Continued service in one of these roles through each vesting date is required for the annual installments to be delivered.
Does the Oscar Health (OSCR) filing mention other restricted stock units for Mark Bertolini?
Yes, the filing notes that his reported beneficial ownership includes shares to be issued upon the vesting of one or more restricted stock units. This means some of the 4,463,543 reported shares reflect future issuances tied to outstanding equity awards.