Oscar Health (OSCR) director Sid Sankaran receives 858 deferred stock units in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sankaran Sid reported acquisition or exercise transactions in this Form 4 filing.
Oscar Health, Inc. director Sid Sankaran received a grant of 858 deferred stock units on July 9, 2026, as board compensation elected in lieu of cash retainers. Each unit represents a right to receive one share of Class A common stock, valued at $31.20 per unit based on the closing share price on that date. The units are 100% vested on the grant date and will be settled in cash or shares, at the company’s discretion, within 45 days after termination of service, a change in control, death, or disability. Following this award, Sankaran directly holds 2,061 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sankaran Sid
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 858 | $31.20 | $27K |
Holdings After Transaction:
Deferred Stock Unit — 2,061 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: 858 units
Unit valuation price: $31.20 per unit
Deferred stock units after grant: 2,061 units
+1 more
4 metrics
Deferred stock units granted
858 units
Grant to director Sid Sankaran on July 9, 2026
Unit valuation price
$31.20 per unit
Closing price of Class A common stock on July 9, 2026 used to calculate units
Deferred stock units after grant
2,061 units
Total deferred stock units directly held by Sid Sankaran following the transaction
Settlement window
45 days
Period within which units are settled after specified triggering events
Key Terms
Deferred Stock Unit, change in control, Amended and Restated Deferred Compensation Plan for Directors
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.
change in control financial
"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."
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.
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"
FAQ
What did Oscar Health (OSCR) director Sid Sankaran report in this Form 4?
Sid Sankaran reported an award of 858 deferred stock units tied to Oscar Health Class A common stock, received as board compensation in lieu of cash retainer payments on July 9, 2026.
What is the value per deferred stock unit granted to Sid Sankaran at Oscar Health (OSCR)?
Each deferred stock unit was valued at $31.20, equal to the closing price of Oscar Health’s Class A common stock on July 9, 2026, and this price was used to calculate the number of units granted.
How many deferred stock units does Sid Sankaran hold after this Oscar Health (OSCR) transaction?
After the reported grant, Sid Sankaran directly holds 2,061 deferred stock units, each representing a right to receive one share of Oscar Health’s Class A common stock upon settlement events.
How and when will the Oscar Health (OSCR) deferred stock units granted to Sid Sankaran 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.
Are the deferred stock units granted to Oscar Health (OSCR) director Sid Sankaran 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 858 units granted are fully vested immediately.
Why did Oscar Health (OSCR) director Sid Sankaran receive deferred stock units instead of cash?
Sid Sankaran 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.