Oscar Health Insider RSU Withholding: 7,303 Shares at $16.66

Rhea-AI Filing Summary

Janet Liang, President of Oscar Insurance and a reporting person for Oscar Health, Inc. (OSCR), reported changes in her beneficial ownership on a Form 4. On 09/02/2025 she had 7,303 shares of Class A common stock disposed under transaction code F at a price of $16.66 per share; the filing explains these shares were withheld by the issuer to satisfy tax withholding arising from the vesting of restricted stock units (RSUs). After the reported transaction(s), Ms. Liang beneficially owns 179,865 shares of Class A common stock, which includes shares to be issued in connection with the vesting of one or more RSUs. The Form 4 is signed by an attorney-in-fact on 09/04/2025.

Positive

• RSU vesting disclosed with issuer withholding 7,303 shares to satisfy tax obligations
• Beneficial ownership quantified at 179,865 shares following the transaction, including shares to be issued on vesting

Negative

• Disposition of 7,303 shares reported at a price of $16.66 per share (transaction code F)

Insights

Securities Analyst

TL;DR: A routine RSU vesting triggered issuer withholding and a small disposition of 7,303 shares at $16.66; ownership remains 179,865 shares.

The reported transaction is coded F, consistent with shares withheld by the issuer to satisfy tax obligations on vested RSUs rather than an open-market sale. The quantity withheld, 7,303 shares, and the $16.66 price point are disclosed explicitly. Beneficial ownership following the withholding is reported as 179,865 shares, which the filer notes includes shares to be issued upon additional RSU vesting. For investors, this filing documents equity compensation mechanics and net share counts but does not by itself indicate a voluntary liquidity event or change in control.

Corporate Governance Expert

TL;DR: Filing documents standard tax-withholding on RSU vesting; disclosure is appropriate and routine.

This Form 4 reflects customary insider reporting when restricted stock units vest and the issuer withholds shares for taxes. The explicit explanation that withheld shares satisfy tax withholding obligations clarifies the nature of the disposition. The signature by an attorney-in-fact is provided and dated, meeting signature conventions. There are no disclosures of additional derivative transactions, option exercises, or changes in officer status in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Liang Janet

(Last) (First) (Middle)

75 VARICK STREET, 5TH FLOOR

(Street)

NEW YORK NY 10013

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Oscar Health, Inc. [ OSCR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Oscar Insurance

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/02/2025		F		7,303(1)	D	$16.66	179,865(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of Class A common stock withheld by the Issuer to satisfy tax withholding obligations incident to vesting of restricted stock units("RSUs").

2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

Remarks:

	/s/ Melissa Curtin, Attorney-in-fact	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Janet Liang report on Form 4 for OSCR?

The Form 4 reports a disposition of 7,303 shares of Class A common stock on 09/02/2025 under transaction code F, at a price of $16.66 per share.

Why were 7,303 shares disposed according to the filing?

The filing states those shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs).

How many shares does Janet Liang beneficially own after the transaction?

She beneficially owns 179,865 shares of Class A common stock after the reported transaction(s), which includes shares to be issued upon vesting of one or more RSUs.

What does transaction code F mean on this Form 4?

In this filing, transaction code F is used in conjunction with the transaction and the filer explains it reflects shares withheld by the issuer to satisfy tax withholding on RSU vesting.

Who signed the Form 4 and when?

The Form 4 is signed by Melissa Curtin, Attorney-in-fact on 09/04/2025.