Form 4: Oscar Health CFO Richard Blackley Reports Acquisition of 103,426 Shares of Class A Common Stock

Richard Scott Blackley, CFO of Oscar Health, reports the acquisition of 103,426 shares of Class A Common Stock on March 5, 2025, bringing his total holdings to 1,432,520 shares.

Summary

• On March 5, 2025, Richard Scott Blackley, the Chief Financial Officer of Oscar Health, Inc. (OSCR), acquired 103,426 shares of Class A Common Stock.
• The acquisition was made at a price of $0.00 per share.
• These shares were obtained through restricted stock units that will vest quarterly in 12 equal installments starting June 1, 2025, contingent upon continuous service.
• Following the transaction, Blackley's total beneficial ownership in Oscar Health amounts to 1,432,520 shares, including shares to be issued upon the vesting of restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment but suggests confidence from the CFO.

Positives

• The acquisition of shares by a key executive could be interpreted positively, signaling confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest quarterly in 12 equal installments beginning on June 1, 2025, subject to continuous service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.

Stakeholder Impact

• The acquisition of shares by the CFO may positively influence shareholder sentiment.

Key Dates