Form 4: Oscar Health Chief Accounting Officer Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
Oscar Health's Chief Accounting Officer, Victoria Baltrus, reported the disposition of 6,265 Class A common shares to satisfy tax obligations related to restricted stock unit vesting.
Summary
- Victoria Baltrus, Chief Accounting Officer of Oscar Health, Inc. (OSCR), reported a transaction on June 2, 2025.
- The transaction involved the disposition of 6,265 shares of Class A Common Stock.
- These shares were withheld by Oscar Health to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- The price per share for the disposed stock was $13.8.
- Following this transaction, Victoria Baltrus beneficially owns 213,865 shares of Class A Common Stock.
- The filing was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged transaction.
Sentiment
Score: 5
Explanation: The document is a routine compliance filing (Form 4) detailing a standard insider stock transaction for tax withholding purposes. It does not contain information that would significantly alter the sentiment towards the company, hence a neutral score.
Positives
- The transaction represents a routine and expected event related to the vesting of restricted stock units, indicating the fulfillment of compensation agreements.
- The beneficial ownership of 213,865 shares by the Chief Accounting Officer demonstrates continued alignment of interests with shareholders.
Negatives
- The disposition of shares, even for tax purposes, reduces the direct ownership stake of the reporting person, though this is a standard practice for RSU vesting.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This Form 4 filing is a routine disclosure of an insider stock transaction, common across all publicly traded companies when executives' restricted stock units vest and shares are withheld for tax purposes. It does not provide specific insights into broader industry trends in the healthcare or insurance sectors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Establishment | Victoria Baltrus granted a Power of Attorney to specific individuals (R. Scott Blackley, Ranmali Bopitiya, Melissa Curtin, Allein Sabel) to prepare, execute, and file SEC forms (Form ID, Schedule 13D/13G, Forms 3, 4, and 5) on her behalf, ensuring compliance with Section 13 and Section 16 of the Securities Exchange Act of 1934. | 2022-02-08 | This establishes a formal mechanism for timely and accurate SEC filings for insider transactions, enhancing compliance and administrative efficiency for the reporting person. |
Stakeholder Impact
- Shareholders: The transaction is a routine event and is unlikely to have a material impact on shareholders. It reflects a standard compensation practice.
- Employees (specifically Victoria Baltrus): The transaction represents the vesting of equity compensation, a positive event for the employee as it converts RSUs into shares and covers tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 2022-02-08 | Date Power of Attorney was executed by Victoria Baltrus. |
| 2025-06-02 | Date of the reported transaction (disposition of shares). |
| 2025-06-04 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Oscar Health, OSCR, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Compensation, Victoria Baltrus, Chief Accounting Officer
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