Form 4: Oscar Health CLO Sells Shares for Tax Obligations
Insider Transaction Report
Oscar Health's Chief Legal Officer, Adam McAnaney, disposed of 1,845 shares of Class A Common Stock to cover tax obligations related to RSU vesting.
Summary
- Adam McAnaney, Chief Legal Officer of Oscar Health, Inc. (OSCR), reported a transaction involving Class A Common Stock.
- On September 2, 2025, 1,845 shares were disposed of at a price of $16.66 per share.
- This disposition was a 'sell to cover' transaction, where shares were withheld by the Issuer to satisfy tax withholding obligations incident to the vesting of restricted stock units (RSUs).
- Following this transaction, Adam McAnaney beneficially owns 181,093 shares of Class A Common Stock.
- The reported beneficial ownership includes shares to be issued in connection with the vesting of one or more restricted stock units.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment towards the company's performance or prospects.
Future Outlook
This filing is a routine insider transaction report and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a standard insider transaction filing (Form 4) reporting a 'sell to cover' event for tax purposes, which is common practice across all industries when restricted stock units vest for executives. It does not provide specific insights into broader industry trends or competitive positioning for Oscar Health.
Stakeholder Impact
- Shareholders: The transaction is a routine 'sell to cover' for tax purposes and is unlikely to have a significant impact on existing shareholders or the company's stock price.
- Employees: No direct impact on employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 09/02/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 09/04/2025 | Date the Form 4 was signed and filed. |
Keywords
Oscar Health, OSCR, Form 4, Insider Transaction, Stock Sale, RSU, Tax Withholding, Chief Legal Officer
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