Form 4: Oscar Health Director Elbert O. Robinson Jr. Sells $410,750 in Class A Common Stock

Director Elbert O. Robinson Jr. sold 25,000 shares of Oscar Health's Class A Common Stock at a weighted average price of $16.43 on May 12, 2025.

Summary

• On May 12, 2025, Elbert O. Robinson Jr., a director of Oscar Health, Inc., sold 25,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $16.43 per share.
• The total value of the shares sold amounts to approximately $410,750.
• Following the transaction, Robinson directly owns 64,512 shares of Oscar Health's Class A Common Stock, which includes shares to be issued in connection with the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This transaction is a routine disclosure of stock sales by a company insider, as required by SEC regulations. It provides transparency into the trading activities of key personnel within Oscar Health.

Stakeholder Impact

• The sale of shares by a director could be perceived differently by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a personal financial decision.

Key Dates

Keywords

Oscar Health, OSCR, Form 4, Elbert O. Robinson Jr., Stock Sale, Director, Class A Common Stock, Securities Exchange Act