Form 4: Oscar Health Director Jeffrey Boyd Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Jeffrey Boyd reports the acquisition of 8,974 restricted stock units (RSUs) in Oscar Health, Inc.

Summary

  • On June 6, 2024, Jeffrey H. Boyd, a director of Oscar Health, Inc., acquired 8,974 shares of Class A Common Stock in the form of restricted stock units (RSUs).
  • The RSUs were acquired at a price of $0.00.
  • Following the transaction, Boyd directly owns 114,512 shares of Oscar Health, Inc. Class A Common Stock.
  • The RSUs vest on the earlier of the one-year anniversary of the grant date or the date of the next annual meeting of stockholders, subject to continued service.
  • Vested RSUs will be settled in shares of Class A common stock within 45 days following separation from service, a change in control, death, or disability.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting a standard transaction. There is no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider activity.
  • It may have a minor impact on shareholder confidence depending on how the market interprets the insider's actions.

Key Dates

DateDescription
2021-03-17Date of Power of Attorney execution.
2024-06-06Date of transaction: acquisition of restricted stock units.
2024-06-10Date of Form 4 signature.

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