Form 4: Oscar Health Director Sid Sankaran Reports Gift of Class A Common Stock
SEC Form 4 Filing
Director Sid Sankaran reports a gift of Oscar Health Class A Common Stock, both acquired and disposed of, on February 7, 2025.
Summary
- On February 7, 2025, Sid Sankaran, a director of Oscar Health, Inc., reported a transaction involving Class A Common Stock.
- Mr. Sankaran gifted 295,687 shares of Class A Common Stock.
- The same number of shares, 295,687, were acquired by Victoria Family LLC, where Mr. Sankaran is the Investment Advisor to The Victoria 2020 Trust.
- Following the transaction, Mr. Sankaran directly owns 0 shares and indirectly owns 795,686 shares through Victoria Family LLC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership structure, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 2021/03/17 | Date of Power of Attorney execution. |
| 2025/02/07 | Date of transaction: Gift of Class A Common Stock. |
| 2025/02/11 | Date of report filing. |
Keywords
Form 4, Sid Sankaran, Oscar Health, OSCR, Class A Common Stock, Beneficial Ownership, Director, Victoria Family LLC, Gift
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