Form 4: Oscar Health Executive Mario Schlosser Reports Acquisition of Restricted Stock Units
SEC Form 4
Mario Schlosser, President of Technology & CTO at Oscar Health, reports the acquisition of restricted stock units and an adjustment to his holdings of Class A Common Stock.
Summary
- On March 5, 2025, Mario Schlosser, President of Technology & CTO of Oscar Health, Inc., acquired 172,269 shares of Class A Common Stock.
- These shares were obtained through restricted stock units.
- The restricted stock units will vest quarterly in 12 equal installments starting June 1, 2025, contingent upon continuous service.
- Following the transaction, Schlosser's direct ownership of Class A Common Stock is 375,966 shares, which includes shares to be issued in connection with the vesting of one or more restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock ownership changes. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The restricted stock units will vest quarterly in 12 equal installments beginning on June 1, 2025, subject to the reporting person's continuous service through each vesting date.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the holdings of key personnel and aligns their interests with those of shareholders.
Stakeholder Impact
- The transaction increases the executive's stake in the company, aligning his interests with those of shareholders.
- The vesting schedule incentivizes the executive to remain with the company.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Acquisition of restricted stock units. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
| 06/01/2025 | First vesting date for the restricted stock units, with quarterly installments thereafter. |
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