Form 4: Oscar Health Executive Mario Schlosser Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Mario Schlosser, President of Technology & CTO of Oscar Health, Inc., disposed of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 1, 2025, Mario Schlosser, President of Technology & CTO of Oscar Health, Inc., disposed of 7,970 shares of Class A Common Stock to satisfy tax withholding obligations.
- The shares were sold at a price of $14.61 per share.
- Following the transaction, Schlosser beneficially owns 203,697 shares, which includes 115,294 shares to be issued upon vesting of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of the company's overall performance or future prospects.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: disposal of shares to cover tax obligations. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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