Sid Sankaran - 01 Jun 2023 Form 4 Insider Report for Oscar Health, Inc. (OSCR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Jun 2023, 17:32:47 UTC
Prior SEC filing
03 Mar 2023
Next SEC filing
06 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Melissa Curtin, Attorney-in-Fact

Key filing fact

Sid Sankaran filed Form 4 for Oscar Health, Inc. (OSCR) on 05 Jun 2023.

Key facts

  • This page summarizes Sid Sankaran's Form 4 filing for Oscar Health, Inc. (OSCR).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Jun 2023, 17:32.

Change

  • Previous filing in this sequence was filed on 03 Mar 2023.
  • Current net transaction value: -$985,456.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OSCR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+227,848
Change %
+194%
Price
Shares after
345,300
Date
01 Jun 2023
Ownership
Direct
Footnotes
F1
OSCR transaction

Class A Common Stock

Sale

Transaction value
$985,456
Shares
-137,826
Change %
-40%
Price
$7.15
Shares after
207,474
Date
02 Jun 2023
Ownership
Direct
Footnotes
F2
OSCR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
499,999
Date
01 Jun 2023
Ownership
By Victoria Family LLC
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OSCR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-227,848
Change %
-33%
Price
$0.000000
Shares after
455,696
Date
01 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
227,848
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Class A common stock.

Footnote F2

The sale was effected pursuant to a Rule 10b5-1 instruction letter to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

Footnote F3

Victoria Family LLC is wholly owned by the fiduciaries of The Victoria 2020 Trust. Mr. Sankaran is the Investment Adviser to The Victoria 2020 Trust. Mr. Sankaran disclaims beneficial ownership of the shares held of record by Victoria Family LLC except to the extent of his pecuniary interest therein.

Footnote F4

The restricted stock units vest in four equal quarterly installments over the one-year period beginning December 1, 2022.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .