Quick Takeaways
- This page summarizes Sid Sankaran's Form 4 filing for Oscar Health, Inc. (OSCR).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 05 Jun 2023, 17:32.
Sid Sankaran - 01 Jun 2023 Form 4 Insider Report for Oscar Health, Inc. (OSCR)
- Signature
- /s/ Melissa Curtin, Attorney-in-Fact
- Issuer symbol
- OSCR
- Transactions as of
- 01 Jun 2023
- Net transactions value
- -$985,456
- Form type
- 4
- Filing time
- 05 Jun 2023, 17:32:47 UTC
- Previous filing
- 03 Mar 2023
- Next filing
- 06 Sep 2023
- SEC
- View on sec.gov
Quoteable Key Fact
"Sid Sankaran filed Form 4 for Oscar Health, Inc. (OSCR) on 05 Jun 2023."
What Changed
- Previous filing in this sequence was filed on 03 Mar 2023.
- Current net transaction value: -$985,456.
Why This Matters
- 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.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
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
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of Class A common stock. |
| 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. |
| 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. |
| F4 | The restricted stock units vest in four equal quarterly installments over the one-year period beginning December 1, 2022. |