Sankaran Sid 4

What Happened Sankaran Sid, a director of Oscar Health, was granted 8,475 restricted stock units (RSUs) on 2026-06-04. The Form 4 shows an acquisition at $0.00 per share (award), so there was no cash paid at grant and the immediate reported value is $0. The RSUs represent contingent rights to receive one share of Oscar Health Class A common stock upon vesting.

Key Details

• Transaction date: 2026-06-04; Form 4 filed 2026-06-08 (timely under the two-business-day rule).
• Grant: 8,475 RSUs @ $0.00 (award). Immediate cash value reported: $0.
• Vesting/settlement (per filing footnote): RSUs vest on the earlier of (i) one-year anniversary of grant or (ii) the next annual meeting of stockholders, subject to continued service. Vested RSUs settle in Class A shares on the earlier of (i) six months after separation from service (or death/disability) or (ii) within five days following a change in control.
• Shares owned after the transaction: not specified in this Form 4.
• Related disclosure: a footnote notes Victoria Family LLC holdings and that Mr. Sankaran, as investment adviser to The Victoria 2020 Trust, disclaims beneficial ownership of shares held of record by that entity except to the extent of his pecuniary interest.

Context This is a director compensation award (an equity grant), not an open-market purchase or sale. RSU grants require continued service to vest and do not reflect an immediate cash investment or liquidation by the insider. Such grants are common for director pay and should be interpreted as compensation rather than a direct buy/sell signal.