Sankaran Sid 4
4 · Oscar Health, Inc. · Filed Jul 13, 2026
Research Summary
AI-generated summary of this filing
Oscar Health (OSCR) Director Sankaran Sid Receives Deferred Stock Units
What Happened
Sankaran Sid, a director of Oscar Health, received a grant of 858 deferred stock units (DSUs) on July 9, 2026. The units were valued using the closing price of OSCR Class A common stock on that date ($31.20), giving an aggregate value of approximately $26,770. This was an award (grant) issued in lieu of a cash board retainer and is reported as a derivative instrument.
Key Details
- Transaction date and terms: July 9, 2026 — 858 deferred stock units at $31.20 per unit (total ~$26,770). Transaction coded as an award/grant (derivative).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes summary:
- Each DSU represents a right to receive one share of Class A common stock (F1).
- DSUs will be settled for cash or shares, at the company’s discretion, within 45 days of the first of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability. DSUs issued in lieu of a cash retainer are 100% vested on the grant date (F2).
- The reporting person elected DSUs instead of cash retainer under the company’s deferred compensation plan; the unit count was calculated using the July 9, 2026 closing price (F3).
- Filing timeliness: Reported on July 13, 2026 for a July 9 transaction; filing appears timely (filed within required two business days).
Context
Deferred stock units are a non-cash award that give the recipient a future right to receive shares or cash rather than an immediate open-market purchase or sale. Because these DSUs were issued in lieu of a cash retainer and are 100% vested on grant, they represent immediate economic value to the director but do not necessarily signal the director buying or selling shares based on market views.
Insider Transaction Report
- Award
Deferred Stock Unit
[F1][F3][F2]2026-07-09$31.20/sh+858$26,770→ 2,061 total→ Class A Common Stock (858 underlying)
Footnotes (3)
- [F1]Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock.
- [F2]The deferred stock units will be settled for cash or shares of Class A common stock, in the Issuer's discretion, within 45 days of the first to occur of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability. Deferred stock units issued in lieu of a cash retainer payment are 100% vested on the grant date.
- [F3]The Reporting Person elected, pursuant to the Issuer's Amended and Restated Deferred Compensation Plan for Directors, to receive deferred stock units in lieu of cash retainer payments for service on the Issuer's board of directors. The price of the deferred stock units reported herein represents the closing price of the Issuer's Class A common stock on July 9, 2026, which price was used to calculate the number of deferred stock units issued to the Reporting Person.