Blackley Richard Scott 4

What Happened

• Richard Scott Blackley, CFO of Oscar Health, reported gift transactions on 2026-03-12. The filing shows two gift dispositions of 75,000 shares each (total disposed = 150,000 shares) and one gift acquisition of 75,000 shares. All transfers were reported at $0.00 per share (gifts), so no cash changed hands.
• Net effect reported on the Form 4: disposed 150,000 shares and acquired 75,000 shares (net reduction of 75,000 shares held by the reporting form of the position). The filing does not state a dollar sale/purchase value because these were gifts.

Key Details

• Transaction date(s): 2026-03-12; Form 4 filed: 2026-03-16.
• Prices: $0.00 per share for all gift transactions (transaction code G).
• Share counts reported: two disposals of 75,000 shares each; one acquisition of 75,000 shares.
• Shares owned after transaction: not specified in the filing.
• Footnote F1: Shares were gifted to an irrevocable trust for the benefit of a family member of the reporting person who shares the reporting person's household.
• No indication in the filing of an automatic sale, tax withholding, or a 10b5-1 plan.

Context

• Gifts are not purchases or sales for cash and generally do not signal the insider’s view of the company’s stock price; they are often estate-planning or family-wealth transfers.
• The transactions were reported as gifts (code G). For retail investors, purchases and open-market sales typically carry clearer interpretations than transfers to trusts or family members.