Blackley Richard Scott 4
Research Summary
AI-generated summary
Oscar Health (OSCR) CFO Richard Blackley Sells 100,000 Shares
What Happened Richard Scott Blackley, Chief Financial Officer of Oscar Health (OSCR), sold a total of 100,000 shares in open-market transactions on May 14, 2026, for aggregate proceeds of approximately $2,316,031. The sale consisted of 91,259 shares at a weighted-average price of $23.10 (proceeds $2,108,083) and 8,741 shares at a weighted-average price of $23.79 (proceeds $207,948). These were dispositions (sales), not purchases.
Key Details
- Transaction date: May 14, 2026.
- Breakdown & prices: 91,259 shares @ $23.10 (≈ $2,108,083); 8,741 shares @ $23.79 (≈ $207,948); total ≈ $2,316,031.
- Price ranges: sales occurred in multiple trades with prices reported in ranges of $22.68–$23.67 and $23.68–$24.09 (weighted averages reported; the filer can provide per-trade prices on request).
- Plan: Transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted February 12, 2026.
- Ownership reporting: The filing notes that reported ownership figures may include shares to be issued upon vesting of restricted stock units (RSUs). The excerpt provided does not state the exact number of shares owned after the trades.
- Timeliness: Report filed May 18, 2026 for a May 14 transaction — consistent with the Form 4 two-business-day filing deadline.
Context
- These were planned sales under a 10b5‑1 plan, which is a prearranged program that allows insiders to sell shares at predetermined times and is commonly used to avoid appearance of trading on inside information. Sales are often routine and do not necessarily signal negative views about the company.
- No options were exercised and no gifts or purchases were involved in this report; it documents outright sales only.