Gassen William 4
4 · Oscar Health, Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Oscar Health Director William Gassen Receives 1,418 Deferred Shares
What Happened
William Gassen, a director of Oscar Health, was granted 1,418 deferred stock units on April 9, 2026. The units were priced at $14.54 each (closing price on 4/9/2026), for a total reported value of $20,618. The grant was made under the company’s director deferred compensation plan as an award in lieu of cash retainer and is coded as an award/grant (Transaction Code A).
Key Details
- Transaction date: 2026-04-09; Form 4 filed 2026-04-13 (timely filed within required business days).
- Units granted: 1,418 deferred stock units at $14.54 each; total reported value $20,618.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- Each deferred stock unit represents a right to receive one share of Class A common stock.
- These units will be settled for cash or shares at the issuer’s discretion within 45 days of the first of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability. Units issued in lieu of cash retainer are 100% vested on the grant date.
- The reporting person elected deferred stock units instead of cash retainer; the closing price on 4/9/2026 was used to calculate the number of units.
Context
Deferred stock units are a form of compensation (a derivative award) rather than an open-market purchase or sale. They are common for directors taking retainer in equity and, while they increase potential future share exposure, settlement (cash or shares) depends on plan terms and qualifying events and does not by itself indicate a buy/sell sentiment.
Insider Transaction Report
- Award
Deferred Stock Unit
[F1][F3][F2]2026-04-09$14.54/sh+1,418$20,618→ 6,387 total→ Class A Common Stock (1,418 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 April 9, 2026, which price was used to calculate the number of deferred stock units issued to the Reporting Person.