Gassen William 4
Research Summary
AI-generated summary
Oscar Health Director William Gassen Receives 8,475 RSU Award
What Happened
- William Gassen, a director of Oscar Health, Inc. (OSCR), received a grant of 8,475 restricted stock units (RSUs) on June 4, 2026. The reported acquisition price is $0.00 (code A — award/grant), so no cash was exchanged.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
- Amount: 8,475 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not reported in the filing.
- Footnote summary: These are RSUs that vest on the earlier of (i) one year after the grant and (ii) the next annual meeting, subject to continued service. Vested RSUs will be settled in Class A common stock upon certain events (e.g., six months after separation, death or disability, or within five days following a change in control).
- Transaction code: A = Award/Grant.
Context
- This is an equity award to a director, not an open-market purchase or sale—common for compensation or retention. RSUs are a contingent right to receive shares under the vesting and settlement terms above, so they do not immediately increase tradable shares outstanding for the insider until settlement.