Oscar Health (NYSE: OSCR) director takes fees in 3,610 deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOYD JEFFERY H reported acquisition or exercise transactions in this Form 4 filing.
Oscar Health, Inc. director Jeffery H. Boyd received a grant of 3,610 deferred stock units as compensation for board service. Each unit represents the right to receive one share of Class A common stock and was valued at $14.54, the closing share price on April 9, 2026.
The grant was taken in lieu of cash retainer payments under the company’s deferred compensation plan for directors. The deferred stock units will be settled in cash or shares, at the company’s discretion, within 45 days after events such as termination of service, a change in control, death, or disability. Following this grant, Boyd holds 69,858 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOYD JEFFERY H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 3,610 | $14.54 | $52K |
Holdings After Transaction:
Deferred Stock Unit — 69,858 shares (Direct)
Footnotes (1)
- Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock. 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. 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.
Key Figures
Deferred stock units granted: 3,610 units
Reference share price: $14.54 per unit
Total deferred stock units held: 69,858 units
+2 more
5 metrics
Deferred stock units granted
3,610 units
Grant to director on April 9, 2026
Reference share price
$14.54 per unit
Closing price of Class A common stock on April 9, 2026
Total deferred stock units held
69,858 units
Holdings following the reported grant
Unit-to-share ratio
1 unit = 1 share
Each deferred stock unit equals one Class A common share
Settlement window
45 days
Settlement after termination, change in control, death, or disability
Key Terms
Deferred Stock Unit, Amended and Restated Deferred Compensation Plan for Directors, change in control, cash retainer payments
4 terms
Deferred Stock Unit financial
"Each deferred stock unit represents a right to receive one share of the Issuer's Class A common stock."
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Amended and Restated Deferred Compensation Plan for Directors financial
"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"
change in control regulatory
"within 45 days of the first to occur of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
cash retainer payments financial
"deferred stock units issued in lieu of a cash retainer payment are 100% vested on the grant date."
FAQ
What did Oscar Health (OSCR) director Jeffery H. Boyd report in this Form 4?
Jeffery H. Boyd reported receiving a grant of 3,610 deferred stock units of Oscar Health. These units were issued as board compensation in lieu of a cash retainer and are tied to the company’s Class A common stock at a reference price of $14.54.
What is a deferred stock unit in the context of Oscar Health (OSCR)?
A deferred stock unit is a right to receive one share of Oscar Health Class A common stock or cash of equivalent value. Settlement occurs later, based on specific events, allowing directors to defer compensation rather than receiving immediate cash payments for their board service.
How and when will Jeffery H. Boyd’s Oscar Health deferred stock units be settled?
The deferred stock units will be settled for cash or shares, at Oscar Health’s discretion, within 45 days after the earliest of termination of service, a change in control, death, or disability. This structure defers actual payout until one of these defined events occurs.
How was the number of 3,610 deferred stock units for Oscar Health (OSCR) calculated?
The 3,610 deferred stock units were calculated using the $14.54 closing price of Oscar Health’s Class A common stock on April 9, 2026. This price converted Boyd’s elected cash retainer into an equivalent number of deferred stock units under the director compensation plan.
How many Oscar Health deferred stock units does Jeffery H. Boyd hold after this transaction?
After this grant, Jeffery H. Boyd directly holds 69,858 deferred stock units tied to Oscar Health Class A common stock. Each unit represents a future right to receive cash or one share, providing deferred, stock-linked compensation for his ongoing service on the board.
Why did Jeffery H. Boyd take Oscar Health (OSCR) board fees as deferred stock units?
Boyd elected under Oscar Health’s Amended and Restated Deferred Compensation Plan for Directors to receive deferred stock units instead of cash retainer payments. This election converts cash compensation into stock-linked units, aligning his board compensation with the company’s share performance over time.