Director David Plouffe granted 8,475 RSUs at Oscar Health (OSCR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plouffe David reported acquisition or exercise transactions in this Form 4 filing.
Oscar Health, Inc. reported that director David Plouffe received a grant of 8,475 restricted stock units (RSUs) tied to its Class A common stock. Following this equity award, his reported direct holdings total 137,121 shares.
The RSUs vest on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting, assuming continued service. Once vested, they are settled in Class A shares upon specified events such as separation from service, death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Plouffe David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,475 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 137,121 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,475 RSUs
Holdings after transaction: 137,121 shares
Grant price per share: $0.0000 per share
3 metrics
RSUs granted
8,475 RSUs
Equity award to director David Plouffe
Holdings after transaction
137,121 shares
Class A common stock directly owned after grant
Grant price per share
$0.0000 per share
Reported transaction price for RSU grant
Key Terms
restricted stock units ("RSUs"), Class A common stock, change in control
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A common stock financial
"receive one share of Oscar Health, Inc. (the "Issuer") Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
change in control financial
"within five days following a change in control of the Issuer"
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.
FAQ
What insider transaction did Oscar Health (OSCR) disclose for David Plouffe?
Oscar Health disclosed that director David Plouffe received a grant of 8,475 restricted stock units (RSUs). These RSUs represent potential future shares of Class A common stock, awarded as part of his director compensation rather than an open-market purchase.
When do David Plouffe’s RSUs from Oscar Health (OSCR) vest?
The RSUs vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders. Vesting is conditioned on David Plouffe’s continued service as a director through the applicable vesting date.
What does each RSU granted to David Plouffe by Oscar Health (OSCR) represent?
Each RSU represents a contingent right to receive one share of Oscar Health Class A common stock. Delivery of the actual shares occurs after vesting and upon specified events such as separation from service, death, disability, or a change in control.
How and when will David Plouffe’s vested Oscar Health (OSCR) RSUs be settled?
Once vested, the RSUs are settled in Class A common shares on the earliest of the six-month anniversary of his separation from service, his death or disability, or within five days after a change in control of Oscar Health.