Blackley Richard Scott sold $695K of OSCR
Blackley Richard Scott (Chief Financial Officer) sold 31,683 shares of Oscar Health, Inc. (OSCR) at an average of $21.94 ($21.74–$22.45, $0.70M total) across 2 trades on 2026-06-02 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The transaction provides fresh data on insider sentiment and may influence short‑term price dynamics.
Market read
First‑report insider sale; modest size but notable due to CFO involvement.
What to watch
The CFO may be diversifying holdings; the company has not disclosed any operational issues.
Background
SEC Form 4 filing discloses an insider transaction by Oscar Health's CFO.
Ticker impact
CFO Blackley Richard Scott sold 31,683 shares for $695K via a 10b5-1 plan, reducing his stake to 1,074,977 shares.
likely pressure as the market prices in the CFO's sell-off
A $695K sale by the CFO is a material insider transaction that can be interpreted as a negative signal, especially given the recent price range.
Market effects
Minimal impact on the health‑tech sector; the sale is company‑specific.
No broader regional effect.
Limited to Oscar Health investors.
Counterpoint
The sale could be a routine portfolio rebalancing under a pre‑arranged 10b5‑1 plan, not a negative signal.
Key entities
- companyOscar Health, Inc.
US‑listed health‑tech insurer (ticker OSCR).
- personBlackley Richard Scott
Chief Financial Officer of Oscar Health.
