CFO's repeated insider selling (three separate transactions in May 2026 plus this new intent) creates a negative signal. Monitor for any Form 4 filings confirming execution. The selling pattern may indicate insider caution ahead of Q2 results or a perceived peak in valuation. Consider reducing position or setting tight stops.
Price Chart
Executive Summary
Oscar Health CFO Richard Scott Blackley filed a Form 144 on June 2, 2026, indicating intent to sell 34,808 shares of common stock (~$774K at the filing date). The shares stem from restricted stock unit vesting under a registered plan. Blackley has sold ~$5.5M worth of stock in the prior 90 days (including a 110,000-share sale on May 18). While the dollar amount is modest relative to the $6.9B market cap, the CFO's repeated selling pattern warrants attention.
Key Facts
- CFO Richard Scott Blackley filed Form 144 to sell 34,808 shares of common stock.
- Estimated proceeds: ~$773,782 based on filing date price.
- Shares originate from RSU vesting under a registered plan on June 1, 2026.
- Blackley has sold ~$5.5M in stock over the prior 90 days, including 110,000 shares on May 18, 2026.
- The filing is an advance notice of intent to sell; the actual sale may or may not occur.
Financial Impact
~$774K proposed sale; cumulative insider selling ~$5.5M over 90 days
Risk Factors
- Form 144 is only an intent to sell — the sale may not be executed.
- RSU vesting sales are often pre-planned under 10b5-1 plans; this may be routine portfolio diversification.
- The company's strong historical performance (avg +25% T+20 on prior reports) may continue despite insider selling.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001193125-26-253471 |
| Document: 0001193125-26-253471-index.html | 0001193125-26-253471 |
| Document: 0001193125-26-253471.txt | 0001193125-26-253471 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 16d ago | 8-K | $32.34 $31.29 | ▼ −3.25% | ▼ −6.08% | $30.90 (−4.47%) |
Aug 18, 2026 6w ago | 144 | $32.30 $31.24 | ▲ +3.28% | ▲ +2.89% | $30.90 (+4.35%) |
Aug 10, 2026 7w ago | 144 | $27.97 $31.28 | ▲ +11.83% | ▲ +12.24% | $30.90 (+10.46%) |
Jul 6, 2026 12w ago | Insider Cluster | $31.44 $30.54 | ▲ +2.86% | ▲ +3.35% | $30.90 (+1.73%) |
Jul 1, 2026 13w ago | Insider Cluster | $31.90 $31.12 | ▲ +2.45% | ▲ +2.71% | $30.90 (+3.15%) |
Jun 11, 2026 16w ago | Institutional Cluster | $28.91 $28.27 | ▼ −2.21% | ▼ −2.65% | $30.90 (+6.87%) |
Jun 8, 2026 16w ago | 8-K | $27.39 $29.14 | ▲ +6.39% | ▲ +4.28% | $30.90 (+12.80%) |
Jun 4, 2026 17w ago | Insider Cluster | $24.51 $28.26 | ▲ +15.30% | ▲ +14.73% | $30.90 (+26.05%) |
Jun 2, 2026 17w ago | 144 | $20.50 $27.85 | ▼ −35.85% | ▼ −39.67% | $30.90 (−50.71%) |
Jun 2, 2026 17w ago | 8-K | $21.14 $27.22 | ▲ +28.76% | ▲ +31.73% | $30.90 (+46.14%) |
US Market Status
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