The CFO's open-market sale without a 10b5-1 plan is a material signal, especially when combined with a Director's concurrent sale. Monitor for upcoming earnings or material news that may have prompted the selling. The cluster's size (~0.58% of market cap) is modest but notable; watch for additional insider filings in the next 30 days for confirmation.
Price Chart
Executive Summary
Two Oscar Health insiders — CFO Richard Scott Blackley and Director Mario Schlosser — sold a combined $1.90M in open-market sales at ~$31.45/share over Aug 27–Sep 3, 2026. The CFO's $908K sale and the Director's $988K sale represent ~0.58% of the company's ~$326M market cap, a modest but notable cluster. No 10b5-1 plan is indicated, and the CFO's participation elevates the signal, though the dollar amount is not large enough to be highly material.
Key Financial Metrics
Key Facts
- CFO Richard Scott Blackley sold 28.9K shares for $908K on 2026-09-03 at $31.45.
- Director Mario Schlosser sold 31.4K shares for $988K on 2026-09-03 at $31.45.
- Total cluster value: $1.90M, representing ~0.58% of the ~$326M market cap.
- Both sales are open-market (code S) with no disclosed 10b5-1 plan, increasing the likelihood of informed selling.
- The cluster includes a C-suite officer (CFO), which amplifies the bearish signal per academic literature.
Financial Impact
Total insider sales of $1.90M, or ~0.58% of market cap.
Risk Factors
- Insider sales may be liquidity-driven despite no 10b5-1 disclosure, reducing the bearish signal's strength.
- The cluster is small relative to market cap; a single CFO sale does not guarantee a negative catalyst.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OSCR-1788898628756 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | SC 13D/A | $31.29 | awaiting T+60 | — | $31.35 (+0.19%) |
Sep 16, 2026 5w ago | 8-K | $32.34 | awaiting T+60 | — | $31.35 (−3.06%) |
Sep 8, 2026 7w ago | Insider Cluster | $31.76 | awaiting T+60 | — | $31.35 (+1.29%) |
Aug 18, 2026 10w ago | 144 | $32.30 | awaiting T+60 | — | $31.35 (+2.94%) |
Aug 10, 2026 11w ago | 144 | $27.97 | awaiting T+60 | — | $31.35 (+12.08%) |
Jul 6, 2026 16w ago | Insider Cluster | $31.12 $30.84 | ▲ +0.90% | ▲ +3.15% | $31.35 (−0.74%) |
Jul 1, 2026 16w ago | Insider Cluster | $32.18 $29.65 | ▲ +7.86% | ▲ +10.91% | $31.35 (+2.58%) |
Jun 11, 2026 19w ago | Institutional Cluster | $28.91 $33.01 | ▲ +14.18% | ▲ +10.36% | $31.35 (+8.44%) |
Jun 8, 2026 20w ago | 8-K | $27.39 $30.33 | ▲ +10.73% | ▲ +7.22% | $31.35 (+14.46%) |
Jun 4, 2026 20w ago | Insider Cluster | $24.51 $29.83 | ▲ +21.71% | ▲ +18.42% | $31.35 (+27.91%) |
US Market Status
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