Oscar Health CFO Richard Scott Blackley sells 31.7K shares at $21.94 avg; scheduled 10b5-1 trade, pre-transaction holdings 1.11M shares
Richard Scott Blackley, Chief Financial Officer of Oscar Health, executed two separate sales totaling 31,683 shares for $695,162.09 on 2026-06-02 under a pre-arranged 10b5-1 trading plan. This represents a 2.9% reduction in his pre-transaction holdings of 1,106,660 shares. The sales are scheduled rather than discretionary, removing timing as a meaningful signal. Across his cross-ticker history, Blackley's 8 prior sells averaged a 90-day post-sale return of +1.6%, though measurable outcomes are not yet available for any of his 5 prior Oscar Health-specific trades. Oscar Health reported strong fundamentals with $4.6B quarterly revenue (+27.5% annual growth) and $679.0M net income, though the company remains unprofitable on a full-year basis.