secwatch.observer — SEC 8-K summary
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Issuer:     Oscar Health, Inc. (OSCR)
CIK:        0001568651
Form:       8-K
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0001193125-25-335294
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Oscar Health amends CEO Bertolini's employment agreement; $45M equity grant, base salary $1.3M
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- New term from Dec 22, 2025 to Apr 1, 2029, with automatic one-year renewals unless either party elects not to extend.
- Annual base salary set at $1.3M; target bonus increased to 150% of base starting in 2026.
- $45M in RSU awards granted Q1 2026: 50% time-vesting over three years, 50% performance-based.
- Enhanced severance: 1.5x cash multiplier and 18 months of healthcare upon without-cause or good reason termination.
- Mr. Bertolini not eligible for other long-term equity awards until calendar year 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568651/000119312525335294/0001193125-25-335294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568651/000119312525335294/d97018d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-335294

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