Insider Trading June 4, 2026 05:16 PM

Oscar Health Executive Victoria Baltrus Liquidates Shares Under Pre-Arranged Plan

CAO's recent divestment coincides with recent earnings strength and analyst upgrades, though stock has seen short-term volatility.

By Jordan Park OSCR

Victoria Baltrus, Chief Accounting Officer at Oscar Health, executed a series of share sales totaling $33,416 on June 2, 2026. The transactions were facilitated through a Rule 10b5-1 trading plan established in August 2025 to cover tax withholding obligations from equity vesting. Following the sale, Baltrus retains a significant direct holding of 214,589 shares. This activity occurs amidst a backdrop of recent earnings beats, an analyst upgrade from Wells Fargo, and corporate leadership changes.

Oscar Health Executive Victoria Baltrus Liquidates Shares Under Pre-Arranged Plan
OSCR

Key Points

  • Victoria Baltrus, CAO at Oscar Health, sold 1,523 shares for $33,416 on June 2, 2026, under a Rule 10b5-1 plan to cover tax obligations from equity vesting.
  • Oscar Health reported a Q1 2026 earnings beat of $2.07 per share, nearly doubling the $1.06 forecast, though revenue fell short of expectations.
  • Wells Fargo upgraded Oscar Health to Equal Weight with a $20 price target, citing confidence in the 2026 exchange market trajectory, while Mario Schlosser transitioned to Co-Founder & Advisor to the CEO.

Victoria Baltrus, serving as the Chief Accounting Officer for Oscar Health, Inc. (NASDAQ:OSCR), completed a divestment of company equity on June 2, 2026. The executive liquidated a total of 1,523 shares of Oscar Health Class A Common Stock, realizing a combined proceeds value of $33,416. The sales were executed within a specific price corridor ranging from $21.74 to $22.45 per share.

The transaction structure involved two distinct phases of share disposal. In the initial phase, Baltrus sold 1,091 shares at a weighted average price of $21.74 per share. These specific shares were sold across multiple transactions, with execution prices fluctuating between $21.03 and $22.02. In a subsequent phase, an additional 432 shares were liquidated at a weighted average price of $22.45 per share. The individual transactions for this portion ranged from $22.03 to $22.96.

These sales were conducted under the framework of a Rule 10b5-1 trading plan, which Baltrus formally established on August 8, 2025. The explicit purpose of these transactions was to satisfy tax withholding obligations associated with the vesting of previously granted equity awards. Following the completion of these sales, Baltrus maintains a direct holding of 214,589 shares of Oscar Health Class A Common Stock.

The insider transaction occurs against a backdrop of recent market volatility for Oscar Health. The stock has declined 8.2% over the past week. Despite this recent pullback, shares remain up 43% year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, placing it among opportunities on the most undervalued stocks list. For deeper insights into Oscar Health's valuation and growth prospects, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.

Recent corporate developments highlight strong operational metrics for Oscar Health. The company reported a significant earnings beat for the first quarter of 2026. Oscar Health achieved earnings per share of $2.07, nearly doubling the forecasted $1.06, although it faced a revenue shortfall. This development highlights Oscar Health's strong profitability metrics.

Market sentiment also shifted following an upgrade by Wells Fargo. The bank upgraded Oscar Health's stock rating from Underweight to Equal Weight, raising the price target from $11 to $20. Analyst Stephen Baxter expressed growing confidence in the exchange market trajectory for 2026, despite limited visibility beyond that period.

Corporate structure adjustments were also announced. Oscar Health announced a change in Mario Schlosser's role and compensation agreement. Schlosser, formerly the President of Technology and Chief Technology Officer, has transitioned to Co-Founder & Advisor to the CEO. He will continue to support the company's artificial intelligence and digital health initiatives while remaining on the Board of Directors.

Oscar Health IncFollowAnalyze OSCRIncluded in our AI-picked strategies·Review strategies23.59▲+3.09(+15.07%)Closed23.600.00(0.00%)After Hours·17:21:571D1W1M6M1Y5YMaxAnalyze OSCRThis article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is OSCR a bargain right now?
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Risks

  • Oscar Health faced a revenue shortfall in Q1 2026 despite strong earnings, indicating potential volatility in top-line growth within the health insurance sector.
  • Limited visibility beyond 2026 was noted by analyst Stephen Baxter, suggesting uncertainty in the long-term exchange market trajectory for the company.
  • Recent stock volatility, including an 8.2% decline over the past week, highlights short-term market sensitivity despite year-to-date gains.

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