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Oscar Health says Thrive Capital completed common stock distribution to limited partners on 2026-09-18

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Oscar Health disclosed that Thrive Capital completed an in-kind distribution of Oscar common stock to its limited partners, while Thrive-affiliated entities and Joshua Kushner retain roughly 67% of combined voting power. The update is largely ownership-structure related and does not change operational control, with management signaling continued long-term commitment. Near-term market impact is likely limited unless the distribution increases secondary liquidity or prompts partner-level selling.
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Oscar Health said its majority shareholder, Thrive Capital, completed a distribution of Oscar Health common stock to its limited partners on 2026-09-18. After the distribution, entities affiliated with Thrive Capital and Joshua Kushner collectively hold about 4.7 million Class A shares and about 32.9 million Class B shares. Those holdings represent roughly 67% of the combined voting power of the company’s outstanding common stock.