Form 4: Elizabeth Quadros Betten Reports Acquisition of Option Care Health Restricted Stock Units
SEC Form 4 Filing
Director Elizabeth Quadros Betten reports the acquisition of 5,325 restricted stock units of Option Care Health, Inc. on May 15, 2024.
Summary
- Elizabeth Quadros Betten, a director of Option Care Health, Inc., filed a Form 4 on May 17, 2024.
- On May 15, 2024, Ms. Betten acquired 5,325 shares of Common Stock through an award of restricted stock units.
- These restricted stock units vest in equal installments annually over three years.
- The number of restricted stock units was calculated based on a value of $160,000, using the closing price of Option Care Health's common stock on May 15, 2024.
- Ms. Betten also indirectly owns 2,843 shares through the Elizabeth Q. Betten 2012 Living Trust and disclaims beneficial ownership except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of restricted stock units aligns Ms. Betten's interests with the long-term performance of Option Care Health, Inc.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Acquisition of restricted stock units. |
| 05/17/2024 | Date of Form 4 filing. |
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