SCHEDULE: FMR LLC Discloses 5.3% Stake in Option Care Health

FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 5.3% in Option Care Health Inc., totaling 8,658,743.98 common shares.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 8,658,743.98 common shares of Option Care Health Inc.
• This ownership represents 5.3% of the total outstanding common stock of Option Care Health Inc.
• The beneficial ownership was calculated as of September 30, 2025.
• FMR LLC holds sole voting power over 8,643,862.00 shares and sole dispositive power over 8,658,743.98 shares.
• The shares are stated to be acquired and held in the ordinary course of business, without the purpose or effect of changing or influencing the control of Option Care Health Inc.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities beneficially owning shares.
• Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC and a predominant owner of its voting shares, is deemed to be part of a controlling group with respect to FMR LLC and thus also reports the same beneficial ownership.

Sentiment

Score: 7

Explanation: The disclosure of a 5.3% beneficial ownership by a prominent institutional investor like FMR LLC is generally viewed positively as it indicates significant institutional interest and confidence in Option Care Health Inc. The statement that the shares are held in the ordinary course of business and not for control purposes further supports a stable investment perspective.

Positives

• A major institutional investor, FMR LLC (Fidelity), has taken a significant 5.3% stake in Option Care Health Inc., indicating institutional confidence in the company.
• The acquisition of shares is stated to be in the ordinary course of business, suggesting a long-term investment perspective rather than an activist stance.

Risks

• No specific risks related to Option Care Health Inc. are disclosed in this beneficial ownership report.
• The filing does not indicate any intent by FMR LLC to influence or change the control of the issuer, mitigating potential governance risks from an activist investor.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain any forward-looking statements or guidance from Option Care Health Inc. or the reporting persons regarding the issuer's future performance or strategy.

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

The healthcare industry, particularly home infusion and specialty pharmacy services offered by Option Care Health, continues to attract significant institutional investment. A 5.3% stake by a major asset manager like FMR LLC (Fidelity) signals continued interest in the sector's growth prospects and the company's position within it, potentially driven by demographic trends and shifts towards value-based care.

Comparison to Industry Standards

• This Schedule 13G filing is a standard regulatory disclosure required when an entity's beneficial ownership of a company's stock exceeds 5%.
• The reporting by FMR LLC, a large institutional investor, is consistent with common practices for asset managers holding significant, but non-controlling, stakes in publicly traded companies.
• There are no specific comparable companies, projects, or results mentioned in this filing to assess against industry benchmarks beyond the standard ownership disclosure.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder like FMR LLC may increase investor confidence and potentially attract further institutional interest, which could positively influence share price stability and liquidity.
• Management: The filing indicates that FMR LLC is a passive investor, not seeking to influence control, which suggests stability for current management and strategic direction.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to monitor their beneficial ownership in Option Care Health Inc. and file amendments to Schedule 13G as required by SEC rules if their ownership percentage changes significantly.

Key Dates

Keywords

Option Care Health, FMR LLC, Fidelity, Beneficial Ownership, Schedule 13G, Healthcare, Institutional Investment, Common Stock, Abigail P. Johnson, Investment Management