Form 4: Option Care Health CFO Michael Shapiro Reports Stock Transactions
SEC Form 4 Filing
Michael Shapiro, CFO of Option Care Health, reports the vesting and conversion of restricted stock units and subsequent stock disposal to cover tax obligations.
Summary
- On October 21, 2024, Michael Shapiro, the Chief Financial Officer of Option Care Health, Inc., had 17,088 restricted stock units vest and convert into common stock.
- Following the vesting, Shapiro disposed of 7,570 shares of common stock at a price of $30.51 per share to satisfy tax obligations.
- After these transactions, Shapiro directly owns 256,835 shares of Option Care Health common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of earliest transaction; vesting of restricted stock units and stock disposal. |
| 10/23/2024 | Date of signature on the Form 4 filing. |
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