Form 4: Option Care Health COO Luke Whitworth Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Operating Officer of Option Care Health, Luke Whitworth, disposed of 3,785 shares of common stock on October 21, 2024, to satisfy tax withholding obligations.
Summary
- Luke Whitworth, the Chief Operating Officer of Option Care Health, disposed of 3,785 shares of common stock on October 21, 2024.
- The transaction was executed to cover tax withholding obligations related to equity compensation.
- The shares were disposed of at a price of $30.51 per share.
- Following the transaction, Whitworth directly owns 114,095 shares of Option Care Health common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of the transaction where 3,785 shares of common stock were disposed of. |
| 10/23/2024 | Date of signature on the Form 4 filing. |
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