Form 4: Option Care Health COO Luke Whitworth Disposes of Shares to Cover Tax Obligations
SEC Form 4
Luke Whitworth, Chief Operating Officer of Option Care Health, disposed of 7,798 shares of common stock on February 23, 2024, to cover tax obligations.
Summary
- On February 23, 2024, Luke Whitworth, the Chief Operating Officer of Option Care Health, Inc. (OPCH), disposed of 7,798 shares of common stock.
- The transaction was executed at a price of $32.24 per share.
- This disposition was likely to cover tax obligations related to vesting of stock or option exercises.
- Following the transaction, Whitworth directly owns 119,253 shares of Option Care Health, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily indicate a change in the insider's confidence in the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of transaction: Luke Whitworth disposed of shares. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.