Form 4: Option Care Health COO Luke Whitworth Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Luke Whitworth, Chief Operating Officer of Option Care Health, disposed of 1,373 shares of common stock on March 9, 2024, to cover tax obligations.
Summary
- On March 9, 2024, Luke Whitworth, the Chief Operating Officer of Option Care Health, Inc. [OPCH], disposed of 1,373 shares of common stock.
- The transaction was executed at a price of $32.34 per share.
- This disposal was to cover tax obligations.
- Following the transaction, Whitworth directly owns 117,880 shares of Option Care Health, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the COO in this case, trade their company's stock. It provides transparency into insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the outstanding shares and is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/09/2024 | Date of stock disposal transaction |
| 03/12/2024 | Date of signature for the Form 4 filing |
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