Form 4: Option Care Health Director Pate R Carter Receives Restricted Stock Units

Director Pate R Carter of Option Care Health, Inc. received 5,325 restricted stock units on May 15, 2024, vesting over three years.

Summary

• On May 15, 2024, Pate R Carter, a director of Option Care Health, Inc., was granted 5,325 restricted stock units.
• These units vest in equal installments annually over three years from the grant date.
• The grant was calculated to reflect a value of $160,000 based on the closing price of Option Care Health's common stock on May 15, 2024.
• Following this transaction, Carter directly owns 104,933 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard equity compensation practice, indicating a positive alignment of interests between the director and the company's shareholders. There are no red flags or negative implications.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The restricted stock units will vest over the next three years, incentivizing the director's continued service and contribution to the company.

Industry Context

Equity compensation is a common practice for aligning the interests of company directors with those of shareholders, particularly in the healthcare industry.

Comparison to Industry Standards

• Many companies in the healthcare sector, such as UnitedHealth Group (UNH) and CVS Health (CVS), utilize restricted stock units as part of their executive compensation packages.
• The vesting schedules and valuation methods described in this document are typical for equity grants to directors.
• The amount of the grant, $160,000, is within a reasonable range for director compensation in a company of Option Care Health's size and market capitalization.

Stakeholder Impact

• Shareholders may view the equity grant as a positive sign, aligning the director's interests with the company's long-term success.
• The director is incentivized to contribute to the company's growth and profitability.

Key Dates