Option Care Health (OPCH) director granted 13,833 RSUs as fees and $200K award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Option Care Health director Timothy P. Sullivan reported two stock awards from the company. On May 20, 2026 he acquired 4,836 shares of common stock at a reference price of $22.23 per share as a restricted stock unit award reflecting $200,000 of value. He also received 8,997 restricted stock units in lieu of cash retainer fees, with both grants based on the same closing share price. All these restricted stock units vest in full on May 20, 2027, representing routine equity-based director compensation rather than open-market share purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SULLIVAN TIMOTHY P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,997 | $0.00 | -- |
| Grant/Award | Common Stock | 4,836 | $22.23 | $108K |
Holdings After Transaction:
Common Stock — 82,380 shares (Direct, null)
Footnotes (1)
- The reporting person received an award of restricted stock units on May 20, 2026, which vest in full on May 20, 2027. The number of restricted stock units granted was calculated to reflect $200,000 of value based on the closing price of the issuer's common stock on May 20, 2026. The reporting person received restricted stock units on May 20, 2026 in lieu of cash retainer payments, which will vest in full on May 20, 2027. The number of restricted stock units granted was calculated to reflect the amount of cash fees received in the form of restricted stock units based on the closing price of the issuer's common stock on May 20, 2026.
Key Figures
Equity award shares: 4,836 shares
Reference share price: $22.23 per share
Fee replacement RSUs: 8,997 shares
+4 more
7 metrics
Equity award shares
4,836 shares
Restricted stock unit award reflecting $200,000 of value on May 20, 2026
Reference share price
$22.23 per share
Closing price used to calculate one RSU grant on May 20, 2026
Fee replacement RSUs
8,997 shares
Restricted stock units received in lieu of cash retainer payments
Total RSUs granted
13,833 shares
Combined director grants on May 20, 2026
Holdings after first grant
87,216 shares
Common stock reported following the 4,836-share award
Holdings after second grant
82,380 shares
Common stock reported following the 8,997-share award
Vesting date
May 20, 2027
All reported restricted stock units vest in full on this date
Key Terms
restricted stock units, cash retainer payments, closing price, grant, award, or other acquisition
4 terms
restricted stock units financial
"The reporting person received an award of restricted stock units on May 20, 2026, which vest in full on May 20, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash retainer payments financial
"The reporting person received restricted stock units on May 20, 2026 in lieu of cash retainer payments, which will vest in full on May 20, 2027."
closing price financial
"based on the closing price of the issuer's common stock on May 20, 2026."
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Option Care Health (OPCH) report for Timothy P. Sullivan?
Option Care Health reported that director Timothy P. Sullivan received two grants of restricted stock units totaling 13,833 shares on May 20, 2026 as equity compensation and fee replacement, rather than buying shares in the open market.
At what price were Timothy P. Sullivan’s OPCH stock awards calculated?
The restricted stock units were calculated using the May 20, 2026 closing price of Option Care Health common stock, including one grant recorded at $22.23 per share to reflect $200,000 of value and a separate grant tied to director cash fees.
When do Timothy P. Sullivan’s Option Care Health (OPCH) restricted stock units vest?
All of Timothy P. Sullivan’s reported restricted stock units vest in full on May 20, 2027, meaning he must remain eligible through that date before the awards fully convert into common shares he can own outright.
Were Timothy P. Sullivan’s OPCH transactions open-market buys or compensation grants?
The filing shows compensation-related grants, not open-market purchases. Both transactions are coded as awards of restricted stock units, with one replacing cash retainer payments and the other reflecting a $200,000 equity value grant.
Does the Option Care Health (OPCH) Form 4 show any insider sales by Timothy P. Sullivan?
The Form 4 shows no sales by Timothy P. Sullivan. All reported activity involves acquisition of restricted stock units as director compensation, with no dispositions, exercises, or open-market selling reported in this filing.