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Phillip Frost (NASDAQ: OPK) reports 34.1% beneficial stake in OPKO

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

OPKO Health’s major shareholder Phillip Frost reports beneficial ownership of 255,429,406 shares of common stock, or about 34.1% of shares outstanding. This reflects holdings through Gamma Trust, Frost Nevada Investments Trust, a philanthropic foundation, stock options and restricted stock units.

The amendment is being filed solely because OPKO’s outstanding share count changed to 746,328,225 as of June 29, 2026. Frost and affiliated trusts report no transactions in OPKO common stock during the 60 days before this amendment.

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Frost beneficial ownership 255,429,406 shares Aggregate OPKO common shares beneficially owned by Phillip Frost
Frost ownership percentage 34.1% Percent of OPKO common stock based on 746,328,225 shares outstanding
Shares outstanding 746,328,225 shares OPKO common shares outstanding as of June 29, 2026
Gamma Trust holdings 216,706,448 shares OPKO common shares directly owned by Frost Gamma Investments Trust
Gamma Trust percentage 29.0% Share of OPKO’s outstanding common stock held by Gamma Trust
Frost Nevada holdings 30,127,177 shares OPKO common shares directly owned by Frost Nevada Investments Trust
Frost Nevada percentage 4.0% Share of OPKO’s outstanding common stock held by Frost Nevada
Stock options exercisable 2,425,000 shares OPKO options held by Frost, exercisable within 60 days
beneficially owns financial
"Gamma Trust directly beneficially owns 216,706,448 shares of Common Stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
restricted stock units financial
"500,000 restricted stock units of which 250,000 units will vest within 60 days"
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.
stock options financial
"stock options to acquire 2,425,000 shares of Common Stock, which are exercisable within 60 days"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
sole voting and dispositive power financial
"he has sole voting and dispositive power over each"
Schedule 13D regulatory
"This Amendment No. 28 amends and supplements the statement on Schedule 13D filed on February 15, 2007"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
outstanding shares financial
"based upon 746,328,225 shares of Common Stock outstanding as of June 29, 2026"
Outstanding shares are the total number of a company's stock units that are owned by all external investors and insiders, excluding any shares the company holds itself. They matter to investors because they determine each shareholder’s slice of ownership, how company value is divided per share (affecting price and earnings-per-share calculations), and the weight of voting power—like how slicing a pizza into more or fewer pieces changes the size of each person’s share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How much of OPKO Health (OPK) stock does Phillip Frost currently beneficially own?

Phillip Frost beneficially owns 255,429,406 OPKO Health shares, representing about 34.1% of the company’s outstanding common stock. This total includes his personal holdings, shares in trusts he controls, options exercisable within 60 days, and certain restricted stock units scheduled to vest.

What percentage of OPKO Health (OPK) is held by Frost Gamma Investments Trust?

Frost Gamma Investments Trust directly beneficially owns 216,706,448 OPKO Health common shares, or approximately 29.0% of shares outstanding. Phillip Frost serves as sole trustee of Gamma Trust and holds sole voting and dispositive power over these shares, giving him significant influence over this large block.

What stake in OPKO Health (OPK) is reported by Frost Nevada Investments Trust?

Frost Nevada Investments Trust directly beneficially owns 30,127,177 OPKO Health common shares, representing about 4.0% of the company. Phillip Frost is the sole trustee of Frost Nevada and has sole voting and dispositive power over these shares, adding to his aggregate ownership position.

How many OPKO Health (OPK) shares are outstanding in this Schedule 13D/A amendment?

The filing states that OPKO Health has 746,328,225 shares of common stock outstanding as of June 29, 2026. This figure, communicated by the issuer, is used to calculate the ownership percentages reported for Phillip Frost, Frost Gamma Investments Trust, and Frost Nevada Investments Trust.

What OPKO Health (OPK) derivative and restricted stock interests does Phillip Frost report?

Phillip Frost reports stock options to acquire 2,425,000 OPKO Health shares exercisable within 60 days and 500,000 restricted stock units, of which 250,000 will vest within 60 days. Additional 250,000 restricted stock units are excluded because they will not begin vesting until July 2027.





68375N103

(CUSIP Number)
Camielle Green
4400 Biscayne Blvd.,
Miami, FL, 33137
3055754100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/29/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The amount provided in Item 11 includes (i) 3,068,951 shares of Common Stock held individually by Dr. Frost; (ii) 30,127,177 shares of Common Stock held by the Frost Nevada Investments Trust, which is controlled by Dr. Frost as sole trustee; (iii) options to acquire 2,425,000 shares of Common Stock, which are exercisable within 60 days; (iv) 216,706,448 shares of Common Stock held by the Gamma Trust, which is controlled by Dr. Frost as sole trustee; (v) 2,851,830 shares of Common Stock held by the Phillip and Patricia Frost Philanthropic Foundation, Inc., which is controlled by Dr. Frost and his wife, and (vi) 250,000 restricted stock units that give him a contingent right to receive up to 250,000 shares of Common Stock that will vest within 60 days. Dr. Frost's ownership position excludes restricted stock units that give him a contingent right to receive up to 250,000 shares of Common Stock. (2) The percentage provided in Item 13 is calculated based on (i) 746,328,225 shares outstanding as of June 29, 2026, as communicated by the Issuer to the Reporting Person; (ii) options to acquire 2,425,000 shares of Common Stock, which are exercisable within 60 days; and (iii) 250,000 restricted stock units that give him a contingent right to receive up to 250,000 shares of Common Stock that will vest within 60 days.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The percentage provided in Item 13 is calculated based on 746,328,225 shares outstanding as of June 29, 2026, as communicated by the Issuer to the Reporting Person.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The percentage provided in Item 13 is calculated based on 746,328,225 shares outstanding as of June 29, 2026, as communicated by the Issuer to the Reporting Person.


SCHEDULE 13D


FROST PHILLIP MD ET AL
Signature:/s/ Phillip Frost, M.D.
Name/Title:Phillip Frost, M.D., Individually
Date:07/01/2026
Frost Gamma Investments Trust
Signature:/s/ Phillip Frost, M.D.
Name/Title:Phillip Frost, M.D. / Sole Trustee
Date:07/01/2026
Frost Nevada Investments Trust
Signature:/s/ Phillip Frost, M.D.
Name/Title:Phillip Frost, M.D. / Sole Trustee
Date:07/01/2026