SEC Form SC 13G/A filed by Option Care Health Inc. (Amendment)

6/12/23 8:21:19 AM ET

Medical/Nursing Services

Health Care

Get the next $OPCH alert in real time by email

SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.3 OPTION CARE HEALTH INC COMMON STOCK Cusip #68404L201 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #68404L201 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 5,409,026 Item 6: 0 Item 7: 5,438,269 Item 8: 0 Item 9: 5,438,269 Item 11: 3.025% Item 12: HC Cusip #68404L201 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 5,438,269 Item 8: 0 Item 9: 5,438,269 Item 11: 3.025% Item 12: IN Item 1(a). Name of Issuer: OPTION CARE HEALTH INC Item 1(b). Address of Issuer's Principal Executive Offices: 3000 LAKESIDE DR, SUITE 300N BANNOCKBURN, IL 60015 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 68404L201 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 5,438,269 (b) Percent of Class: 3.025% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 5,438,269 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following (X). Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of OPTION CARE HEALTH INC. No one other person's interest in the COMMON STOCK of OPTION CARE HEALTH INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing orinfluencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. June 9, 2023 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Diversifying Solutions LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC IA Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on June 9, 2023, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of OPTION CARE HEALTH INC at May 31, 2023. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $OPCH alert in real time by email

Recent Analyst Ratings for

$OPCH

Date	Price Target	Rating	Analyst
4/30/2025	$40.00	Neutral → Buy	UBS
1/23/2025	$26.00 → $35.00	Hold → Buy	Jefferies
1/13/2025	$26.00 → $33.00	Neutral → Buy	BofA Securities
12/5/2024	$26.00	Neutral	UBS
11/4/2024	$27.00	Buy → Neutral	Goldman
10/31/2024	$38.00 → $26.00	Buy → Hold	Jefferies
10/30/2024	$43.00 → $29.00	Buy → Neutral	BofA Securities
7/16/2024	$36.00	Mkt Outperform	JMP Securities

More analyst ratings

SEC Form SC 13G/A filed by Option Care Health Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for
$OPCH

$OPCH
Press Releases

Fastest customizable press release news feed in the world

Option Care Health to Participate in Upcoming Investor Conferences

Option Care Health Announces Financial Results for the First Quarter Ended March 31, 2025

Option Care Health to Announce First Quarter 2025 Financial Results and Host Conference Call

$OPCH
SEC Filings

Option Care Health Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

SEC Form 10-Q filed by Option Care Health Inc.

Option Care Health Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$OPCH
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

GC & Corporate Secretary Smyser Collin covered exercise/tax liability with 10,713 shares and converted options into 11,196 shares, increasing direct ownership by 0.62% to 79,002 units (SEC Form 4)

Director Betten Elizabeth Quadros was granted 5,034 shares, increasing direct ownership by 24% to 26,373 units (SEC Form 4)

Director Bierbower Elizabeth D was granted 5,034 shares, increasing direct ownership by 27% to 23,874 units (SEC Form 4)

$OPCH
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Option Care Health upgraded by UBS with a new price target

Option Care Health upgraded by Jefferies with a new price target

Option Care Health upgraded by BofA Securities with a new price target

$OPCH
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Kraemer Harry M Jansen Jr bought $969,031 worth of shares (43,000 units at $22.54), increasing direct ownership by 15% to 326,334 units (SEC Form 4)

Kraemer Harry M Jansen Jr bought $1,104,352 worth of shares (35,000 units at $31.55), increasing direct ownership by 15% to 269,528 units (SEC Form 4)

Bierbower Elizabeth D bought $79,110 worth of shares (3,000 units at $26.37), increasing direct ownership by 29% to 13,515 units (SEC Form 4)

SEC Form SC 13G/A filed by Option Care Health Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for $OPCH

$OPCH Press Releases

Fastest customizable press release news feed in the world

Option Care Health to Participate in Upcoming Investor Conferences

Option Care Health Announces Financial Results for the First Quarter Ended March 31, 2025

Option Care Health to Announce First Quarter 2025 Financial Results and Host Conference Call

$OPCH SEC Filings

Option Care Health Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

SEC Form 10-Q filed by Option Care Health Inc.

Option Care Health Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$OPCH Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

GC & Corporate Secretary Smyser Collin covered exercise/tax liability with 10,713 shares and converted options into 11,196 shares, increasing direct ownership by 0.62% to 79,002 units (SEC Form 4)

Director Betten Elizabeth Quadros was granted 5,034 shares, increasing direct ownership by 24% to 26,373 units (SEC Form 4)

Director Bierbower Elizabeth D was granted 5,034 shares, increasing direct ownership by 27% to 23,874 units (SEC Form 4)

$OPCH Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Option Care Health upgraded by UBS with a new price target

Option Care Health upgraded by Jefferies with a new price target

Option Care Health upgraded by BofA Securities with a new price target

$OPCH Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Kraemer Harry M Jansen Jr bought $969,031 worth of shares (43,000 units at $22.54), increasing direct ownership by 15% to 326,334 units (SEC Form 4)

Kraemer Harry M Jansen Jr bought $1,104,352 worth of shares (35,000 units at $31.55), increasing direct ownership by 15% to 269,528 units (SEC Form 4)

Bierbower Elizabeth D bought $79,110 worth of shares (3,000 units at $26.37), increasing direct ownership by 29% to 13,515 units (SEC Form 4)

Recent Analyst Ratings for
$OPCH

$OPCH
Press Releases

$OPCH
SEC Filings

$OPCH
Insider Trading

$OPCH
Analyst Ratings

$OPCH
Insider Purchases