Pate R Carter 4
Research Summary
AI-generated summary
Option Care Health (OPCH) Director Pate R. Carter Sells 30,287 Shares
What Happened
Pate R. Carter, a director of Option Care Health, sold 30,287 shares of the company’s common stock in open-market transactions on February 27, 2026. The weighted-average sale price was $32.05 per share, generating roughly $970,620 in proceeds. This was a sale (not a purchase), which insiders often execute for routine reasons rather than as a clear signal about company prospects.
Key Details
- Transaction date: February 27, 2026 (filed on March 3, 2026) — filing was within the required two business days.
- Shares sold: 30,287; weighted-average price: $32.05; approximate proceeds: $970,620.
- Reported sale price range: $32.00 to $32.275 per share (footnote indicates multiple trades at different prices).
- Shares owned after the transaction: Not disclosed in the filing.
- Footnote: The filing (F1) states the $32.05 is a weighted average for multiple trades and that the reporting person will provide a breakdown of shares sold at each separate price upon request by the SEC, issuer, or a security holder. No 10b5-1 plan, tax withholding, or option exercise was indicated.
Context
Sales by directors can be routine (diversification, personal liquidity, etc.) and do not necessarily reflect the director’s view of the company. Because this filing reports an outright open-market sale (code S) and not an award, exercise, or gift, the transaction simply reduced the director’s holdings by the reported amount.