{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-005001","form_type":"8-K","ticker":"OPCH","cik":"0001014739","company_name":"Option Care Health, Inc.","filed_at":"2023-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.499392+00:00","generated_at":"2026-06-20T12:52:44.768727+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Option Care Health increases ABL revolver by $50M to $225M, appoints Luke Whitworth COO","bullets":["ABL credit facility revolver increased from $175M to $225M via fourth amendment on Jan 13, 2023.","LIBOR replaced with SOFR as reference rate under the amended ABL Credit Agreement.","Luke Whitworth, age 42, appointed COO effective Jan 16, 2023; previously SVP Patient Registration.","Whitworth's base salary raised to $550,000 and target cash incentive set at 90% of base salary.","No event of default occurred; all guarantees and security interests reaffirmed."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-005001","json":"https://secwatch.observer/filing/0001104659-23-005001.json","markdown":"https://secwatch.observer/filing/0001104659-23-005001.md","text":"https://secwatch.observer/filing/0001104659-23-005001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1014739/000110465923005001/0001104659-23-005001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1014739/000110465923005001/tm233851d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T12:52:44.768727+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e13c910b495723a5d17c8c2f953cd48c16007cf2","claim":"Option Care Health, Inc. amended revolving credit of increases the Total Revolving Credit Commitments ... by $50,000,000 from $175,000,000 to $225,000,000 at replaces LIBOR as a reference rate thereunder with a SOFR term rate.","evidence_excerpt":"The amendment, among other things, increases the Total Revolving Credit Commitments under (and as defined in) the Existing ABL Credit Agreement by $50,000,000 from $175,000,000 to $225,000,000 and replaces LIBOR as a reference rate thereunder with a SOFR term rate.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014739/000110465923005001/0001104659-23-005001-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"increases the Total Revolving Credit Commitments ... by $50,000,000 from $175,000,000 to $225,000,000"},{"label":"Rate","value":"replaces LIBOR as a reference rate thereunder with a SOFR term rate"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"d805d559c8","claim":"Luke Whitworth was appointed as Chief Operating Officer at Option Care Health, Inc..","evidence_excerpt":"On January 16, 2023, the Board of Directors of the Company (the “ Board ”) appointed Luke Whitworth, age 42, to serve as Chief Operating Officer of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014739/000110465923005001/0001104659-23-005001-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"d9350702d58f729107a935860e1e9e0c0d8c5eeb","claim":"Option Care Health, Inc. amended Existing ABL Credit Agreement valued at $50,000,000 (effective 2023-01-13).","evidence_excerpt":"On January 13, 2023, Option Care Health, Inc. (the “ Company ”) executed a fourth amendment to its ABL Credit Agreement entered into on August 6, 2019 (as amended, restated, supplemented or otherwise modified prior to the date thereof, the “ Existing ABL Credit Agreemen t”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1014739/000110465923005001/0001104659-23-005001-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"$50,000,000"},{"label":"Effective","value":"2023-01-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}