---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-028416"
form_type: "8-K"
ticker: "OPCH"
cik: "0001014739"
company_name: "Option Care Health, Inc."
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T12:38:52.426246+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Option Care Health repurchases $75M shares from HC Group Holdings, underwrites 13M share offering

## Summary
- Repurchased 2,475,166 shares from HC Group Holdings I, LLC for $75M at $30.301 per share.
- Entered underwriting agreement with Goldman Sachs for secondary offering of 13M shares at $30.75 per share.
- Selling stockholder HC Group Holdings sold shares; company received no proceeds from the offering.
- Lock-up agreements prohibit sale of company securities for 30 days for executives and selling stockholder.
- Repurchase funded with cash on hand; repurchased shares will be held in treasury.

## SEC filing metadata
- accession: 0001104659-23-028416
- form_type: 8-K
- ticker: OPCH
- cik: 0001014739
- company_name: Option Care Health, Inc.
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014739/000110465923028416/0001104659-23-028416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014739/000110465923028416/tm238329d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-028416
- JSON: https://secwatch.observer/filing/0001104659-23-028416.json
- Plain text: https://secwatch.observer/filing/0001104659-23-028416.txt

## Key facts
- Material Agreements
  Option Care Health, Inc. entered into Share Repurchase Agreement with HC Group Holdings I, LLC valued at reported $75,000,000 consideration; 2,475,166 shares at $30.301 per share (effective 2023-02-28).
  - Action: entry
  - Counterparty: HC Group Holdings I, LLC
  - Value: reported $75,000,000 consideration; 2,475,166 shares at $30.301 per share
  - Effective: 2023-02-28
  source text: On February 28, 2023, Option Care Health, Inc., a Delaware corporation (the “Company”), entered into a share repurchase agreement (the “Share Repurchase Agreement”) with HC Group Holdings I, LLC, a Delaware limited liability company and a stockholder of the Company (the “Selling Stockholder”), pursuant to which the Company agreed to repurchase, directly from the Selling Stockholder, 2,475,166 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), for an aggregate purchase price of approximately $75.0 million (the “Repurchase”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000110465923028416/0001104659-23-028416-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.