secwatch.observer — SEC 8-K summary
======================================

Issuer:     Option Care Health, Inc. (OPCH)
CIK:        0001014739
Form:       8-K
Filed at:   2025-08-20T23:59:59+00:00
Accession:  0001104659-25-080912
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Option Care Health names Meenal Sethna CFO effective Oct 1; Shapiro steps down after 10 years
--------------------------------------------------------------------------------

- Meenal Sethna appointed EVP/CFO effective Oct 1, 2025, succeeding Mike Shapiro who becomes Strategic Advisor through Q1 2026.
- Sethna's compensation: base salary $655K, target cash incentive 90% of base, LTI target $2.4M, plus $1.5M RSU vesting in 3 years.
- Shapiro's base salary reduced from $615K to $246K in his transition role; remains eligible for FY2025 cash incentive.
- Sethna most recently was EVP/CFO at Littelfuse (2016-2025); previously VP/Corporate Controller at Illinois Tool Works.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014739/000110465925080912/0001104659-25-080912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014739/000110465925080912/tm2523864d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-080912

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer