Molina Healthcare (NYSE: MOH) director receives 405-share quarterly equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Schapiro Richard M reported acquisition or exercise transactions in this Form 4 filing.

MOLINA HEALTHCARE, INC. director Richard M. Schapiro received a grant of 405 shares of common stock on April 1, 2026 under the company’s 2025 Equity Incentive Plan. The award represents one quarterly installment of a $220,000 annual equity grant, with this quarter’s $55,000 portion based on the $135.82 closing share price. Following the grant, Schapiro directly holds 12,074 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schapiro Richard M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	405	$135.82	$55K

Holdings After Transaction: Common Stock — 12,074 shares (Direct)

Footnotes (1)

Grant of stock under the Issuer's 2025 Equity Incentive Plan in connection with the Reporting Person's services as a Director. The aggregate dollar value of the annual equity award to each director was set at $220,000, with one quarter, or $55,000, to be granted on the first day of each quarter, based on the closing price of the Issuer's common stock on such day. The closing price of the Issuer's common stock on April 1, 2026 was $135.82, which resulted in a grant of 405 shares. Represents the closing price of the Issuer's common stock on April 1, 2026.

Key Figures

Shares granted: 405 shares Grant price: $135.82 per share Quarterly equity value: $55,000 +2 more

5 metrics

Shares granted 405 shares Director stock grant on April 1, 2026

Grant price $135.82 per share Closing price on April 1, 2026 used for award

Quarterly equity value $55,000 One-quarter of annual director equity award

Annual equity award $220,000 Total annual equity compensation per director

Shares held after grant 12,074 shares Schapiro’s direct common stock holdings post-transaction

Key Terms

2025 Equity Incentive Plan, annual equity award, Common Stock

3 terms

2025 Equity Incentive Plan financial

"Grant of stock under the Issuer's 2025 Equity Incentive Plan in connection..."

annual equity award financial

"The aggregate dollar value of the annual equity award to each director..."

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:45 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schapiro Richard M

(Last)

(First)

(Middle)

200 OCEANGATE

SUITE 100

(Street)

LONG BEACH

CALIFORNIA

90802

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MOLINA HEALTHCARE, INC. [ MOH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		A⁽¹⁾		405⁽²⁾	A	$135.82⁽³⁾	12,074	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Grant of stock under the Issuer's 2025 Equity Incentive Plan in connection with the Reporting Person's services as a Director.

2. The aggregate dollar value of the annual equity award to each director was set at $220,000, with one quarter, or $55,000, to be granted on the first day of each quarter, based on the closing price of the Issuer's common stock on such day. The closing price of the Issuer's common stock on April 1, 2026 was $135.82, which resulted in a grant of 405 shares.

3. Represents the closing price of the Issuer's common stock on April 1, 2026.

Remarks:

	Jeff D. Barlow, by power of attorney for Richard M. Schapiro.	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MOH director Richard M. Schapiro report?

Richard M. Schapiro reported receiving 405 shares of Molina Healthcare common stock as a grant. The shares were awarded under the 2025 Equity Incentive Plan as part of his director compensation, and increased his direct holdings to 12,074 shares after the transaction.

How was the size of Richard M. Schapiro’s MOH stock grant determined?

The grant size was based on a target quarterly equity value of $55,000. On April 1, 2026, Molina Healthcare’s common stock closed at $135.82, so dividing $55,000 by that price resulted in a grant of 405 shares to Schapiro.

What is the annual equity award for Molina Healthcare (MOH) directors?

Molina Healthcare set the aggregate annual equity award for each director at $220,000. This is paid in four equal quarterly installments of $55,000 each, granted on the first day of each quarter based on that day’s closing common stock price.

Is Richard M. Schapiro’s Form 4 transaction in MOH stock a market purchase or sale?

The reported transaction is not a market purchase or sale. It is a compensation-related grant of 405 shares of common stock under Molina Healthcare’s 2025 Equity Incentive Plan, classified as a grant or award acquisition rather than an open-market trade.

How many Molina Healthcare (MOH) shares does Richard M. Schapiro hold after this grant?

After receiving the 405-share grant, Richard M. Schapiro directly holds 12,074 shares of Molina Healthcare common stock. This total reflects his position immediately following the April 1, 2026 equity award under the company’s 2025 Equity Incentive Plan.