Molina Healthcare (MOH) director awarded 317 shares for quarterly service

Rhea-AI Filing Summary

Molina Healthcare, Inc. reported an insider equity award to one of its directors. On January 1, 2026, the director received 317 shares of common stock as a grant under the company’s 2025 Equity Incentive Plan for board service. The award represents one quarter of an annual equity value of $220,000, with this quarterly portion set at $55,000.

The number of shares was calculated using the common stock closing price of $173.54 on December 31, 2025. Following this grant, the director directly beneficially owns 3,742 shares of Molina Healthcare common stock.

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

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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^*

Lockhart Stephen H

(Last) (First) (Middle)

2180 HARVARD STREEET, SUITE 400

(Street)

SACRAMENTO CA 95815

(City) (State) (Zip)

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)

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

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/01/2026		A(1)		317(2)	A	$173.54(3)	3,742	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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. Since the grant date of January 1, 2026, was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on December 31, 2025, of $173.54. Thus, the grant this quarter for services as a Director is for 317 shares of the Issuer's common stock.

3. Represents the closing price of the Issuer's common stock on December 31, 2025.

Remarks:

	Jeff D. Barlow, by power of attorney for Stephen H. Lockhart.	01/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Molina Healthcare (MOH) disclose in this Form 4?

Molina Healthcare disclosed that one of its directors received a grant of 317 shares of common stock on January 1, 2026 as compensation for board service under the 2025 Equity Incentive Plan.

What is the value of the director stock grant reported by Molina Healthcare (MOH)?

The director’s grant represents a quarterly equity award valued at $55,000, as part of an annual equity award of $220,000 for each director.

How was the number of Molina Healthcare (MOH) shares in the grant calculated?

The 317 shares were determined by dividing the quarterly equity value of $55,000 by the closing price of Molina Healthcare common stock of $173.54 on December 31, 2025.

What is the director’s total Molina Healthcare (MOH) share ownership after this transaction?

After the reported grant, the director directly beneficially owns 3,742 shares of Molina Healthcare common stock.

Is the reported Molina Healthcare (MOH) transaction a purchase or a grant?

The transaction is a grant of stock under the company’s 2025 Equity Incentive Plan, recorded in the filing with a transaction code of A for an acquisition.

What plan governs the director equity award at Molina Healthcare (MOH)?

The director equity award was granted under Molina Healthcare’s 2025 Equity Incentive Plan, which provides annual equity compensation to directors.