BRASIER BARBARA L 4

What Happened
Barbara L. Brasier, a director of Molina Healthcare, received a grant of 405 shares of Molina common stock on April 1, 2026. The shares were granted at the closing price of $135.82 per share, for an aggregate value of approximately $55,007. This transaction is an equity award (transaction code A) granted as part of director compensation under the company's equity plan.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-02 (filed timely).
• Shares granted: 405 shares at $135.82 per share; total value ≈ $55,007.
• Shares owned after transaction: Not reported in the provided filing.
• Footnotes: Grant made under the Issuer's 2025 Equity Incentive Plan (F1). Annual director equity is $220,000 with one-quarter ($55,000) granted each quarter; April 1, 2026 closing price ($135.82) resulted in 405 shares (F2, F3).
• Transaction type: Award/grant (A) — a compensation grant, not an open-market purchase.

Context
This was a routine director equity award as compensation, not a market purchase or sale. Such grants compensate service and do not by themselves signal an insider buying or selling for investment purposes; purchases are typically more informative of sentiment.