ORLANDO STEVEN J 4

What Happened Steven J. Orlando, a director of Molina Healthcare (MOH), was granted 237 shares under the Issuer's 2025 Equity Incentive Plan on July 1, 2026. The shares were issued at the closing price of $232.55, giving an aggregate value of approximately $55,114. This was an equity award (transaction code A) issued as part of director compensation, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-07-01; 237 shares at $232.55 per share (closing price).
• Reported value: ~$55,114 for this quarterly grant (part of an annual director award of $220,000).
• Grant mechanics: Annual director equity award set at $220,000; one quarter ($55,000) is granted each quarter based on closing stock price, which produced 237 shares on 7/1/2026.
• Shares held: Shares are held by the Orlando Family Trust (file does not disclose total shares owned after the grant).
• Filing timeliness: Form 4 filed 2026-07-02 for a 2026-07-01 grant (within normal reporting window).
• Footnotes: F1–F4 describe the equity plan, quarterly award structure, closing price used, and trust ownership.

Context This was a routine director equity award used for compensation. Such grants are common and reflect pay, not a direct purchase or divestiture by the insider; the filing shows no immediate sale or cashless exercise associated with this grant.