GROHOWSKI LEO P 4

What Happened

• Leo P. Grohowski (filed as GROHOWSKI LEO P), a member of Molina Healthcare's board of directors, was granted 237 shares of common stock on July 1, 2026.
• The grant price (closing price) was $232.55 per share, giving the award a reported aggregate value of $55,114. This was an equity award under the Issuer’s 2025 Equity Incentive Plan (transaction code A — award/grant).

Key Details

• Transaction date and price: July 1, 2026 — 237 shares at $232.55 (closing price). (Footnote F3)
• Total value reported: $55,114 (rounded from $232.55 × 237).
• Grant rationale: Quarterly portion of the annual director equity award (annual value $220,000; one-quarter = ~$55,000 granted each quarter). (Footnotes F1–F2)
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Form 4 was filed July 2, 2026 for a July 1 transaction — appears timely (no late-filing indicator).

Context

• This was a standard director compensation grant, not an open-market purchase or sale. Such awards are routine compensation for board service and do not necessarily signal the director’s personal buying/selling preference.
• Footnotes explain the award structure: the quarterly grant is based on the closing stock price on the grant date, which determined the 237-share grant.