HEBERT MAURICE 4

4 · MOLINA HEALTHCARE, INC. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Molina Healthcare (MOH) Chief Accounting Officer Receives Stock Awards

What Happened

Maurice Hebert, Chief Accounting Officer of Molina Healthcare (MOH), received stock awards on March 1, 2026 and surrendered shares to cover taxes related to vesting. The filing shows two award/acquisition events totaling 2,708 shares (650 shares at $154.05 and 2,058 shares at $145.75) and two tax-withholding dispositions totaling 501 shares (229 and 272 shares at $154.05). The awards’ notional values reported are $100,133 and $299,954; the surrendered shares’ values total $77,179 — a net increase of 2,207 shares with an approximate net value of $322,908.

Key Details

Transaction date: March 1, 2026; Form 4 filed March 2, 2026 (timely).
Prices reported: $154.05 per share (closing price used for PSU settlement and withholding) and $145.75 per share (10-day VWAP used for the new restricted stock grant).
Share counts & values: +650 shares ($100,133), +2,058 shares ($299,954); −229 shares ($35,277), −272 shares ($41,902).
Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (here, shares surrendered for withholding).
Footnotes of note:
- PSU settlement: 650 shares issued in settlement of performance stock units granted March 1, 2023, at an 89% payout level (vesting performance metric).
- Tax withholding: the 229 and 272-share disposals were applied to withholding taxes from the PSU vesting.
- New restricted stock: 2,058 shares granted under the 2025 Equity Incentive Plan; VWAP used to set the reporting value.
- Vesting for the 2,058-share grant: vests in one-third increments on March 1 of 2027, 2028 and 2029; additional specified tranches (559 shares on 3/1/2027 and 300 shares on 3/1/2028) per the filing; remaining shares are vested.
Shares owned following the transactions: not disclosed in the filing.

Context

The disposals were share surrenders to cover tax withholding associated with vesting (a routine cashless tax-withholding action), not open-market sales. The awards include a PSU settlement (based on multi-year performance) and a restricted stock grant with multi-year vesting. These transactions are compensation-related and should be interpreted as routine executive equity compensation, not a straight market buy/sell signal.

Form 4

Period: 2026-03-01

Chief Accounting Officer

Transactions

Award
Common Stock
[F1][F2]
2026-03-01$154.05/sh+650$100,133→ 11,858 total
Tax Payment
Common Stock
[F3][F2]
2026-03-01$154.05/sh−229$35,277→ 11,629 total
Tax Payment
Common Stock
[F4][F2]
2026-03-01$154.05/sh−272$41,902→ 11,357 total
Award
Common Stock
[F5][F6][F7]
2026-03-01$145.75/sh+2,058$299,954→ 13,415 total

Footnotes (7)

[F1]Shares issued in settlement of performance stock units granted on March 1, 2023, based on the Company's achievement of three-year average adjusted earnings per share, at 89% vesting level.
[F2]Represents the closing price of the Issuer's common stock on February 27, 2026.
[F3]The shares were applied to payment of withholding taxes in connection with vesting of the above-mentioned performance stock units.
[F4]The shares were applied to the payment of withholding taxes arising in connection with the vesting of 802 shares on March 1, 2026.
[F5]Grant of restricted stock under the Issuer's 2025 Equity Incentive Plan.
[F6]Represents the volume-weighted average price (VWAP) of the Company's common stock for the ten (10) trading dates immediately preceding the March 1, 2026 grant date.
[F7]The shares shall vest as follows: The 2,058 newly granted shares shall vest in one-third increments on each of March 1, 2027, March 1, 2028, and March 1, 2029. Additional shares shall vest as follows: 559 shares on March 1, 2027; and 300 shares on March 1, 2028. The remaining shares are vested.

Signature

Jeff D. Barlow, by power of attorney for Maurice Hebert|2026-03-02

2 files