HEBERT MAURICE 4

What Happened

Maurice Hebert, Chief Accounting Officer of Molina Healthcare, sold 600 shares of MOH common stock in an open-market sale on May 14, 2026. The shares were sold at $191.55 per share for total gross proceeds of $114,930. This was a sale (not a purchase); sales by insiders are common and do not by themselves indicate company outlook.

Key Details

• Transaction date and price: 2026-05-14 — 600 shares sold at $191.55 per share (total $114,930). (Footnote F1 confirms the per-share selling price.)
• Filing date: Form 4 filed 2026-05-15 (one day after the trade); this is within the usual Form 4 reporting window and not noted as late.
• Shares owned after transaction: Not specified in the filing.
• Footnote on vesting (F2): Some restricted shares remain unvested — 1,245 shares vest on 3/1/2027; 986 shares vest on 3/1/2028; 686 shares vest on 3/1/2029; the filing notes the remaining shares are vested.
• Transaction type code: S = Sale (open market/private sale indicated).

Context

This was an outright sale of existing shares rather than an option exercise, gift, or award. Sales by executives can be routine (e.g., diversification or tax planning); they are factual events, not direct signals about company performance. For investors tracking insider activity, purchases are generally more informative as potential bullish signals.