Barlow Jeff D. 4

What Happened

• Jeff D. Barlow, Chief Legal Officer of Molina Healthcare (MOH), acquired 138 shares through the company's 2019 Employee Stock Purchase Plan (ESPP) on June 30, 2026. The purchase price was $147.51 per share, for a total cost of about $20,356. The Form 4 lists the transaction as an acquisition/award (code A).

Key Details

• Transaction date and price: 2026-06-30 at $147.51 per share (total ≈ $20,356).
• Method: Purchase under the Molina Healthcare, Inc. 2019 Employee Stock Purchase Plan (ESPP).
• Pricing formula: Purchase price equals 85% of the lower closing market price used for the offering period (footnote cites $173.54 on Jan 1, 2026, yielding the $147.51 price).
• Vesting/holding: Filing footnotes reference a vesting schedule for certain shares and state remaining shares are vested. (The 138-share ESPP purchase itself is an acquisition under the plan.)
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form filed 2026-07-02 for a 2026-06-30 transaction (no late filing indicated in the excerpt).

Context

• ESPP purchases are employee plan acquisitions at a discount (here, 85% of the lower offering-period price) and differ from open-market buys; they are common compensation/benefit transactions rather than immediate trading decisions. This filing reports acquisition under the ESPP rather than an exercise, sale, or open-market trade.