Schapiro Richard M 4

What Happened

• Richard M. Schapiro, a director of Molina Healthcare, received a grant of 405 shares under the company's 2025 Equity Incentive Plan on April 1, 2026. The grant was recorded as an acquisition (award) at the closing price of $135.82, with an aggregate value reported as $55,007.
• This was an equity award (code A) issued as part of the routine director compensation program rather than an open-market purchase.

Key Details

• Transaction date and price: April 1, 2026 at $135.82 per share (closing price).
• Shares granted: 405 shares; reported aggregate value: $55,007.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Notable footnotes: The award is one quarter of an annual director equity grant set at $220,000 (one quarter ≈ $55,000); the exact number of shares (405) was determined by the April 1 closing price of $135.82.
• Filing timeliness: Form 4 filed April 2, 2026 for a 4/1/2026 grant—appears to be filed promptly (no late filing noted).

Context

• This transaction is a routine equity compensation award to a board director and does not by itself indicate buying or selling sentiment by the insider. It increases the director's stake via grant rather than an open-market purchase.