Schapiro Richard M 4

What Happened
Richard M. Schapiro, a director of Molina Healthcare, received a grant of 237 shares as an equity award (transaction code A) on July 1, 2026. The shares were issued at the closing price of $232.55 per share, giving the award a value of $55,114. This grant is part of the issuer’s director compensation program rather than an open-market purchase or sale.

Key Details

• Transaction date: July 1, 2026; filing date: July 2, 2026 (filed promptly).
• Transaction type: Grant/award under the 2025 Equity Incentive Plan (code A).
• Shares granted: 237; price used for valuation: $232.55 per share; aggregate value: $55,114.
• Footnotes: F1 — grant under the 2025 Equity Incentive Plan for director services. F2 — annual equity award set at $220,000, paid quarterly (~$55,000 per quarter); F3 — $232.55 is the July 1, 2026 closing price used to calculate the share count.
• Shares owned after the transaction: Not specified in the provided filing.

Context

• This is a routine equity award to a director as part of regular compensation (quarterly portion of an annual grant), not a market buy or sell. Such awards are common for non-employee directors and do not by themselves indicate a change in insider sentiment.