Bacon Debra 4
Research Summary
AI-generated summary
Molina Healthcare EVP Debra Bacon Receives Restricted Stock
What Happened
- Debra Bacon, Executive Vice President, Medicaid at Molina Healthcare (MOH), was granted 9,606 restricted shares on March 1, 2026 (grant code A) valued at approximately $1,400,075 (9,606 × $145.75, VWAP for the 10 trading days before the grant).
- On the same date, 716 shares were surrendered/ disposed (code F) at $154.05 per share to cover withholding taxes, generating about $110,300 in proceeds. The withholding related to the vesting of 2,021 shares that vested on March 1, 2026.
Key Details
- Transaction dates/prices:
- Grant: 9,606 shares @ $145.75 (VWAP) = $1,400,075 (Mar 1, 2026; grant under the 2025 Equity Incentive Plan).
- Tax withholding: 716 shares @ $154.05 = $110,300 (Mar 1, 2026).
- Vesting schedule (from filing): the 9,606 new shares vest one‑third on each of Mar 1, 2027, Mar 1, 2028, and Mar 1, 2029. Additional tranches: 529 shares on Jul 1, 2026; 1,775 on Mar 1, 2027; 1,018 on Mar 1, 2028. Remaining shares are already vested.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: grant under the 2025 Equity Incentive Plan; grant price is VWAP for the 10 trading days before grant; the 716‑share disposition was a sell‑to‑cover for tax withholding tied to vested shares.
- Filing timeliness: Report filed Mar 2, 2026 for transactions on Mar 1, 2026 (appears timely).
Context
- This was an equity award (restricted stock grant), not an open‑market purchase; awards are compensation, not necessarily a bullish signal. The 716 shares surrendered were a routine sell‑to‑cover to satisfy tax withholding obligations on vested awards.
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