Bacon Debra 4

What Happened
Debra Bacon, Executive VP — Medicaid at Molina Healthcare, acquired 23 shares under the company's ESPP on 2026-06-30 at $147.51 per share (total ~$3,393). Separately, 183 shares were surrendered on 2026-07-01 to satisfy withholding taxes related to the vesting of 529 shares; those surrendered shares were valued at $232.55 each (total ~$42,557). The filing reports an ESPP purchase (code A) and a tax-withholding share disposition (code F).

Key Details

• Transaction dates and prices:
  • 2026-06-30: ESPP purchase — 23 shares @ $147.51, total ~$3,393.
  • 2026-07-01: Tax-withholding disposition — 183 shares @ $232.55, total ~$42,557.
• Shares owned after transaction: not specified in the provided filing details.
• Notable footnotes:
  • ESPP purchase price reflected a 15% discount (85% of the lower market price) based on the offering-period price of $173.54 (footnote F2/F1).
  • The 183 shares were applied to withholding taxes arising from the vesting of 529 shares on July 1, 2026 (footnote F3).
  • Remaining unvested shares vest as follows: 4,977 shares on 3/1/2027; 4,220 on 3/1/2028; 3,202 on 3/1/2029 (footnote F4). Some shares were already vested.
• Filing timeliness: Form 4 filed 2026-07-02; transactions dated 6/30 and 7/1 — filing appears timely (within the typical 2-business-day window).

Context
The 23-share ESPP purchase is a routine employee purchase at a discounted price. The 183-share disposition was a tax-withholding action (shares surrendered to cover taxes on vested awards), not an open-market sale — a common administrative step when restricted stock vests. These actions are informational rather than directional signals about company prospects.