How was the 405-share equity grant to Steven J. Orlando of MOH calculated?

The 405-share grant reflects a quarterly equity value of $55,000 divided by the $135.82 closing price on April 1, 2026. This structure is part of an annual director equity award set at $220,000, granted in four equal quarterly installments.

Molina Healthcare (MOH) director Orlando granted 405 shares in quarterly equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ORLANDO STEVEN J reported acquisition or exercise transactions in this Form 4 filing.

Molina Healthcare director Steven J. Orlando, through the Orlando Family Trust, received a grant of 405 shares of common stock on April 1, 2026. The shares were awarded under Molina’s 2025 Equity Incentive Plan as part of his director compensation, based on the closing price of $135.82 per share that day, equating to a quarterly equity value of $55,000 toward an annual equity award of $220,000. After this grant, the Orlando Family Trust holds 17,730 shares of Molina common stock, and an additional 1,500 shares are held indirectly in the reporting person’s 401(k) plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider ORLANDO STEVEN J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	405	$135.82	$55K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 17,730 shares (Indirect, Held by trust)

Footnotes (1)

Grant of stock under the Issuer's 2025 Equity Incentive Plan in connection with the Reporting Person's services as a Director. The aggregate dollar value of the annual equity award to each director was set at $220,000, with one quarter, or $55,000, to be granted on the first day of each quarter, based on the closing price of the Issuer's common stock on such day. The closing price of the Issuer's common stock on April 1, 2026 was $135.82, which resulted in a grant of 405 shares. Represents the closing price of the Issuer's common stock on April 1, 2026. Shares are held by Orlando Family Trust.

Key Figures

Quarterly equity grant value: $55,000 Annual director equity award: $220,000 Shares granted: 405 shares +3 more

6 metrics

Quarterly equity grant value $55,000 One-quarter of annual director equity award

Annual director equity award $220,000 Aggregate annual equity compensation per director

Shares granted 405 shares Common stock grant on April 1, 2026

Grant price $135.82 per share Closing price on April 1, 2026 used to size grant

Trust holdings after grant 17,730 shares Molina Healthcare common stock held by Orlando Family Trust

401(k) holdings 1,500 shares Molina Healthcare common stock held in 401(k)

Key Terms

2025 Equity Incentive Plan, annual equity award, 401(k), Common Stock, +1 more

5 terms

2025 Equity Incentive Plan financial

"Grant of stock under the Issuer's 2025 Equity Incentive Plan in connection"

annual equity award financial

"The aggregate dollar value of the annual equity award to each director"

401(k) financial

"Held by Reporting Person's 401(k)"

A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.

Common Stock financial

"Represents the closing price of the Issuer's common stock on April 1, 2026"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Orlando Family Trust financial

"Shares are held by Orlando Family Trust."

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Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:47 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ORLANDO STEVEN J

(Last)

(First)

(Middle)

200 OCEANGATE

SUITE 100

(Street)

LONG BEACH

CALIFORNIA

90802

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MOLINA HEALTHCARE, INC. [ MOH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		A⁽¹⁾		405⁽²⁾	A	$135.82⁽³⁾	17,730	I	Held by trust⁽⁴⁾
Common Stock								1,500	I	Held by Reporting Person's 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Grant of stock under the Issuer's 2025 Equity Incentive Plan in connection with the Reporting Person's services as a Director.

2. The aggregate dollar value of the annual equity award to each director was set at $220,000, with one quarter, or $55,000, to be granted on the first day of each quarter, based on the closing price of the Issuer's common stock on such day. The closing price of the Issuer's common stock on April 1, 2026 was $135.82, which resulted in a grant of 405 shares.

3. Represents the closing price of the Issuer's common stock on April 1, 2026.

4. Shares are held by Orlando Family Trust.

Remarks:

	Jeff. D. Barlow, by power of attorney for Steven J. Orlando.	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Molina Healthcare (MOH) director Steven J. Orlando report in this Form 4?

Steven J. Orlando reported receiving 405 shares of Molina Healthcare common stock as a director equity grant. The shares were awarded under the 2025 Equity Incentive Plan and are held by the Orlando Family Trust as part of his regular board compensation.

How many Molina Healthcare (MOH) shares does the Orlando Family Trust hold after this grant?

After the April 1, 2026 grant, the Orlando Family Trust holds 17,730 shares of Molina Healthcare common stock. These shares represent indirect ownership associated with director Steven J. Orlando, as disclosed in the Form 4 filing’s ownership details.

What is the total annual equity award for Molina Healthcare (MOH) directors mentioned in this filing?

The filing states each director’s annual equity award is set at $220,000. One quarter of this, or $55,000, is granted on the first day of each quarter based on Molina Healthcare’s closing stock price on that specific grant date.

Does Steven J. Orlando hold Molina Healthcare (MOH) shares through a retirement plan?

Yes. In addition to shares held by the Orlando Family Trust, the Form 4 shows 1,500 Molina Healthcare shares held indirectly in Steven J. Orlando’s 401(k) plan. This entry reflects a holding position rather than a new purchase or sale transaction.