Stephen H. Lockhart - Oct 1, 2023 Form 4 Insider Report for MOLINA HEALTHCARE, INC. (MOH)

Role
Director
Signature
Jeff D. Barlow, by power of attorney for Stephen H. Lockhart.
Stock symbol
MOH
Transactions as of
Oct 1, 2023
Transactions value $
$55,086
Form type
4
Date filed
10/2/2023, 07:28 PM
Previous filing
Jul 3, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOH Common Stock Award $55.1K +168 +9.34% $327.89 1.97K Oct 1, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of stock under the Issuer's 2019 Equity Incentive Plan in connection with the Reporting Person's services as a Director.
F2 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. Since the grant date of October 1, 2023, was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on September 29, 2023, of $327.89. Thus, the grant this quarter for services as a Director is for 168 shares of the Issuer's common stock.
F3 Represents the closing price of the Issuer's common stock on September 29, 2023.