Steven J. Orlando. - 01 Jan 2024 Form 4 Insider Report for MOLINA HEALTHCARE, INC. (MOH)

Role
Director
Signature
Jeff. D. Barlow, by power of attorney for Steven J. Orlando.
Issuer symbol
MOH
Transactions as of
01 Jan 2024
Net transactions value
+$54,919
Form type
4
Filing time
02 Jan 2024, 19:21:27 UTC
Previous filing
31 Oct 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOH Common Stock Award $54,919 +152 +0.79% $361.31 19,451 01 Jan 2024 Held by trust F1, F2, F3, F4
holding MOH Common Stock 1,500 01 Jan 2024 Held by Reporting Person's 401(k)
* 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 January 1, 2024 was a non-trading day, the number of shares was calculated based on the closing price of the Issuer's common stock on December 29, 2023, of $361.31. Thus, the grant this quarter for services as a Director is for 152 shares of the Issuer's common stock.
F3 Represents the closing price of the Issuer's common stock on December 29, 2023.
F4 Shares are held by Orlando Family Trust.