Form 4: Molina Healthcare Director Barbara Brasier Receives Quarterly Stock Grant

Sentiment:

SEC Form 4 Filing


Director Barbara Brasier received 189 shares of Molina Healthcare stock as part of her quarterly equity compensation.

Summary

  • Barbara Brasier, a director at Molina Healthcare, received 189 shares of common stock on January 1, 2025, as part of her quarterly equity compensation.
  • The grant is part of the company's 2019 Equity Incentive Plan and is valued at $55,000 per quarter.
  • The number of shares was calculated based on the closing price of Molina Healthcare's stock on December 31, 2024, which was $291.05 per share.
  • The total value of the annual equity award for each director is set at $220,000.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is a normal and expected part of corporate governance. There is no indication of any positive or negative sentiment.

Positives

  • The stock grant aligns director compensation with company performance.
  • The equity incentive plan is a standard practice for incentivizing board members.

Industry Context

Equity compensation is a common practice for directors in publicly traded companies to align their interests with those of shareholders.

Comparison to Industry Standards

  • Many publicly traded companies use equity grants as part of director compensation packages.
  • The value of the grant is consistent with typical director compensation practices for companies of similar size and market capitalization.
  • Companies like UnitedHealth Group (UNH) and Humana (HUM) also use similar equity-based compensation for their board members.

Stakeholder Impact

  • The stock grant aligns the director's interests with those of shareholders.
  • The grant is part of the company's overall compensation strategy.

Key Dates

DateDescription
May 8, 2019Date of the Limited Power of Attorney for Section 16(a) Filings granted by Barbara L. Brasier.
December 31, 2024Closing price of Molina Healthcare stock used to calculate the number of shares granted.
January 1, 2025Date of the stock grant to Barbara Brasier.
January 2, 2025Date of the Form 4 filing.

Keywords

Molina Healthcare, Director Compensation, Stock Grant, Equity Incentive Plan, Form 4, Barbara Brasier

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