Form 4: Molina Healthcare Director Richard M. Schapiro Sells Shares

Molina Healthcare director Richard M. Schapiro sold 136 shares of common stock on November 18, 2024, at an average price of $292.72.

Summary

• Richard M. Schapiro, a director at Molina Healthcare, Inc., sold 136 shares of common stock on November 18, 2024.
• The sale was executed at a volume-weighted average price of $292.72 per share.
• The actual prices ranged from $292.60 to $293.30 per share.
• Following the transaction, Mr. Schapiro directly owns 11,556 shares of Molina Healthcare stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale, with no inherent positive or negative sentiment. It's a routine filing.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is common in the corporate world. Such transactions are closely monitored by regulators and investors for potential insider trading issues.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, including those in the healthcare sector like Molina Healthcare.
• The sale of 136 shares by a director is a relatively small transaction compared to the overall trading volume of a company like Molina Healthcare.
• Other healthcare companies such as UnitedHealth Group (UNH) and Humana (HUM) also have similar insider transaction filings.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's overall performance.

Key Dates

Keywords

Molina Healthcare, Richard M. Schapiro, stock sale, insider trading, Form 4, director, share transaction