Form 4: Molina Healthcare Director Richard Schapiro Acquires Additional Shares Under Equity Incentive Plan

Director Richard M. Schapiro acquired 168 shares of Molina Healthcare common stock on April 1, 2025, as part of the company's 2019 Equity Incentive Plan.

Summary

• Richard M. Schapiro, a director of Molina Healthcare, Inc., acquired 168 shares of common stock on April 1, 2025.
• The acquisition was made under the company's 2019 Equity Incentive Plan.
• The price per share was $327.71, based on the closing price of Molina Healthcare's common stock on that day.
• Following the transaction, Schapiro directly owns 11,913 shares of Molina Healthcare common stock.
• The filing was signed on April 2, 2025, by Jeff D. Barlow, by power of attorney for Richard M. Schapiro.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (director stock acquisition) under an existing equity incentive plan, which is generally viewed as a positive sign of alignment between management and shareholders. There are no indications of negative news or concerns.

Positives

• The acquisition reflects continued director investment in the company.
• The equity incentive plan aligns director interests with shareholder value.

Industry Context

Director stock acquisitions are common in publicly traded companies and are often viewed positively by investors as they align management's interests with those of shareholders. Equity incentive plans are a standard component of executive and director compensation packages.

Comparison to Industry Standards

• Director compensation packages, including equity grants, are common across the healthcare industry.
• Companies like UnitedHealth Group (UNH) and Cigna (CI) also utilize equity-based compensation for their directors.
• The specific amount and structure of equity grants can vary based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The stock acquisition could have a slightly positive impact on shareholder sentiment.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Molina Healthcare, Richard Schapiro, Director, Equity Incentive Plan, Stock Acquisition, Form 4, Beneficial Ownership