Form 4: Molina Healthcare Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Molina Healthcare Director Richard M. Schapiro reported the sale of 357 shares of common stock at an average price of $143.02, executed under a Rule 10b5-1 plan.
Summary
- Richard M. Schapiro, a Director of Molina Healthcare, Inc. (MOH), reported the sale of 357 shares of common stock.
- The transaction is dated November 24, 2025.
- The shares were sold at a volume-weighted average price of $143.02, with actual prices ranging from $143.00 to $143.18.
- The sale was executed pursuant to a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction.
- Following this transaction, Schapiro directly beneficially owns 11,352 shares of Molina Healthcare common stock.
Sentiment
Score: 5
Explanation: The sale of a relatively small number of shares by a director, especially under a pre-arranged 10b5-1 plan, is generally neutral. It does not strongly indicate a positive or negative outlook on the company's future, but a sale is rarely seen as a strong positive.
Positives
- The sale was conducted under a Rule 10b5-1 plan, indicating a pre-scheduled transaction rather than a reaction to new, non-public information.
Negatives
- A director selling shares, even under a 10b5-1 plan, can sometimes be perceived as a slight negative signal regarding insider sentiment, though the amount is small.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Richard M. Schapiro granted a Limited Power of Attorney to Jeff D. Barlow and Codruta Boggs for Section 16(a) filings (Forms 3, 4, and 5). | 2015-07-29 | Streamlines the process for filing required SEC forms on behalf of the director, ensuring timely compliance with reporting obligations. |
Stakeholder Impact
- Minimal direct impact on shareholders due to the small number of shares sold relative to the company's total outstanding shares.
- Ensures transparency for investors regarding insider holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 2015-07-29 | Date of Limited Power of Attorney granted by Richard M. Schapiro to Jeff D. Barlow and Codruta Boggs for Section 16(a) filings. |
| 2025-11-24 | Date of common stock transaction (sale) by Richard M. Schapiro. |
Recommendation
holdThe filing reports a routine insider sale under a 10b5-1 plan, which does not provide new fundamental information about Molina Healthcare's operational performance or strategic direction. The small volume of shares sold by a director is unlikely to signal a significant change in insider sentiment or warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as this filing alone does not present a compelling reason to buy or sell.
Keywords
Molina Healthcare, MOH, Richard M. Schapiro, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan, Healthcare Stock
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