Form 4: Molina Healthcare Director Steven Orlando Reports Sale of Common Stock

Director Steven Orlando reported selling 1,000 shares of Molina Healthcare (MOH) common stock at an average price of $301.33 on March 3, 2025.

Summary

• On March 3, 2025, Steven Orlando, a director of Molina Healthcare, Inc. (MOH), sold 1,000 shares of common stock.
• The sale was executed at an average price of $301.33 per share.
• Following the transaction, Orlando directly owns no shares but indirectly owns 17,375 shares held by the Orlando Family Trust and 1,500 shares held by the reporting person's 401(k) plan.
• The director also granted limited power of attorney to Jeff D. Barlow and Codruta Catanescu to execute and file SEC forms on his behalf.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• The information provided in this Form 4 is consistent with the level of detail typically disclosed in similar filings by directors of other healthcare companies such as UnitedHealth Group (UNH) or Anthem (ANTM).

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons behind the sale.
• However, the disclosure itself promotes transparency, which is generally positive for stakeholder relations.

Key Dates