MD Pediatrix Medical Group, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2025: $0M, Q2 2025: $0M, Q1 2025: $1M, Q3 2024: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $0M (-53%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Buyback $1M / FCF $46M = 3% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 0 shares = 0.0% of 85,866,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

6 open-market purchases by 1 insiders

• FERNANDEZ MICHAEL () bought 61,205 shares at $21.35 on 2019-08-12
• FERNANDEZ MICHAEL () bought 61,204 shares at $21.35 on 2019-08-12
• FERNANDEZ MICHAEL () bought 124,553 shares at $21.52 on 2019-08-09
• FERNANDEZ MICHAEL () bought 124,553 shares at $21.52 on 2019-08-09
• FERNANDEZ MICHAEL () bought 64,242 shares at $21.68 on 2019-08-08
• FERNANDEZ MICHAEL () bought 64,243 shares at $21.68 on 2019-08-08

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $11M, sold $34M (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 3.2x more than bought. 7 C-suite officers among sellers

• ORDAN MARK S (Chief Executive Officer) sold 23,000 shares on 2025-12-15
• Moore Mary Ann E (EVP, GC, Chief Admin Off & Sec) sold 8,108 shares on 2024-11-08
• Swift James D (Chief Executive Officer) sold 11,100 shares on 2024-08-30
• Richards C Marc (EVP, Chief Financial Officer) sold 32,562 shares on 2024-08-09
• Richards C Marc (EVP, Chief Financial Officer) sold 17,438 shares on 2024-08-12
• Swift James D (Chief Executive Officer) sold 5,764 shares on 2023-12-14
• Swift James D (Chief Executive Officer) sold 13,193 shares on 2023-06-14
• ORDAN MARK S (Chief Executive Officer) sold 22,166 shares on 2022-11-21
• Swift James D (EVP, Chief Operating Officer) sold 24,000 shares on 2022-11-07
• ORDAN MARK S (Chief Executive Officer) sold 95,000 shares on 2021-08-30