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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Our common stock trades on the New York Stock Exchange under the symbol HUM.

Holders of our Capital Stock

As of January 31, 2026, there were 1,424 holders of record of our common stock and 684,397 beneficial holders of our common stock**.**

Dividends

The following table provides details of dividend payments, excluding dividend equivalent rights, in 2024 and 2025, under our Board approved quarterly cash dividend policy:

Record DatePayment DateAmount per ShareTotal Amount
(in millions)
2024 payments
12/29/20231/26/2024$0.8850$108
3/29/20244/26/2024$0.8850$107
6/28/20247/26/2024$0.8850$106
9/30/202410/25/2024$0.8850$107
2025 payments
12/31/20241/31/2025$0.8850$107
3/28/20254/25/2025$0.8850$107
6/27/20257/25/2025$0.8850$106
9/26/202510/31/2025$0.8850$106

In October 2025, the Board declared a cash dividend of $0.8850 per share payable on January 30, 2026 to stockholders of record on December 26, 2025 for an aggregate amount of $107 million. In February 2026, the Board declared a cash dividend of $0.8850 per share payable on April 24, 2026 to stockholders of record on March 27, 2026. Declaration and payment of future quarterly dividends is at the discretion of our Board and may be adjusted as business needs or market conditions change.

Stock Total Return Performance

The following graph compares our total return to stockholders with the returns of the Standard & Poor’s Composite 500 Index (“S&P 500”) and the Dow Jones US Select Health Care Providers Index (“Peer Group”) for the five years ended December 31, 2025. The graph assumes an investment of $100 in each of our common stock, the S&P 500, and the Peer Group on December 31, 2020, and that dividends were reinvested when paid.

1087

12/31/202012/31/202112/31/202212/31/202312/31/202412/31/2025
HUM$100$114$126$114$64$65
S&P 500$100$129$105$133$166$196
Peer Group$100$125$116$115$107$108

The stock price performance included in this graph is not necessarily indicative of future stock price performance.

Issuer Purchases of Equity Securities

The following table provides information about purchases by us during the three months ended December 31, 2025 of equity securities that are registered by us pursuant to Section 12 of the Exchange Act:

PeriodTotal Number of Shares Purchased (1)Average Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)(2)Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1) (2)
October 2025—$——$2,826,757,902
November 2025———2,826,757,902
December 2025———2,826,757,902
Total—$——

(1)Excludes 0.2 million shares repurchased in connection with employee stock plans.

(2)Effective February 16, 2024, the Board of Directors replaced the February 2023 repurchase authorization (of which approximately $824 million remained unused) with a new share repurchase authorization for repurchases of up to $3 billion of our common shares exclusive of shares repurchased in connection with employee stock plans, expiring as of February 15, 2027, which we refer to as the 2024 repurchase authorization. Our remaining repurchase authorization was $2.7 billion as of February 18, 2026.

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