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HUMANA INC

For the period ended Sep 30, 2025. Filed Nov 5, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 5, 2025

HUM$423.22-2.4%Stored close · as of Nov 9, 2026

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Item 1A. Risk Factors

There have been no changes to the risk factors included in our 2024 Form 10-K.

(a)None.

(b)N/A

(c)The following table provides information about our purchases of equity securities that are registered by us pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, during the three months ended September 30, 2025:

PeriodTotal Numberof SharesPurchased (1)(2)AveragePrice Paidper ShareTotal Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs (1)(2)Dollar Value ofShares that MayYet Be PurchasedUnder the Plansor Programs (1) (2)
July 2025—$——$2,826,757,902
August 2025———2,826,757,902
September 2025———2,826,757,902
Total—$——

(1)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 $2.8 billion as of November 4, 2025.

(2)Excludes 0.04 million shares repurchased in connection with employee stock plans.

None.

Not applicable.

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