Dividend reinvestment adds MDV shares for Modiv Industrial CEO (MDV)

Rhea-AI Filing Summary

Modiv Industrial, Inc. CEO and President Aaron Scott Halfacre reported a small increase in his holdings through dividend reinvestment. On January 15, 2026, he acquired 901.5951 shares of Common Stock, Class C at a price of $13.70 per share in a transaction coded "J." The filing notes these shares were acquired through dividend reinvestment transactions exempt from Section 16 under Rule 16a-11 and are being reported voluntarily on this Form 4.

Following this transaction, Halfacre beneficially owned 127,582.3813 shares of Modiv Industrial common stock in direct ownership form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Halfacre Aaron Scott

(Last) (First) (Middle)

1500 NORTH GRANT STREET, #5609

(Street)

DENVER CO 80203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MODIV INDUSTRIAL, INC. [ MDV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK, CLASS C	01/15/2026		J(1)		901.5951	A	$13.7	127,582.3813	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired in dividend reinvestment transactions exempt from Section 16 pursuant to Rule 16a-11 are being reported voluntarily on this Form 4.

Remarks:

	/s/ John Raney, by Power of Attorney for Aaron Scott Halfacre	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MDV CEO Aaron Scott Halfacre report?

Aaron Scott Halfacre, CEO and President of Modiv Industrial, Inc. (MDV), reported acquiring 901.5951 shares of Common Stock, Class C on January 15, 2026 in a non-derivative transaction coded "J."

How many MDV shares does Aaron Scott Halfacre own after this Form 4?

After the reported dividend reinvestment, Aaron Scott Halfacre beneficially owned 127,582.3813 shares of Modiv Industrial, Inc. Common Stock, Class C, held in direct ownership.

What was the price per share for the Modiv Industrial (MDV) shares acquired?

The 901.5951 shares of Modiv Industrial, Inc. Common Stock, Class C were acquired at a price of $13.70 per share.

What does the transaction code "J" mean in this MDV Form 4?

The transaction is labeled with code "J", and the footnote explains that the shares were acquired in dividend reinvestment transactions that are exempt from Section 16 under Rule 16a-11 and reported voluntarily on this Form 4.

Is the Modiv Industrial (MDV) CEO’s dividend reinvestment transaction exempt from Section 16?

Yes. The footnote states that the shares were acquired in dividend reinvestment transactions exempt from Section 16 pursuant to Rule 16a-11, and these are being reported voluntarily on Form 4.

Does Aaron Scott Halfacre hold his MDV shares directly or indirectly?

The Form 4 indicates that the 127,582.3813 shares of Modiv Industrial, Inc. Common Stock, Class C are held in direct (D) ownership, with no indirect ownership nature specified.