Modiv CEO Shows Confidence: Halfacre Expands Stake in Industrial REIT

Rhea-AI Filing Summary

Form 4 Filing Details: Aaron Scott Halfacre, CEO, President and Director of Modiv Industrial, reported an insider purchase of 129 shares of Class C Common Stock at $14.10 per share on June 26, 2025.

Following this transaction, Halfacre's direct ownership increased to 121,000.8185 shares. The purchase demonstrates continued insider confidence in the company's prospects. The transaction was executed under regular trading conditions, with no indication of it being part of a 10b5-1 trading plan.

Key Points:

• Transaction Type: Open market purchase
• Total Transaction Value: $1,818.90
• Ownership Type: Direct ownership
• Filing was signed via Power of Attorney by John Raney

Insider Trade Summary

Net Buyer: 129 shares ($1,819)

Net Buy 1 txn

Insider Halfacre Aaron Scott

Role CEO and President

Bought 129 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	COMMON STOCK, CLASS C	129	$14.10	$2K

Holdings After Transaction: COMMON STOCK, CLASS C — 121,000.819 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)

2195 S. DOWNING STREET

(Street)

DENVER CO 80210

(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)
06/26/2025

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	06/26/2025		P		129	A	$14.1	121,000.8185	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:

Remarks:

	/s/ John Raney, by Power of Attorney for Aaron Scott Halfacre	06/26/2025
	** 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

How many shares of MDV stock did CEO Aaron Halfacre purchase on June 26, 2025?

CEO Aaron Halfacre purchased 129 shares of MDV Class C common stock on June 26, 2025 at a price of $14.10 per share.

What is Aaron Halfacre's total MDV stock ownership after the June 2025 purchase?

Following the reported transaction, Aaron Halfacre beneficially owns 121,000.8185 shares of MDV common stock directly.

What positions does Aaron Halfacre hold at Modiv Industrial (MDV)?

Aaron Halfacre serves as both a Director and executive officer, specifically holding the positions of CEO and President of Modiv Industrial, Inc.

Was MDV CEO Halfacre's June 2025 stock purchase made under a 10b5-1 trading plan?

No, the Form 4 filing does not indicate that this transaction was made pursuant to a 10b5-1 trading plan, as the corresponding checkbox was not marked on the form.

What was the total value of MDV CEO's June 26, 2025 stock purchase?

The total value of CEO Aaron Halfacre's stock purchase was approximately $1,818.90, calculated from 129 shares at $14.10 per share.