Modiv Industrial (NYSE: MDV) CEO reports 881.5662 shares via dividend reinvestment

Rhea-AI Filing Summary

Modiv Industrial, Inc. insider Aaron Scott Halfacre, the company's CEO, President and a director, reported acquiring 881.5662 shares of Common Stock, Class C on 12/15/2025 at $13.91 per share through a dividend reinvestment transaction.

After this automatic reinvestment, he directly beneficially owns 126,680.7862 shares. The disclosure notes these dividend reinvestment transactions are exempt from Section 16 under Rule 16a-11 and are being reported voluntarily.

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)
12/15/2025

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	12/15/2025		J(1)		881.5662	A	$13.91	126,680.7862	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	12/16/2025
	** 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

What insider transaction did Modiv Industrial (MDV) report in this filing?

The filing reports that Aaron Scott Halfacre881.5662 shares of Modiv Industrial Common Stock, Class C on 12/15/2025 at $13.91 per share through a dividend reinvestment transaction.

Who is the reporting person in this Modiv Industrial (MDV) insider transaction?

The reporting person is Aaron Scott Halfacre, who serves as CEO, President and a director of Modiv Industrial, Inc.

How many Modiv Industrial shares does the CEO own after the reported transaction?

Following the reported dividend reinvestment, Aaron Scott Halfacre beneficially owns 126,680.7862 shares of Modiv Industrial Common Stock, Class C in direct form.

What was the price per share for the Modiv Industrial dividend reinvestment?

The 881.5662 shares of Common Stock, Class C were acquired at a price of $13.91 per share in the dividend reinvestment transaction on 12/15/2025.

Was the MDV insider transaction part of a dividend reinvestment program?

Yes. The explanation notes the shares were acquired in dividend reinvestment transactions that are exempt from Section 16 pursuant to Rule 16a-11 and are being reported voluntarily.

Is this Modiv Industrial (MDV) insider transaction direct or indirect ownership?

The filing shows the ownership form for the reported Common Stock, Class C as Direct (D) beneficial ownership.