[Form 4] Modiv Industrial, Inc. Insider Trading Activity
Christopher R. Gingras, a director of Modiv Industrial, Inc. (MDV), reported two non-derivative transactions on 08/15/2025 linked to dividend reinvestment. The filing shows two entries for Class C common stock with transaction code J(1): one for 27.8723 shares at $14.27 and another for 33.4117 shares at $14.97. The form includes post-transaction beneficial ownership figures of 9,251.2322 and 9,284.6439 shares respectively. The filer notes these shares were acquired through dividend reinvestment transactions exempt under Rule 16a-11 and is reporting them voluntarily.
The Form 4 is signed on behalf of Gingras by John Raney under power of attorney and identifies Gingras as a director. No derivative transactions, option grants, or additional disclosures appear in the filing.
Christopher R. Gingras, amministratore di Modiv Industrial, Inc. (MDV), ha dichiarato due operazioni non derivate il 15/08/2025 collegate al reinvestimento dei dividendi. La comunicazione riporta due voci relative alle azioni ordinarie di Classe C con codice operazione J(1): una per 27,8723 azioni a $14,27 e l’altra per 33,4117 azioni a $14,97. Il modulo include i dati di partecipazione effettiva dopo le operazioni, rispettivamente 9.251,2322 e 9.284,6439 azioni. Il dichiarante precisa che queste azioni sono state acquisite tramite reinvestimento dei dividendi esenti ai sensi della Rule 16a-11 e le segnala su base volontaria.
Il Form 4 è firmato per conto di Gingras da John Raney con procura e identifica Gingras come amministratore. Nel documento non sono presenti transazioni su strumenti derivati, concessioni di opzioni né ulteriori rivelazioni.
Christopher R. Gingras, director de Modiv Industrial, Inc. (MDV), reportó dos transacciones no derivadas el 15/08/2025 vinculadas al reinversión de dividendos. La presentación muestra dos entradas de acciones ordinarias Clase C con el código de transacción J(1): una por 27,8723 acciones a $14,27 y otra por 33,4117 acciones a $14,97. El formulario incluye las participaciones beneficiarias posteriores a la transacción de 9.251,2322 y 9.284,6439 acciones, respectivamente. El declarante indica que estas acciones se adquirieron mediante reinversión de dividendos exentas conforme a la Rule 16a-11 y las informa de forma voluntaria.
El Form 4 está firmado en nombre de Gingras por John Raney bajo poder notarial e identifica a Gingras como director. No aparecen transacciones derivadas, concesiones de opciones ni otras divulgaciones.
Modiv Industrial, Inc.(MDV) 이사인 Christopher R. Gingras는 2025-08-15에 배당 재투자와 관련된 두 건의 비파생 거래를 신고했습니다. 제출서류에는 거래 코드 J(1)로 된 클래스 C 보통주 두 항목이 기재되어 있습니다. 하나는 27.8723주를 주당 $14.27에, 다른 하나는 33.4117주를 주당 $14.97에 취득한 건입니다. 서류에는 거래 후 실질적 보유주식이 각각 9,251.2322주와 9,284.6439주로 기재되어 있습니다. 신고인은 해당 주식들이 Rule 16a-11에 따라 배당 재투자로 면제된 거래로 취득되었으며 자발적으로 보고한다고 명시했습니다.
Form 4는 Gingras를 대신해 John Raney가 위임장을 근거로 서명했으며 Gingras를 이사로 명시하고 있습니다. 파생상품 거래, 옵션 부여 또는 추가 공시는 없습니다.
Christopher R. Gingras, administrateur de Modiv Industrial, Inc. (MDV), a déclaré deux opérations non dérivées le 15/08/2025 liées au réinvestissement des dividendes. Le dépôt indique deux lignes pour des actions ordinaires de classe C avec le code de transaction J(1) : l’une pour 27,8723 actions à 14,27 $ et l’autre pour 33,4117 actions à 14,97 $. Le formulaire fait apparaître les détentions bénéficiaires après transaction de 9 251,2322 et 9 284,6439 actions respectivement. Le déclarant précise que ces actions ont été acquises via des réinvestissements de dividendes exonérés en vertu de la Rule 16a-11 et qu’il les signale volontairement.
Le Form 4 est signé pour Gingras par John Raney en vertu d’une procuration et identifie Gingras comme administrateur. Aucune transaction dérivée, attribution d’options ou autre divulgation n’apparaît dans le dossier.
Christopher R. Gingras, Direktor von Modiv Industrial, Inc. (MDV), meldete am 15.08.2025 zwei nicht-derivative Transaktionen im Zusammenhang mit Dividenden-Reinvestitionen. Die Einreichung weist zwei Posten für Stammaktien der Klasse C mit dem Transaktionscode J(1) auf: einen über 27,8723 Aktien zu $14,27 und einen weiteren über 33,4117 Aktien zu $14,97. Das Formular enthält die nach den Transaktionen geltenden wirtschaftlichen Besitzverhältnisse von 9.251,2322 bzw. 9.284,6439 Aktien. Der Melder weist darauf hin, dass diese Aktien durch dividendenbedingte Reinvestitionen erworben wurden, die gemäß Rule 16a-11 ausgenommen sind, und meldet sie freiwillig.
Das Form 4 ist im Namen von Gingras von John Raney unter Vollmacht unterschrieben und benennt Gingras als Direktor. In der Einreichung sind keine derivativen Transaktionen, Optionszuteilungen oder weiteren Offenlegungen enthalten.
- Director participated in dividend reinvestment, demonstrating continued ownership alignment with shareholders
- Voluntary disclosure of Rule 16a-11 exempt transactions improves transparency beyond the exemption
- None.
Insights
TL;DR: Routine insider reinvestment reported voluntarily; governance transparency maintained but not materially impactful.
The filing documents small automatic share acquisitions via dividend reinvestment, which are typically administrative and exempt from Section 16 reporting yet disclosed voluntarily here. As a director-level insider, Gingras' participation in the issuer's dividend reinvestment plan demonstrates alignment with shareholder-oriented compensation mechanics. The transaction sizes (tens of shares) and resulting ownership levels suggest no change to control or board influence. From a governance perspective, timely disclosure and PoA signature practices are appropriate and maintain transparency.
TL;DR: Minor non-derivative share acquisitions via DRIP; immaterial to valuation or liquidity.
The reported purchases—27.8723 shares at $14.27 and 33.4117 shares at $14.97—appear to be DRIP transactions rather than market buys. Such incremental share additions are unlikely to affect MDV's market capitalization or signal a material shift in insider sentiment. The fact that the filer voluntarily reported exempt transactions adds a layer of disclosure but does not provide new information about operating performance or financial metrics. No derivative activity or large-scale transfers are shown.
Christopher R. Gingras, amministratore di Modiv Industrial, Inc. (MDV), ha dichiarato due operazioni non derivate il 15/08/2025 collegate al reinvestimento dei dividendi. La comunicazione riporta due voci relative alle azioni ordinarie di Classe C con codice operazione J(1): una per 27,8723 azioni a $14,27 e l’altra per 33,4117 azioni a $14,97. Il modulo include i dati di partecipazione effettiva dopo le operazioni, rispettivamente 9.251,2322 e 9.284,6439 azioni. Il dichiarante precisa che queste azioni sono state acquisite tramite reinvestimento dei dividendi esenti ai sensi della Rule 16a-11 e le segnala su base volontaria.
Il Form 4 è firmato per conto di Gingras da John Raney con procura e identifica Gingras come amministratore. Nel documento non sono presenti transazioni su strumenti derivati, concessioni di opzioni né ulteriori rivelazioni.
Christopher R. Gingras, director de Modiv Industrial, Inc. (MDV), reportó dos transacciones no derivadas el 15/08/2025 vinculadas al reinversión de dividendos. La presentación muestra dos entradas de acciones ordinarias Clase C con el código de transacción J(1): una por 27,8723 acciones a $14,27 y otra por 33,4117 acciones a $14,97. El formulario incluye las participaciones beneficiarias posteriores a la transacción de 9.251,2322 y 9.284,6439 acciones, respectivamente. El declarante indica que estas acciones se adquirieron mediante reinversión de dividendos exentas conforme a la Rule 16a-11 y las informa de forma voluntaria.
El Form 4 está firmado en nombre de Gingras por John Raney bajo poder notarial e identifica a Gingras como director. No aparecen transacciones derivadas, concesiones de opciones ni otras divulgaciones.
Modiv Industrial, Inc.(MDV) 이사인 Christopher R. Gingras는 2025-08-15에 배당 재투자와 관련된 두 건의 비파생 거래를 신고했습니다. 제출서류에는 거래 코드 J(1)로 된 클래스 C 보통주 두 항목이 기재되어 있습니다. 하나는 27.8723주를 주당 $14.27에, 다른 하나는 33.4117주를 주당 $14.97에 취득한 건입니다. 서류에는 거래 후 실질적 보유주식이 각각 9,251.2322주와 9,284.6439주로 기재되어 있습니다. 신고인은 해당 주식들이 Rule 16a-11에 따라 배당 재투자로 면제된 거래로 취득되었으며 자발적으로 보고한다고 명시했습니다.
Form 4는 Gingras를 대신해 John Raney가 위임장을 근거로 서명했으며 Gingras를 이사로 명시하고 있습니다. 파생상품 거래, 옵션 부여 또는 추가 공시는 없습니다.
Christopher R. Gingras, administrateur de Modiv Industrial, Inc. (MDV), a déclaré deux opérations non dérivées le 15/08/2025 liées au réinvestissement des dividendes. Le dépôt indique deux lignes pour des actions ordinaires de classe C avec le code de transaction J(1) : l’une pour 27,8723 actions à 14,27 $ et l’autre pour 33,4117 actions à 14,97 $. Le formulaire fait apparaître les détentions bénéficiaires après transaction de 9 251,2322 et 9 284,6439 actions respectivement. Le déclarant précise que ces actions ont été acquises via des réinvestissements de dividendes exonérés en vertu de la Rule 16a-11 et qu’il les signale volontairement.
Le Form 4 est signé pour Gingras par John Raney en vertu d’une procuration et identifie Gingras comme administrateur. Aucune transaction dérivée, attribution d’options ou autre divulgation n’apparaît dans le dossier.
Christopher R. Gingras, Direktor von Modiv Industrial, Inc. (MDV), meldete am 15.08.2025 zwei nicht-derivative Transaktionen im Zusammenhang mit Dividenden-Reinvestitionen. Die Einreichung weist zwei Posten für Stammaktien der Klasse C mit dem Transaktionscode J(1) auf: einen über 27,8723 Aktien zu $14,27 und einen weiteren über 33,4117 Aktien zu $14,97. Das Formular enthält die nach den Transaktionen geltenden wirtschaftlichen Besitzverhältnisse von 9.251,2322 bzw. 9.284,6439 Aktien. Der Melder weist darauf hin, dass diese Aktien durch dividendenbedingte Reinvestitionen erworben wurden, die gemäß Rule 16a-11 ausgenommen sind, und meldet sie freiwillig.
Das Form 4 ist im Namen von Gingras von John Raney unter Vollmacht unterschrieben und benennt Gingras als Direktor. In der Einreichung sind keine derivativen Transaktionen, Optionszuteilungen oder weiteren Offenlegungen enthalten.
FAQ
What transactions did Christopher R. Gingras report on Form 4 for MDV?
Why were these transactions reported if they are exempt under Rule 16a-11?
What was Gingras' beneficial ownership after the reported transactions?
Who signed the Form 4 and when?
Does the filing report any derivative securities or options for Gingras?
