[144] MODINE MANUFACTURING CO SEC Filing
Modine Manufacturing Co. (MOD) filed a Rule 144 notice reporting a planned sale of 1,311 shares of common stock through Morgan Stanley Smith Barney LLC on 10/03/2025, with an aggregate market value listed as $193,792.02 and 52,490,229 shares outstanding. The filing shows those 1,311 shares were acquired as Restricted Stock Units on 10/02/2024. The form also discloses prior Rule 10b5-1 sales by the same person of 6,621 shares on 07/31/2025 for gross proceeds of $841,915.00. The filer attests they are unaware of undisclosed material adverse information and, where applicable, references any 10b5-1 plan adoption date in the remarks.
- Planned sale fully disclosed with broker, quantity, acquisition date, and planned sale date
- Securities were acquired as Restricted Stock Units on 10/02/2024, a clear, documented grant source
- Prior 10b5-1 sales of 6,621 shares on 07/31/2025 reported, which will be aggregated with current sales for Rule 144 calculations
- Aggregate market value reported ($193,792.02) may indicate meaningful insider selling activity in the recent period
Insights
TL;DR: Filing notifies a planned Rule 144 sale of 1,311 shares (RSUs) on 10/03/2025.
The notice documents that the 1,311 shares were acquired as Restricted Stock Units on 10/02/2024 and names Morgan Stanley Smith Barney LLC as the broker. This satisfies Rule 144 disclosure requirements by identifying the class, quantity, acquisition method, and planned sale date.
The filing also reports prior Rule 10b5-1 sales of 6,621 shares on 07/31/2025 generating $841,915.00, which is relevant to aggregated sale calculations under Rule 144.