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[144] MODINE MANUFACTURING CO SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

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.

Positive
  • 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
Negative
  • 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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 for MOD report?

The filing reports a proposed sale of 1,311 common shares through Morgan Stanley Smith Barney LLC on 10/03/2025 with aggregate market value $193,792.02.

How were the shares being sold acquired?

The 1,311 shares were acquired as Restricted Stock Units on 10/02/2024.

Are there recent prior sales by the same person?

Yes. The filing discloses Rule 10b5-1 sales of 6,621 shares on 07/31/2025 for gross proceeds of $841,915.00.

Who is the broker handling the planned sale?

The broker listed is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, New York, NY.

Does the filer assert any undisclosed material information?

By signing, the filer represents they do not know of any material adverse information about the issuer that is not publicly disclosed.
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