MOD (NYSE: MOD) affiliate notifies proposed sale of 14,080 shares

Rhea-AI Filing Summary

MOD filed a Form 144 notice reporting proposed sales of 14,080 shares of Common Stock. The filing lists individual lots tied to restricted stock vesting and option exercises on 06/06/2024, 08/25/2024, 04/03/2025, and 05/16/2026.

Key Figures

Proposed shares for sale: 14,080 shares Lot: 06/06/2024 vesting: 2,793 shares Lot: 08/25/2024 vesting: 1,163 shares +2 more

5 metrics

Proposed shares for sale 14,080 shares Listed in filing header

Lot: 06/06/2024 vesting 2,793 shares Restricted stock vesting under a registered plan

Lot: 08/25/2024 vesting 1,163 shares Restricted stock vesting under a registered plan

Lot: 04/03/2025 exercises 6,413 shares Exercise of options under a registered plan (3,200 + 6,213 shown)

Lot: 05/16/2026 vesting 711 shares Restricted stock vesting under a registered plan

Key Terms

Restricted stock vesting, Exercise of options, Form 144

3 terms

Restricted stock vesting financial

"Restricted stock vesting under a registered plan"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Exercise of options financial

"Exercise of options under a registered plan"

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	14080	3946060.80	52816000	05/29/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/06/2024	Restricted stock vesting under a registered plan	Issuer			2793	06/06/2024	Services Rendered
Common	08/25/2024	Restricted stock vesting under a registered plan	Issuer			1163	08/25/2024	Services Rendered
Common	05/16/2026	Restricted stock vesting under a registered plan	Issuer			711	05/16/2026	Services Rendered
Common	04/03/2025	Exercise of options under a registered plan	Issuer			3200	04/03/2025	Cash
Common	04/03/2025	Exercise of options under a registered plan	Issuer			6213	04/03/2025	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does MOD's Form 144 notice report?

The notice reports a proposed sale of 14,080 shares of Common Stock. It lists specific lots tied to restricted stock vesting and option exercises dated between 06/06/2024 and 05/16/2026.

Who is identified in the MOD Form 144 filing?

The filing references Morgan Stanley Smith Barney LLC Executive Financial Services in the securities section. The document lists the issuer and methods (vesting/exercise) for the lots; no buyer counterparties are named in the excerpt.

Do the listed lots specify how the shares were acquired?

Yes. The excerpt shows shares tied to restricted stock vesting and to exercise of options under registered plans, with several lots explicitly labeled as ‘Services Rendered’ or ‘Cash’ exercises on their respective dates.

Does the Form 144 indicate proceeds or sale timing for MOD shares?

The excerpt lists proposed lots and dates but does not state sale proceeds or exact sale timing. It records the types of transactions (vesting/exercise) and the number of shares per lot.