MOD (NYSE: MOD) Form 144: Trust lists sale of 14,080 shares valued $3.95M
Rhea-AI Filing Summary
MOD reports a proposed sale of 24,002 shares of Common Stock under a notice on Form 144, with restricted stock vesting identified under a registered plan. The excerpt shows a related transaction by ERIC MCGINNIS REVOCABLE TRUST of 14,080 shares on 05/29/2026 for $3,946,060.80.
Positive
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Negative
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Insights
Form 144 notice documents a proposed resale of restricted shares by an affiliated trust.
The filing lists 24,002 shares as the framed securities and describes the source as restricted stock vesting under a registered plan. The trust sale of 14,080 shares is recorded with a dollar value of $3,946,060.80.
Timing and exact distribution mechanics are governed by resale conditions for Rule 144 transactions; subsequent broker or issuer disclosures may clarify whether sales were completed and the proceeds treatment.