Modine (MOD) Insider Award: 1,149 RSUs Added to Directors Holdings
Rhea-AI Filing Summary
Modine Manufacturing Co. reporting person Katherine Carolyn Harper, a company director, received an award of 1,149 restricted stock units (RSUs) on 08/21/2025 that were treated as acquired and deferred by the reporting person. Each RSU represents the right to receive one share of MOD common stock and shares will be delivered according to the reporting persons deferral election. Following this transaction the reporting person beneficially owns 16,578 shares of MOD common stock. The Form 4 was signed by an attorney-in-fact on 08/25/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director compensation via deferred RSUs; no indications of unusual timing or related-party issues in the filing.
The Form 4 documents a deferred award of 1,149 restricted stock units to a director who remains a beneficial owner of 16,578 shares. This appears to be a standard compensation deferral election rather than an open-market purchase or sale, and the filing shows proper disclosure of beneficial ownership. There are no additional derivative transactions or unusual amendments reported.
TL;DR: Minor ownership increase from RSU award; immaterial to company capitalization based on disclosed numbers.
The transaction is listed as an acquisition of 1,149 RSUs with a $0 reported price, reflecting a grant/deferral rather than a cash purchase. The filing provides the post-transaction beneficial ownership figure of 16,578 shares, which investors can compare to outstanding shares elsewhere; this Form 4 itself does not include total share count, market impact data, or financial performance metrics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 1,149 | $0.00 | -- |
Footnotes (1)
- [object Object]