Modine executive covers taxes with 247 share transfer
MODINE MANUFACTURING CO executive Arthur Laszlo Jr., President, Data Centers, had 247 shares of common stock transferred in a private transaction to cover tax withholding obligations.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
MODINE MANUFACTURING CO executive Arthur Laszlo Jr., President, Data Centers, had 247 shares of common stock transferred in a private transaction to cover tax withholding obligations. This tax-withholding disposition was not an open-market sale. After the transaction, he directly holds 7,205 common shares.
Insider Trade Summary
Exercise Price or Tax Liability: 247 shares
Exercise Price or Tax Liability
1 txn
Insider
Laszlo Arthur Jr.
Role
President, Data Centers
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 247 | $271.26 | $67K |
Holdings After Transaction:
Common stock — 7,205 shares (Direct)
Footnotes (1)
- F1. Shares disposed of in a private transaction to cover tax withholding.
Key Figures
Shares used for tax withholding: 247 shares
Price per share for tax withholding: $271.26 per share
Shares held after transaction: 7,205 shares
3 metrics
Shares used for tax withholding
247 shares
Common stock disposed of in private transaction to cover tax withholding
Price per share for tax withholding
$271.26 per share
Value assigned to 247 common shares used for tax withholding
Shares held after transaction
7,205 shares
Direct common stock ownership following tax-withholding disposition
Key Terms
tax-withholding disposition, Common stock, private transaction, Form 4
4 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common stock financial
"security_title: "Common stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
private transaction financial
"Shares disposed of in a private transaction to cover tax withholding."
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MOD (Modine Manufacturing) report for Arthur Laszlo Jr.?
Modine reported a tax-related share disposition by Arthur Laszlo Jr. He transferred 247 common shares in a private transaction to cover tax withholding, rather than selling them on the open market, and now directly holds 7,205 common shares.
Was the MOD insider transaction by Arthur Laszlo Jr. an open-market sale?
No, the transaction was not an open-market sale. The 247 Modine common shares were disposed of in a private transaction specifically to cover tax withholding obligations, according to the footnote, which distinguishes it from a discretionary sale into the market.
What does transaction code F mean in the MOD Form 4 for Arthur Laszlo Jr.?
Transaction code F indicates shares used to pay exercise price or tax liabilities. In this case, 247 Modine common shares were disposed of in a private transaction to cover tax withholding, rather than reflecting a standard market purchase or sale.
What role does Arthur Laszlo Jr. hold at MODINE MANUFACTURING CO?
Arthur Laszlo Jr. is an officer of Modine Manufacturing, serving as President, Data Centers. His role is disclosed alongside the insider transaction details, helping investors understand which senior executive is involved in this tax-withholding share disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
