[Form 4] Modine Manufacturing Co Insider Trading Activity
Rhea-AI Filing Summary
Modine Manufacturing Co (MOD) officer Eric S. McGinnis disclosed insider sales in a Form 4. On 08/22/2025 he sold 20,868 shares at a weighted average price of $140.65 and 4,305 shares at $141.89. On 08/25/2025 he disposed of 759 shares in a private transaction to cover tax withholding at $138.12. Following these transactions the reporting person beneficially owned 19,207 shares, held directly. The Form 4 includes a footnote that the $140.65 price is a weighted average across multiple sale prices within $140.56 to $141.06 and offers to provide full breakdowns on request.
Positive
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Negative
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Insights
TL;DR: Officer sold a sizable block of shares across two dates, reducing direct holdings to 19,207 shares; transaction fully disclosed on Form 4.
The filing shows Robert McGinnis's role as President, Climate Solutions, reporting three disposals totaling 25,932 shares across two trading dates and a private tax-withholding transfer. The Form 4 supplies transaction codes and prices, including a weighted-average price disclosure for the largest sale. For investors this is a routine insider sale disclosure rather than a corporate event; the filing provides clear quantities, prices, and the post-transaction beneficial ownership level.
TL;DR: Disclosure complies with Section 16 rules and documents both open-market sales and a private tax-related disposition.
The Form 4 identifies the reporting person as an officer and Director and lists the nature of each disposition, including a private transfer to cover tax withholding. The document includes appropriate explanatory footnotes and a signature by an attorney-in-fact, indicating procedural compliance. There is no indication in the filing of derivative transactions or amendments beyond the reported disposals.