Modine (NYSE: MOD) executive reports share sale and 436-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Modine Manufacturing executive Arthur Laszlo Jr., President, Data Centers, reported two share dispositions. On June 1, he completed an open-market sale of 900 shares of common stock at $295.7601 per share. On May 31, 436 shares were disposed of in a private transaction to cover tax withholding at $278.91 per share. Following these transactions, he directly holds 12,545 shares of Modine common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 900 shares ($266,184)
Net Sell
2 txns
Insider
Laszlo Arthur Jr.
Role
President, Data Centers
Sold
900 shs ($266K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 900 | $295.7601 | $266K |
| Tax Withholding | Common stock | 436 | $278.91 | $122K |
Holdings After Transaction:
Common stock — 12,545 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market sale shares: 900 shares
Open-market sale price: $295.7601 per share
Tax-withholding shares: 436 shares
+2 more
5 metrics
Open-market sale shares
900 shares
Common stock sold on June 1 in open market
Open-market sale price
$295.7601 per share
Price for 900-share sale of common stock
Tax-withholding shares
436 shares
Private disposition to cover tax withholding on May 31
Tax-withholding price
$278.91 per share
Value used for 436-share tax-withholding disposition
Shares owned after transactions
12,545 shares
Direct Modine common stock holding after reported transactions
Key Terms
open-market sale, tax-withholding disposition, Common stock, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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.
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
What insider transactions did MOD executive Arthur Laszlo Jr. report?
Arthur Laszlo Jr. reported an open-market sale of 900 shares of Modine common stock and a separate disposition of 436 shares to cover tax withholding. These transactions were recorded on June 1 and May 31, respectively.
What portion of MOD insider activity was for tax withholding?
The Form 4 shows a tax-withholding disposition of 436 shares of Modine common stock. This transaction was described as a private disposition to cover tax withholding obligations, distinct from the separate open-market sale of 900 shares.
Was the MOD insider transaction an open-market sale or another type of trade?
The Form 4 identifies the 900-share transaction as an open-market sale of Modine common stock. In contrast, the 436-share transaction is described as a private disposition specifically used to satisfy tax withholding requirements.