Modine Manufacturing CEO Expands Stake Following Strong Stock Performance

Rhea-AI Filing Summary

Neil David Brinker, President, CEO, and Director of Modine Manufacturing (NYSE: MOD), exercised stock options and acquired shares on June 18, 2025. Key details of the transaction:

• Exercised 8,108 employee stock options at a strike price of $17.79 per share
• Acquired 8,108 common shares through the options exercise
• Post-transaction, directly owns 270,183 shares and retains 36,331 unexercised stock options
• The exercised options were part of a grant that vested in four equal annual installments from 2022 to 2025

The transaction was executed pursuant to the normal vesting schedule of the executive's equity compensation plan, with the final installment vesting on June 4, 2025. The Form 4 was filed by attorney-in-fact Erin J. Roth on June 20, 2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brinker Neil David

(Last) (First) (Middle)

1500 DEKOVEN AVE.

(Street)

RACINE WI 53403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MODINE MANUFACTURING CO [ MOD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	06/18/2025		M		8,108	A	$17.79	270,183	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (Right to buy)	$17.79	06/18/2025		M			8,108	(1)	06/04/2031	Common stock	8,108	$0	36,331	D

Explanation of Responses:

1. This option vested in four equal installments on June 4, 2022, 2023, 2024, and 2025.

	/s/ Erin J. Roth, Attorney-in-Fact	06/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did MOD's CEO Neil Brinker report on June 18, 2025?

MOD's CEO Neil Brinker exercised 8,108 stock options at a price of $17.79 per share, acquiring an equivalent amount of common stock. Following this transaction, he owned 270,183 shares of MOD stock directly.

How many MOD shares does CEO Neil Brinker own after the June 2025 transaction?

After the stock option exercise on June 18, 2025, CEO Neil Brinker directly owned 270,183 shares of Modine Manufacturing Co (MOD) common stock.

What is the vesting schedule for MOD CEO's stock options reported in June 2025?

The stock options reported in the filing vested in four equal annual installments on June 4th of 2022, 2023, 2024, and 2025. These options expire on June 4, 2031.

How many employee stock options does Neil Brinker have remaining at MOD after the June 2025 exercise?

Following the exercise of 8,108 options on June 18, 2025, CEO Neil Brinker still holds 36,331 employee stock options (Right to buy) with an exercise price of $17.79.