MOD (MOD) executive receives 583 restricted stock units in equity grant

Rhea-AI Filing Summary

Patten Jeremy Michael reported acquisition or exercise transactions in this Form 4 filing.

MODINE MANUFACTURING CO executive Jeremy Michael Patten, President of Performance Technologies, reported receiving an equity award of 583 shares of common stock in the form of restricted stock units. This is a compensation-related grant at no cash cost to him, not an open-market trade.

The restricted stock units will vest over three years, with 33% vesting on May 20, 2027, another 33% on May 20, 2028, and the remaining 34% on May 20, 2029. After this award, his direct holdings total 3,377 shares of MOD common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Patten Jeremy Michael

Role President, Perf. Technologies

Type	Security	Shares	Price	Value
Grant/Award	Common stock	583	$0.00	--

Holdings After Transaction: Common stock — 3,377 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 583 units Post-transaction holdings: 3,377 shares Award price: $0.00 per share +3 more

6 metrics

RSU grant size 583 units Restricted stock units awarded May 20, 2026

Post-transaction holdings 3,377 shares Common stock held directly after award

Award price $0.00 per share Equity compensation grant, no purchase price

First vesting tranche 33% of 583 units Vests on May 20, 2027

Second vesting tranche 33% of 583 units Vests on May 20, 2028

Final vesting tranche 34% of 583 units Vests on May 20, 2029

Key Terms

restricted stock units, contingent right, grant, award, or other acquisition

3 terms

restricted stock units financial

"This is an award of restricted stock units which will vest as follows"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Patten Jeremy Michael

(Last) (First) (Middle)

1500 DEKOVEN AVE.

(Street)

RACINE WISCONSIN 53403

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Perf. Technologies

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

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

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

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	05/20/2026		A		583(1)	A	$0	3,377	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

Explanation of Responses:

1. This is an award of restricted stock units which will vest as follows: 33% on 5/20/2027, 33% on 5/20/2028 and the remaining 34% on 5/20/2029. Each restricted stock unit represents a contingent right to receive one share of MOD common stock.

	/s/ Erin J. Roth, Attorney-in-Fact	05/22/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MOD (MOD) report for Jeremy Michael Patten?

MOD reported that executive Jeremy Michael Patten received a grant of 583 restricted stock units of MOD common stock. This is a compensation-related equity award at no purchase price, not an open-market buy or sell transaction.

How many MOD (MOD) shares does Jeremy Michael Patten hold after this Form 4?

Following the reported award, Jeremy Michael Patten holds 3,377 shares of MOD common stock directly. This figure includes the newly granted 583 restricted stock units that will convert into shares as they vest over the next three years.

What are the vesting terms of Jeremy Michael Patten’s MOD (MOD) restricted stock units?

The 583 restricted stock units vest in three installments: 33% on May 20, 2027, 33% on May 20, 2028, and the remaining 34% on May 20, 2029. Each vested unit delivers one share of MOD common stock.

Was cash paid for the MOD (MOD) shares reported in this Form 4?

No cash was paid for these shares. The filing shows a transaction price of $0.00 per share because the 583 units represent a stock-based compensation grant, giving the executive shares over time as they vest rather than through a market purchase.

Does this MOD (MOD) Form 4 indicate any insider selling activity?

The Form 4 does not show any insider selling activity. It reports only an acquisition coded as a grant or award, meaning the executive received 583 restricted stock units as part of compensation, with no shares sold in this filing.