Modine director sells 1,100 shares under 10b5-1
Modine Manufacturing director Garimella Suresh V reported selling 1,100 shares of the company’s common stock on January 22, 2026 at a price of $150 per share.
Rhea-AI Filing Summary
Modine Manufacturing director Garimella Suresh V reported selling 1,100 shares of the company’s common stock on January 22, 2026 at a price of $150 per share. After this transaction, he beneficially owned 80,956 common shares, held directly.
The sale was made under a pre-arranged Rule 10b5-1 trading plan that he adopted on September 20, 2025, which allows insiders to systematically sell shares according to preset instructions, helping separate personal trading decisions from day-to-day company developments.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 1,100 | $150.00 | $165K |
Footnotes (1)
- F1. The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person on September 20, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MOD director Garimella Suresh V report?
Director Garimella Suresh V reported selling 1,100 shares of Modine Manufacturing common stock on January 22, 2026 at a price of $150 per share.
Was the MOD insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the 1,100-share sale occurred in accordance with a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2025.
What is the role of the reporting person at Modine Manufacturing (MOD)?
The reporting person, Garimella Suresh V, is identified as a director of Modine Manufacturing and is not listed as an officer or 10% owner in this filing.
Is the MOD insider transaction reported as direct or indirect ownership?
The filing shows the 1,100-share sale and the remaining 80,956 shares as held with direct ownership by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.