STOCK TITAN

Modine (NYSE: MOD) VP completes 38K-share Rule 10b5-1 stock sale

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Modine Manufacturing VP and CHRO Brian Jon Agen sold 38,282 shares of common stock in open-market transactions on June 18, 2026. The sales were executed at weighted-average prices within ranges from $284.51 to $300.05 per share under a pre-established Rule 10b5-1 trading plan, which the filing states is now fully completed. Following these sales, he directly holds 66,343 shares of Modine common stock, including units held in his Modine 401(k) Retirement Plan account.

Positive

  • None.

Negative

  • None.
Insider Agen Brian Jon
Role VP, CHRO
Sold 38,282 shs ($11.30M)
Type Security Shares Price Value
Sale Common stock 123 $284.7984 $35K
Sale Common stock 577 $286.0551 $165K
Sale Common stock 400 $287.353 $115K
Sale Common stock 100 $288.08 $29K
Sale Common stock 200 $289.205 $58K
Sale Common stock 1,380 $291.6851 $403K
Sale Common stock 2,368 $292.4718 $693K
Sale Common stock 6,732 $293.4834 $1.98M
Sale Common stock 4,739 $294.3661 $1.40M
Sale Common stock 4,881 $295.4166 $1.44M
Sale Common stock 900 $296.1826 $267K
Sale Common stock 15,482 $297.3733 $4.60M
Sale Common stock 200 $298.30 $60K
Sale Common stock 200 $300.04 $60K
Holdings After Transaction: Common stock — 104,502 shares (Direct, null)
Footnotes (1)
  1. The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person on March 19, 2026. This completes all activity under that plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.5100 to $285.3600, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (14) to this Form 4. This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.5500 to $286.5200, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.0350 to $287.9300, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.1900 to $289.2200, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.8600 to $291.8500, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.9500 to $292.9100, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.9600 to $293.9400, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.9850 to $294.9600, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.9900 to $295.9400, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.9900 to $296.9700, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.1700 to $298.0500, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.0300 to $300.0500, inclusive.
Shares sold 38,282 shares Open-market sales on June 18, 2026
Price range $284.51–$300.05 per share Weighted-average sale price ranges from footnotes
Holdings after transaction 66,343 shares Direct Modine common stock held after sales
401(k) units included 1,474 units Modine common stock units in 401(k) within total holdings
Number of sale entries 14 transactions Non-derivative open-market sale entries in Form 4
Rule 10b5-1 plan regulatory
"The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person..."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Modine 401(k) Retirement Plan financial
"This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account."
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.
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SEC Form 4
FORM 4UNITED 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).
X
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*
Agen Brian Jon

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock06/18/2026S123(1)D$284.7984(2)104,502(3)D
Common stock06/18/2026S577(1)D$286.0551(4)103,925(3)D
Common stock06/18/2026S400(1)D$287.353(5)103,525(3)D
Common stock06/18/2026S100(1)D$288.08103,425(3)D
Common stock06/18/2026S200(1)D$289.205(6)103,225(3)D
Common stock06/18/2026S1,380(1)D$291.6851(7)101,845(3)D
Common stock06/18/2026S2,368(1)D$292.4718(8)99,477(3)D
Common stock06/18/2026S6,732(1)D$293.4834(9)92,745(3)D
Common stock06/18/2026S4,739(1)D$294.3661(10)88,006(3)D
Common stock06/18/2026S4,881(1)D$295.4166(11)83,125(3)D
Common stock06/18/2026S900(1)D$296.1826(12)82,225(3)D
Common stock06/18/2026S15,482(1)D$297.3733(13)66,743(3)D
Common stock06/18/2026S200(1)D$298.366,543(3)D
Common stock06/18/2026S200(1)D$300.04(14)66,343(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person on March 19, 2026. This completes all activity under that plan.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.5100 to $285.3600, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (14) to this Form 4.
3. This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.5500 to $286.5200, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.0350 to $287.9300, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.1900 to $289.2200, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.8600 to $291.8500, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.9500 to $292.9100, inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.9600 to $293.9400, inclusive.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.9850 to $294.9600, inclusive.
11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.9900 to $295.9400, inclusive.
12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.9900 to $296.9700, inclusive.
13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.1700 to $298.0500, inclusive.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.0300 to $300.0500, inclusive.
/s/ Erin J. Roth, Attorney-in-Fact06/22/2026
** Signature of Reporting PersonDate
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 did Modine (MOD) executive Brian Jon Agen report in this Form 4?

Brian Jon Agen, Modine’s VP and CHRO, reported selling 38,282 shares of Modine common stock in open-market transactions. These trades occurred on June 18, 2026 and were executed under a pre-established Rule 10b5-1 trading plan that has now been completed.

At what prices did Brian Jon Agen sell Modine (MOD) shares?

The Form 4 shows his Modine share sales occurred at weighted-average prices within multiple ranges. According to footnotes, individual trades were executed between approximately $284.51 and $300.05 per share, with detailed breakdowns available upon request from Modine or the SEC staff.

How many Modine (MOD) shares does Brian Jon Agen hold after these sales?

After the reported transactions, Brian Jon Agen directly holds 66,343 Modine common shares. A footnote explains this total includes 1,474 units of Modine common stock in his Modine 401(k) Retirement Plan account, reflecting both regular holdings and retirement-plan units.

Were Brian Jon Agen’s Modine (MOD) share sales pre-planned?

Yes. A footnote states the sales occurred under a Rule 10b5-1 trading plan adopted on March 19, 2026. The filing further notes these transactions complete all activity under that plan, indicating the trades were scheduled in advance rather than newly initiated.

How many transactions did the Modine (MOD) Form 4 for Brian Jon Agen include?

The transaction summary shows 14 separate open-market sale entries for Modine common stock. Each entry reflects a different weighted-average sale price, with detailed price ranges disclosed in multiple footnotes describing how shares were sold across several closely spaced price levels.