Modine (NYSE: MOD) VP and CHRO granted 556 restricted stock units in equity award

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Form Type

Rhea-AI Filing Summary

MODINE MANUFACTURING CO reported that VP and Chief Human Resources Officer Brian Jon Agen received an equity compensation award. He acquired 556 restricted stock units of Modine common stock at no cash cost as a grant or award.

The award will vest over time, with 33% vesting on May 20, 2027, another 33% on May 20, 2028, and the remaining 34% on May 20, 2029. After this grant, Agen holds a total of 90,183 shares and units, including 1,474 units of Modine common stock in his Modine 401(k) Retirement Plan account.

Insider Trade Summary

Net Buyer: 556 shares

Net Buy 1 txn

Insider Agen Brian Jon

Role VP, CHRO

Type	Security	Shares	Price	Value
Grant/Award	Common stock	556	$0.00	$0.00

Holdings After Transaction: Common stock — 90,183 shares (Direct)

Footnotes (2)

F1. 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.
F2. This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.

Key Figures

Restricted stock units granted: 556 units Grant price per share: $0.00 per share Total holdings after transaction: 90,183 shares and units +4 more

7 metrics

Restricted stock units granted 556 units Equity award on May 20, 2026

Grant price per share $0.00 per share Compensation grant, not open-market purchase

Total holdings after transaction 90,183 shares and units Reported following the May 20, 2026 award

401(k) plan units 1,474 units Modine common stock units in 401(k) Retirement Plan

First vesting tranche 33% on May 20, 2027 Time-based vesting schedule

Second vesting tranche 33% on May 20, 2028 Time-based vesting schedule

Final vesting tranche 34% on May 20, 2029 Completion of RSU vesting

Key Terms

restricted stock units, contingent right, 401(k) Retirement Plan, grant, award, or other acquisition

4 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"

401(k) Retirement Plan financial

"held in the Reporting Person's Modine 401(k) Retirement Plan account"

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/22/2026 - 06:11 PM

FAQ

What insider transaction did MOD (Modine Manufacturing) disclose in this Form 4?

Modine disclosed that VP and CHRO Brian Jon Agen received a grant of 556 restricted stock units of common stock. The award is equity compensation with no cash paid and increases his total reported holdings to 90,183 shares and units, including retirement plan holdings.

How many Modine (MOD) shares does Brian Jon Agen hold after this grant?

After the grant, Brian Jon Agen is reported to hold 90,183 Modine common shares and units. This total includes 1,474 units held in his Modine 401(k) Retirement Plan account, reflecting both directly held stock and retirement plan-related units.

What are the vesting terms of the new MOD restricted stock unit award?

The 556 restricted stock units vest in three installments over three years. Thirty‑three percent vest on May 20, 2027, another 33% on May 20, 2028, and the remaining 34% on May 20, 2029, subject to standard award conditions.

Did Brian Jon Agen buy MOD shares in the open market in this Form 4?

No, the filing shows an award coded as a grant or other acquisition, not an open‑market purchase. The 556 restricted stock units were granted at a reported price of $0.00 per share as part of his compensation package.

What does each restricted stock unit in the MOD grant represent?

Each restricted stock unit represents a contingent right to receive one share of Modine common stock. Delivery of actual shares depends on satisfying the vesting schedule, with portions vesting in 2027, 2028, and 2029 as specified in the award terms.

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^*

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP, CHRO

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	05/20/2026		A		556⁽¹⁾	A	$0	90,183⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.

	/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)

Source: View Original Filing on SEC EDGAR