Modine (NYSE: MOD) HVAC president sells 1,020 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MODINE MANUFACTURING CO executive Eric S. McGinnis, President, Commercial HVAC, executed an open-market sale of 1,020 shares of common stock on June 18, 2026 at an average price of $295.065 per share. Following this transaction, he directly holds 28,364 MOD shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,020 shares ($300,966)
Net Sell
1 txn
Insider
McGinnis Eric S
Role
President, Commercial HVAC
Sold
1,020 shs ($301K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 1,020 | $295.065 | $301K |
Holdings After Transaction:
Common stock — 28,364 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,020 shares
Average sale price: $295.065 per share
Shares held after transaction: 28,364 shares
3 metrics
Shares sold
1,020 shares
Open-market sale on June 18, 2026
Average sale price
$295.065 per share
Open-market sale of common stock
Shares held after transaction
28,364 shares
Direct ownership following sale
Key Terms
open-market sale, non-derivative, transaction code, direct ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 1,020 common shares"
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.
non-derivative financial
"transaction_type is listed as "non-derivative" for the common stock"
transaction code financial
"transaction_code "S" is used for the sale entry"
direct ownership financial
"ownership_type is shown as "direct" with code "D""
FAQ
What insider transaction did MOD (Modine Manufacturing) disclose in this Form 4?
Modine Manufacturing disclosed that executive Eric S. McGinnis completed an open-market sale of 1,020 shares of common stock. The transaction took place on June 18, 2026, and was reported as a standard non-derivative sale at a specified average price per share.
Who is the insider involved in the latest MOD Form 4 filing?
The insider is Eric S. McGinnis, President, Commercial HVAC at Modine Manufacturing. He reported a single non-derivative open-market sale of company common stock, reflecting activity in his personal holdings rather than a company-level financing or compensation grant.
Was the MOD insider transaction in this Form 4 a buy or a sell?
The transaction was a sell. The Form 4 identifies a non-derivative open-market sale of 1,020 Modine common shares by Eric S. McGinnis, with the transaction code marked as a sale and the direction labeled as a net-sell in the summary data.
Did the MOD Form 4 include any derivative or options transactions?
No, the Form 4 shows only a non-derivative transaction involving common stock. The derivativeSummary section is empty, indicating there were no reported option exercises, conversions, or other derivative-related trades by Eric S. McGinnis in this particular filing.