Modine (NYSE: MOD) HVAC president sells 1,020 shares in open-market trade
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
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)
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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.