BlackRock (MOD) reports 4.9% beneficial stake in Modine Manufacturing common stock
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Modine Manufacturing Co. BlackRock and its reporting business units hold 2,569,308 shares, representing 4.9% of the outstanding common stock. It has sole voting power over 2,476,576 shares and sole dispositive power over 2,569,308 shares, with no shared voting or dispositive power. Various underlying clients have economic interests in these shares, but no single client exceeds five percent of Modine’s outstanding common stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 2,569,308 shares
Ownership percentage: 4.9%
Sole voting power: 2,476,576 shares
+2 more
5 metrics
Beneficial ownership
2,569,308 shares
Common stock of Modine Manufacturing Co reported by BlackRock, Inc.
Ownership percentage
4.9%
Percent of Modine Manufacturing Co common stock class held by BlackRock
Sole voting power
2,476,576 shares
Shares for which BlackRock has sole power to vote or direct the vote
Sole dispositive power
2,569,308 shares
Shares for which BlackRock has sole power to dispose or direct disposition
Shared voting power
0 shares
Shares with shared power to vote or direct the vote
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Ownership of 5 Percent or Less of a Class, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,476,576.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 2,569,308.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Ownership of 5 Percent or Less of a Class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
Power of Attorney regulatory
"Exhibit 24: Power of Attorney Exhibit 99: Item 7"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Modine Manufacturing Co (MOD) does BlackRock currently report owning?
BlackRock reports beneficial ownership of 4.9% of Modine Manufacturing Co’s common stock. This stake is based on 2,569,308 shares held by BlackRock’s reporting business units, as disclosed in the Schedule 13G/A amendment.