Modular Medical awards DeSisto 83 common shares

The reported 83-share amount reflects a 1-for-30 reverse stock split of the issuer’s common stock effected March 31, 2026.

Rhea-AI Filing Summary

Modular Medical, Inc. (MODD) issued director Duane M. DeSisto 83 shares of common stock on September 30, 2026, under its Outside Director Compensation Plan. His direct holdings following the award were 9,412 shares. The reported share amount reflects the impact of a 1-for-30 reverse stock split effected March 31, 2026.

Insider Trade Summary

Grant/Award: 83 shares

Grant/Award 1 txn

Insider DeSisto Duane M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock F1, F2	83	--	--

Holdings After Transaction: Common stock — 9,412 shares (Direct)

Footnotes (2)

1. F1. The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan.
2. F2. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026.

Key Figures

Common stock issued: 83 shares Direct holdings after award: 9,412 shares Reverse stock split ratio: 1-for-30

3 metrics

Common stock issued 83 shares Issued to Duane M. DeSisto under the Outside Director Compensation Plan on September 30, 2026.

Direct holdings after award 9,412 shares Duane M. DeSisto's reported holdings following the September 30, 2026 award.

Reverse stock split ratio 1-for-30 The common stock reverse split was effected March 31, 2026.

Key Terms

Outside Director Compensation Plan, reverse stock split

2 terms

Outside Director Compensation Plan financial

"in accordance with its Outside Director Compensation Plan"

reverse stock split financial

"impact of a 1-for-30 reverse stock split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

FAQ

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How many shares did MODD director Duane M. DeSisto receive?

Duane M. DeSisto received 83 shares of common stock on September 30, 2026, under the Outside Director Compensation Plan. His direct holdings after the award were 9,412 shares. The reported share amount reflects the impact of a 1-for-30 reverse stock split effected March 31, 2026.

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

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Available on EDGAR 10/01/2026 - 06:29 PM Accepted by SEC EDGAR 10/01/2026 - 06:29 PM Learn about SEC filing dates

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^*

DeSisto Duane M

(Last) (First) (Middle)

C/O MODULAR MEDICAL, INC.

10740 THORNMINT ROAD

(Street)

SAN DIEGO CALIFORNIA 92127

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Modular Medical, Inc. [ MODD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common stock	09/30/2026		A		83	A	(1)	9,412(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan.

2. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026.

	/s/ James Sullivan, attorney-in-fact for Duane M. DeSisto	10/01/2026
	** 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)