Modular Medical director awarded stock options
Modular Medical, Inc. director Jeff D. Goldberg received an option grant to purchase 250 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
Modular Medical, Inc. director Jeff D. Goldberg received an option grant to purchase 250 shares of common stock. The option was awarded on June 30, 2026 under the company’s Outside Director Compensation Plan, with an exercise price of $4.88 per share, and was fully vested and exercisable on the grant date. The option for 250 underlying common shares expires on June 30, 2036, and represents his reported beneficial ownership of this class of derivative security following the transaction.
Insider Trade Summary
Grant/Award: 250 shares
Grant/Award
1 txn
Insider
Goldberg Jeff D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase common stock | 250 | $0.00 | $0.00 |
Holdings After Transaction:
Option to purchase common stock — 250 contracts (Direct)
Footnotes (2)
- F1. The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date.
- F2. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."
Key Figures
Option grant size: 250 options
Exercise price: $4.88 per share
Expiration date: June 30, 2036
+3 more
6 metrics
Option grant size
250 options
Options to purchase 250 shares of common stock granted June 30, 2026
Exercise price
$4.88 per share
Conversion or exercise price for the option award
Expiration date
June 30, 2036
Option to purchase common stock expires on this date
Shares underlying option
250 shares
Underlying common stock covered by the derivative security
Total derivative holdings after grant
250 options
Total beneficial ownership of this class of derivative security
Vesting status
Fully vested at grant
Option fully vested and exercisable on June 30, 2026
Key Terms
Outside Director Compensation Plan, beneficial ownership, derivative security, exercise price
4 terms
Outside Director Compensation Plan financial
"The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan"
beneficial ownership financial
"column 9 reports only total beneficial ownership of the "class" of derivative security"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
derivative security financial
"total beneficial ownership of the "class" of derivative security reported in column 1"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"Options that have different exercise prices or vesting terms are not considered to be of the same "class.""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Modular Medical (MODD) report for Jeff D. Goldberg?
Modular Medical reported that director Jeff D. Goldberg received an option grant for 250 shares of common stock. The derivative award was recorded on June 30, 2026 and reflects compensation rather than an open-market stock purchase or sale.
What is the exercise price and term of Jeff D. Goldberg’s Modular Medical (MODD) option?
The option has an exercise price of $4.88 per share and expires on June 30, 2036. This gives the director the right to buy 250 shares at $4.88 any time before expiration, subject to plan terms.
When did Jeff D. Goldberg’s Modular Medical (MODD) option vest?
The company states the option was fully vested and exercisable on the June 30, 2026 grant date. This means Goldberg did not need to wait through a vesting schedule before being allowed to exercise the 250-share option.
Is Jeff D. Goldberg’s Modular Medical (MODD) option grant an open-market purchase?
No, the grant is compensation, not an open-market purchase. It was awarded under Modular Medical’s Outside Director Compensation Plan, with a reported exercise price of $4.88 per share for 250 underlying common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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