Director at Modular Medical (MODD) receives 250 fully vested options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Modular Medical, Inc. director Ellen O'Connor Vos received a grant of options to purchase 250 shares of common stock at an exercise price of $4.88 per share. The options were granted under the Outside Director Compensation Plan, were fully vested and exercisable on the grant date, and expire on June 30, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vos Ellen O'Connor
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase common stock | 250 | $0.00 | -- |
Holdings After Transaction:
Option to purchase common stock — 250 shares (Direct, null)
Footnotes (1)
- 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. 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
+2 more
5 metrics
Option grant size
250 options
Options to purchase common stock granted June 30, 2026
Exercise price
$4.88 per share
Exercise price of the options to buy common stock
Expiration date
June 30, 2036
Option grant expiration for director’s award
Beneficial ownership of this option class
250 derivative securities
Total options of this class following the transaction
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Outside Director Compensation Plan, beneficial ownership, derivative security
3 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.
FAQ
What insider transaction did Modular Medical (MODD) report for Ellen O'Connor Vos?
Modular Medical reported that director Ellen O'Connor Vos received a grant of options to purchase 250 shares of common stock. These options were awarded under the company’s Outside Director Compensation Plan as part of her director compensation.
What are the key terms of Ellen O'Connor Vos’s stock options at Modular Medical (MODD)?
The grant covers options to buy 250 shares of Modular Medical common stock at an exercise price of $4.88 per share. The options were fully vested and exercisable on the grant date and have a long-term expiration in 2036.
When do Ellen O'Connor Vos’s Modular Medical (MODD) options vest and expire?
The options granted to Ellen O'Connor Vos were fully vested and exercisable on the June 30, 2026 grant date. They carry an expiration date of June 30, 2036, giving a 10-year window during which the options may be exercised.
Under what plan were Ellen O'Connor Vos’s Modular Medical (MODD) options granted?
The option grant to Ellen O'Connor Vos was made under Modular Medical’s Outside Director Compensation Plan. This plan governs how non-employee directors are compensated in equity, including terms such as vesting, exercise price, and overall grant structure.