Form 4: Modine Executive Receives Restricted Stock Award

Modine Manufacturing Company VP, GC and CCO Erin J. Roth was granted 668 restricted stock units as part of an equity award.

Summary

• Erin J. Roth, VP, General Counsel, and Chief Compliance Officer of Modine Manufacturing Co, acquired 668 restricted stock units (RSUs).
• The transaction occurred on May 20, 2026, at a price of $0 per share as part of an equity compensation award.
• Following this transaction, the reporting person holds a total of 4,535 shares of common stock.
• The RSUs are subject to a multi-year vesting schedule.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of executive interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The RSUs will vest in three tranches: 33% on 5/20/2027, 33% on 5/20/2028, and 34% on 5/20/2029.

Industry Context

StockSavvy.ai notes that equity grants to key executives are standard corporate governance practices intended to incentivize long-term performance and retention within the manufacturing sector.

Comparison to Industry Standards

• The use of multi-year vesting schedules for RSU awards is consistent with standard executive compensation practices among publicly traded industrial companies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the first tranche of RSUs on May 20, 2027.

Key Dates

Keywords

Modine Manufacturing, MOD, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation