Form 4: Modine Manufacturing Co: Executive Agen Brian Jon Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


VP of Human Resources at Modine Manufacturing, Brian Jon Agen, reports the disposal of 1,700 shares to cover tax withholding on June 6, 2024, leaving him with 100,643 shares.

Summary

  • On June 6, 2024, Brian Jon Agen, VP of Human Resources at Modine Manufacturing Co, disposed of 1,700 shares of common stock.
  • The transaction was executed to cover tax withholding obligations.
  • The price per share was $90.52.
  • Following the transaction, Agen directly owns 100,643 shares, which includes 1,474 units held in the Modine 401(k) Retirement Plan account.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares compared to the total outstanding shares.

Key Dates

DateDescription
06/06/2024Date of stock disposal transaction.
06/10/2024Date of signature by Attorney in Fact.

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