Form 4: Modine Manufacturing Co. Executive Agen Brian Jon Reports Stock Disposal for Tax Withholding
SEC Form 4 Filing
VP, CHRO Agen Brian Jon disposed of 1,927 shares of Modine Manufacturing Co. stock on October 2, 2024, to cover tax withholding obligations.
Summary
- On October 2, 2024, Brian Jon Agen, VP, CHRO of Modine Manufacturing Co., disposed of 1,927 shares of common stock.
- The transaction was executed to cover tax withholding obligations.
- The price per share was $131.84.
- Following the transaction, Agen directly owns 91,987 shares, which includes 1,474 units held in the Modine 401(k) Retirement Plan account.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction for tax purposes. It doesn't convey any particularly positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations and does not necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock disposal transaction |
| 10/04/2024 | Date of Form 4 filing |
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