Form 4: Modine Manufacturing Co. Executive Agen Brian Jon Reports Stock Disposal for Tax Withholding
SEC Form 4 Filing
VP of Human Resources at Modine Manufacturing, Agen Brian Jon, disposed of 741 shares of common stock to cover tax withholding on June 4, 2024.
Summary
- On June 4, 2024, Brian Jon Agen, VP of Human Resources at Modine Manufacturing Co., disposed of 741 shares of common stock.
- The transaction was executed to cover tax withholding obligations.
- The shares were sold at a price of $93.05 per share.
- Following the transaction, Agen directly owns 102,343 shares, which includes 1,474 units held in Modine's 401(k) Retirement Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive sentiment and potential future performance indicators.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of stock disposal transaction |
| 06/06/2024 | Date of signature by Attorney in Fact |
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