Form 4: Modine Manufacturing Co. Executive Receives Restricted Stock Units

Erin Jennifer Roth, VP, GC and CCO of Modine Manufacturing Co., was granted 1,445 restricted stock units on May 16, 2025, vesting over three years.

Summary

• Erin Jennifer Roth, a VP, GC and CCO at Modine Manufacturing Co., filed a Form 4 on May 20, 2025, reporting a transaction.
• On May 16, 2025, Roth was granted 1,445 restricted stock units (RSUs).
• These RSUs will vest in three tranches: 33% on May 16, 2026, 33% on May 16, 2027, and the remaining 34% on May 16, 2028.
• Each RSU represents a contingent right to receive one share of Modine Manufacturing Co. common stock.
• Following the reported transaction, Roth directly owns 4,383 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine grant of restricted stock units, which is a standard compensation practice.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term performance.

Future Outlook

The executive's compensation is tied to the company's stock performance over the next three years due to the vesting schedule of the restricted stock units.

Industry Context

Granting restricted stock units is a common practice in corporate governance to align executive compensation with shareholder value and incentivize long-term performance.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns management's interests with the company's long-term success.

Key Dates

Keywords

Form 4, restricted stock units, MOD, Modine Manufacturing Co., insider transaction, equity compensation, Erin Jennifer Roth