Form 4: Modine Manufacturing Executive Stock Transaction

Brian Jon Agen, VP and CHRO of Modine Manufacturing, disposed of 388 shares to cover tax withholding obligations.

Summary

• Brian Jon Agen, VP and CHRO of Modine Manufacturing Co (MOD), disposed of 388 shares of common stock.
• The transaction occurred on May 16, 2026, at a price of $271.26 per share.
• The disposal was executed to satisfy tax withholding requirements related to equity compensation.
• Following this transaction, the reporting person maintains beneficial ownership of 89,627 shares, including 1,474 units held in a 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax obligations.

Positives

• The transaction was a routine administrative action to cover tax liabilities rather than a discretionary sale of shares.

Negatives

• Reduction in the total number of shares held directly by a key executive.

Risks

• None identified; this is a standard tax-related transaction.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that routine tax-related share disposals by executives are standard corporate practice and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation practices for publicly traded manufacturing firms.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a non-discretionary tax settlement.

Key Dates

Keywords

Modine Manufacturing, MOD, Insider Trading, Form 4, Executive Compensation, Tax Withholding