Form 4: Modine Manufacturing VP Disposes of Shares for Tax Withholding

Brian Jon Agen, VP of Human Resources at Modine Manufacturing Co., has disposed of 555 shares of common stock to cover tax withholding obligations.

Summary

• Brian Jon Agen, the Vice President of Human Resources at Modine Manufacturing Co. (MOD), reported a disposition of company common stock.
• On May 31, 2025, Mr. Agen disposed of 555 shares of Modine common stock at a price of $90.8 per share.
• The transaction was conducted as a private disposition specifically to cover tax withholding obligations.
• Following this transaction, Mr. Agen beneficially owns 92,508 shares of Modine common stock.
• This total includes 1,474 units of Modine common stock held in his Modine 401(k) Retirement Plan account.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects a standard compensation-related event for a corporate executive.

Stakeholder Impact

• Shareholders: The disposition of a small number of shares by a VP for tax purposes is a routine event and is unlikely to have a material impact on the company's stock price or shareholder value.

Key Dates

Keywords

Modine Manufacturing, MOD, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Brian Jon Agen, Corporate Officer, Equity Securities