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

Modine Manufacturing Co.'s VP of Human Resources, Brian Jon Agen, reported a routine disposition of 741 common shares to cover tax withholding obligations.

Summary

• Brian Jon Agen, the Vice President of Human Resources at Modine Manufacturing Co. (MOD), reported a transaction on June 4, 2025.
• The transaction involved the disposition of 741 shares of Modine common stock.
• The shares were disposed of at a price of $91.66 per share.
• This disposition was a private transaction specifically conducted to cover tax withholding requirements.
• Following this transaction, Mr. Agen beneficially owns 91,767 shares of Modine common stock.
• This total includes 1,474 units of Modine common stock held within Mr. Agen's Modine 401(k) Retirement Plan account.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes, which is common for executives with equity compensation and does not reflect a change in company performance or outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape within the manufacturing sector.

Stakeholder Impact

• Shareholders: Minimal impact as this is a small, routine transaction for tax purposes and does not signal a change in company performance or insider confidence.
• Employees: No direct impact from this specific filing.

Key Dates

Keywords

Modine Manufacturing, MOD, SEC Form 4, Insider Trading, Share Disposition, Tax Withholding, Executive Compensation, Beneficial Ownership