Form 4: MODIV CEO Boosts Stake via Dividend Reinvestment

MODIV INDUSTRIAL, INC. CEO and President, Aaron Scott Halfacre, acquired additional Class C Common Stock through a dividend reinvestment plan.

Summary

• Aaron Scott Halfacre, CEO and President of MODIV INDUSTRIAL, INC., acquired 901.5951 shares of Class C Common Stock.
• The acquisition occurred on January 15, 2026, at a price of $13.7 per share.
• This transaction was part of a dividend reinvestment plan and is exempt from Section 16 reporting requirements under Rule 16a-11, but is being reported voluntarily.
• Following this transaction, Halfacre directly owns 127,582.3813 shares of Class C Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The CEO's acquisition of additional shares through a dividend reinvestment plan, while routine, indicates continued alignment with shareholder interests and confidence in the company's long-term prospects.

Positives

• CEO Aaron Scott Halfacre increased his direct beneficial ownership in MODIV INDUSTRIAL, INC. by 901.5951 shares.
• The acquisition was made through a dividend reinvestment plan, indicating continued confidence and long-term investment in the company.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• Aaron Scott Halfacre, CEO and President, acquired shares from the company via dividend reinvestment.

Stakeholder Impact

• Shareholders: May view the CEO's increased stake as a positive signal of management confidence.

Key Dates

Recommendation

The filing reports a routine dividend reinvestment by the CEO, which is a positive signal of insider confidence but does not present new information significant enough to alter an existing investment thesis or recommendation.

Keywords

MODIV INDUSTRIAL, MDV, Aaron Scott Halfacre, insider transaction, Form 4, stock acquisition, dividend reinvestment, CEO, Director, common stock