Form 4: MODIV Director Boosts Stake via Dividend Reinvestment

MODIV INDUSTRIAL, INC. Director Christopher Raymond Gingras increased his beneficial ownership of Class C Common Stock through dividend reinvestment transactions on November 14, 2025.

Summary

• Christopher Raymond Gingras, a Director of MODIV INDUSTRIAL, INC. (MDV), acquired additional shares of Class C Common Stock.
• The acquisitions occurred on November 14, 2025, through dividend reinvestment transactions.
• A total of 36.7286 shares were acquired at a price of $13.83 per share.
• An additional 35.5491 shares were acquired at a price of $14.35 per share.
• Following these transactions, Gingras directly beneficially owns 10,515.6311 shares of Class C Common Stock.
• These transactions are exempt from Section 16 reporting requirements under Rule 16a-11 but are being reported voluntarily.

Sentiment

Score: 7

Explanation: The director's increased beneficial ownership through dividend reinvestment is a positive signal of confidence in the company's long-term prospects, albeit a passive increase.

Positives

• Director Christopher Raymond Gingras increased his direct beneficial ownership in MODIV INDUSTRIAL, INC. by acquiring additional Class C Common Stock.
• The acquisitions were made through dividend reinvestment, indicating a continued commitment to holding and growing his stake in the company.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive sign of confidence in the company's future performance.

Key Dates

Recommendation

The director's passive increase in beneficial ownership through dividend reinvestment signals continued confidence in the company. While positive, this type of transaction typically does not warrant a strong buy or sell recommendation on its own, reinforcing a 'hold' position for existing investors.

Keywords

MODIV INDUSTRIAL, MDV, Form 4, insider transaction, director, stock acquisition, dividend reinvestment, beneficial ownership