Form 4: MODIV Director Kimberly Smith Increases Stake

MODIV INDUSTRIAL Director Kimberly J. Smith acquired 100.3229 shares of Class C Common Stock through a dividend reinvestment plan at $14.16 per share, increasing her direct beneficial ownership to 14,675.4166 shares.

Summary

• Kimberly J. Smith, a Director of MODIV INDUSTRIAL, INC. (MDV), reported the acquisition of additional shares.
• The transaction involved 100.3229 shares of Class C Common Stock at a price of $14.16 per share.
• The reported transaction date is September 15, 2025, which is a future date relative to the filing date.
• The shares were acquired through a dividend reinvestment transaction, which is exempt from Section 16 reporting but is being voluntarily reported on this Form 4.
• Following this transaction, Kimberly J. Smith will directly beneficially own 14,675.4166 shares of Class C Common Stock.

Sentiment

Score: 6

Explanation: Slightly positive due to a director increasing their stake, even if through a routine dividend reinvestment, which can be interpreted as a minor vote of confidence.

Positives

• A Director increasing their stake, even through a dividend reinvestment plan, can signal confidence in the company's future prospects.
• The transaction was a voluntary report of an exempt dividend reinvestment, indicating transparency.

Negatives

• No specific negatives are apparent from this routine insider transaction report.

Future Outlook

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

Industry Context

This Form 4 filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitor analysis.

Stakeholder Impact

• Shareholders may view the director's increased stake, even through a dividend reinvestment, as a minor positive signal of insider confidence.

Key Dates

Keywords

MODIV INDUSTRIAL, MDV, Kimberly J. Smith, Director, Insider Trading, Form 4, Stock Acquisition, Dividend Reinvestment, Common Stock