Form 4: MODIV Industrial CEO and President Increases Stake Through Dividend Reinvestment

Aaron Scott Halfacre, CEO and President of MODIV Industrial, Inc., acquired additional shares of Class C Common Stock through a dividend reinvestment transaction.

Summary

• Aaron Scott Halfacre, who serves as Director, CEO, President, and a 10% Owner of MODIV INDUSTRIAL, INC. (MDV), acquired 828.412 shares of COMMON STOCK, CLASS C.
• The transaction occurred on June 16, 2025, at a price of $13.76 per share.
• These shares were acquired through dividend reinvestment transactions, which are exempt from Section 16 reporting requirements pursuant to Rule 16a-11, but are being voluntarily reported on this Form 4.
• Following this transaction, Mr. Halfacre's beneficial ownership of COMMON STOCK, CLASS C stands at 120,871.8185 shares.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates an insider increasing their stake, even through a routine dividend reinvestment, which can be interpreted as a sign of continued confidence in the company.

Positives

• The acquisition of additional shares by a key insider like the CEO and President, even through dividend reinvestment, can signal continued confidence in the company's long-term prospects.
• Dividend reinvestment indicates a strategy to compound returns and maintain a long-term investment horizon.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context. It reflects an individual executive's investment activity within the industrial real estate sector.

Related Party Transactions

• The transaction involves the CEO and President of MODIV Industrial, Inc. acquiring shares of the company's stock, which is a direct insider transaction.

Stakeholder Impact

• Shareholders may view this as a positive signal, indicating that the company's leadership is personally invested and confident in the company's future performance.

Key Dates

Keywords

MODIV Industrial, MDV, Aaron Scott Halfacre, SEC Form 4, Insider Trading, Dividend Reinvestment, Common Stock, CEO, Director, Share Acquisition