Form 4: Modiv Industrial Director Gingras Increases Stake Through Dividend Reinvestment

Director Christopher Raymond Gingras increases his holdings in Modiv Industrial through dividend reinvestment in Series A Preferred Stock and Class C Common Stock.

Summary

• Christopher Raymond Gingras, a director of Modiv Industrial, Inc., reported changes in beneficial ownership.
• On April 15, 2025, Gingras acquired 41.148 shares of Series A Cumulative Redeemable Perpetual Preferred Stock at $24.28 per share through dividend reinvestment, bringing his total holdings to 2,167.148 shares.
• On April 25, 2025, Gingras acquired 19.0666 shares of COMMON STOCK, CLASS C at $14.97 per share through dividend reinvestment, bringing his total holdings to 6,577.6327 shares.
• On April 25, 2025, Gingras acquired 21.5735 shares of COMMON STOCK, CLASS C at $16.36 per share through dividend reinvestment, bringing his total holdings to 6,599.2062 shares.
• These acquisitions were made through dividend reinvestment transactions and are exempt from Section 16 pursuant to Rule 16a-11.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports routine transactions. The director increasing their stake is mildly positive, but it's through a standard dividend reinvestment.

Positives

• The director's increased stake in the company through dividend reinvestment could be seen as a positive signal to investors.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. Dividend reinvestment plans are a common way for investors, including directors, to increase their holdings in a company.

Stakeholder Impact

• The increased holdings of a director may have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

beneficial ownership, Form 4, dividend reinvestment, Christopher Gingras, Modiv Industrial, MDV, director