Form 4: Modiv Industrial Director Kimberly J. Smith Acquires Additional Class C Common Stock Through Dividend Reinvestment

Director Kimberly J. Smith increased her holdings in Modiv Industrial, Inc. through a dividend reinvestment program.

Summary

• On February 25, 2025, Kimberly J. Smith, a director of Modiv Industrial, Inc. (MDV), acquired 82.845 shares of Class C Common Stock through a dividend reinvestment.
• The shares were acquired at a price of $14.01 per share.
• Following the transaction, Smith directly owns 12,027.5208 shares of Modiv Industrial's Class C Common Stock.
• The acquisition was made voluntarily and is exempt from Section 16 reporting requirements under Rule 16a-11.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transaction reflects a director's continued investment in the company through a dividend reinvestment program, which is generally viewed favorably.

Positives

• The director's participation in the dividend reinvestment program signals confidence in the company's future.

Industry Context

Dividend reinvestment plans are a common way for investors, including company insiders, to increase their stake in a company, often seen as a positive signal.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals insider confidence.

Key Dates