Form 4: Modiv Industrial Director Smith Acquires Additional Shares Through Dividend Reinvestment

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

Summary

• On May 15, 2025, Kimberly J. Smith, a director of Modiv Industrial, Inc., acquired 92.1445 shares of Class C Common Stock.
• The shares were acquired through a dividend reinvestment transaction at a price of $13.84 per share.
• Following the transaction, Smith's total holdings increased to 13,217.2793 shares.
• The dividend reinvestment is exempt from Section 16 reporting requirements but is being voluntarily reported.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake through dividend reinvestment is generally viewed favorably, indicating confidence in the company's future.

Positives

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

Industry Context

Dividend reinvestment plans are a common way for shareholders, including directors, to increase their stake in a company, often seen as a positive signal to the market.

Stakeholder Impact

• The increased stake of a director may be viewed positively by shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Dividend Reinvestment, MDV, Modiv Industrial, Director, Kimberly J. Smith, Class C Common Stock