4Accepted Oct 5, 10:00 AM ET
Platinum SpinCo: Secretary director Roth Erin Jennifer sold 5,266 shares
Accepted (ET)
10:00 AM
Oct 5, 2026
Filed
Oct 5, 2026
Documents
1
Size
5.7 KB
Summary
Platinum SpinCo: Secretary director Roth Erin Jennifer sold 5,266 shares
What happened
- Roth Erin Jennifer, Secretary and director, disposed of 5,266 shares of Platinum SpinCo common stock on Oct 1, 2026.
- The Form 4 reports the transaction as "Other acquisition or disposition (J)" and lists the per-share amount as N/A.
- Footnotes state the shares were received in a pro rata distribution by Modine Manufacturing Company for no consideration and then disposed by merger in exchange for 0.44619 shares of Gentherm common stock per Platinum share; Gentherm closing price on Oct 1, 2026 was $33.63, implying total value of $79,018.27.
Key details
- Transaction date: Oct 1, 2026. Transaction code: J (other acquisition or disposition).
- Exchange ratio and price: 0.44619 Gentherm shares per Platinum share; Gentherm close $33.63 on Oct 1, 2026.
- Total implied value: $79,018.27 for 5,266 Platinum shares (5,266 × 0.44619 × $33.63).
- Shares owned after the transaction: not reported in the filing.
- Filing date: Oct 5, 2026; the Form 4 shows the transaction and the footnotes described above.
Why it may matter
- The filing shows the shares were disposed by merger pursuant to the agreement and plan of merger and exchanged for Gentherm common stock; this is a corporate transaction rather than a typical open-market sale.
- The filing does not show why the insider traded or why the company acted.