WILLIAMS MARSHA C 4
4 · MODINE MANUFACTURING CO · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Modine (MOD) Director Marsha C. Williams Sells 12,000 Shares
What Happened
Marsha C. Williams, a director of Modine Manufacturing Co. (MOD), sold 12,000 shares in open-market transactions on February 24, 2026. The Form 4 reports a weighted-average price of $234.71 per share, for gross proceeds of $2,816,520. The filing notes the sale occurred in multiple trades at prices ranging from $234.285 to $235.110.
Key Details
- Transaction date: February 24, 2026 (Form 4 filed February 26, 2026).
- Transaction type: Open-market sale (code S).
- Shares sold: 12,000.
- Weighted-average price: $234.71; reported range: $234.285–$235.110 (multiple trades).
- Gross proceeds: $2,816,520.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The filing (F1) states the price is a weighted average and the reporting person will provide a per-trade breakdown of share counts/prices on request.
- Filing timeliness: Filed two days after the trade — generally within the SEC’s 2-business-day Form 4 window.
Context
This was an open-market sale by a company director. Sales by insiders can be routine (liquidity, diversification, tax planning) and do not necessarily indicate a change in view about the company. No option exercises, grants, or gifts are reported in this filing.
Insider Transaction Report
Form 4
WILLIAMS MARSHA C
Director
Transactions
- Sale
Common stock
[F1]2026-02-24$234.71/sh−12,000$2,816,520→ 110,653 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.285 to $235.110, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Erin J. Roth, Attorney-in-Fact|2026-02-26