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MODINE MANUFACTURING CO·4

Feb 26, 3:26 PM ET

WILLIAMS MARSHA C 4

Research Summary

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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.