DeSisto Duane M 4

What Happened

• Duane M. DeSisto, a director of Modular Medical, received an award of 83 shares (transaction code A) on March 31, 2026. The filing lists no per-share price or total dollar value for the grant. The shares were issued under the company’s Outside Director Compensation Plan.

Key Details

• Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-08).
• Price / value: Not disclosed (N/A) in the filing.
• Shares acquired: 83 (amount reflects a 1-for-30 reverse stock split effective March 31, 2026).
• Ownership after transaction: Not specified in the provided filing.
• Footnotes: F1 — shares issued under the Outside Director Compensation Plan; F2 — share amount reflects the 1-for-30 reverse split.
• Timeliness: Form 4 was filed on April 8, 2026, eight days after the transaction date; this appears to exceed the SEC’s usual two-business-day reporting window for Form 4s.

Context

• This was a compensation grant to an outside director rather than an open-market purchase or sale. Such awards are routine for director pay and do not necessarily indicate the insider’s short-term view on the stock. The reverse split reduced share counts, and no cash value was provided in the filing.