Modular Medical (MODD) Director Carmen B. Volkart Receives Award

What Happened

Carmen B. Volkart, a director of Modular Medical, received an award of 110 shares on June 30, 2026. The transaction is reported as an award/grant (code A) and no per-share price or total dollar value is provided in the filing. This was a compensation grant to a director — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (timely filing).
• Shares acquired: 110 shares; price: N/A; total value: N/A.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Shares were issued under the issuer's Outside Director Compensation Plan.
  • F2: The share amount reflects a 1-for-30 reverse stock split of the common stock effected March 31, 2026.
• Filing timeliness: The Form 4 was filed within the reporting window and is not marked late.

Context

This is a routine equity award to a board member as part of director compensation and should be viewed as compensation, not a direct purchase or sale that signals personal investment timing. Reverse-split adjustment (1-for-30) reduced reported share counts; always check pre-split grant notices for original share counts if comparing historical awards.