DeSisto Duane M 4
4 · Modular Medical, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Modular Medical Director Duane DeSisto Receives 83-Share Award
What Happened
- Duane M. DeSisto, a director of Modular Medical, Inc. (MODD), was issued an award of 83 shares on June 30, 2026. The Form 4 reports this as an award/grant (transaction code A); no per-share price or total dollar value is listed (N/A).
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (timely filing within the SEC two-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares issued: 83 shares (amount reflects a 1-for-30 reverse stock split effective March 31, 2026).
- Price/Value: Not reported on the Form 4 (marked N/A).
- Footnotes: F1 — shares issued under the Issuer's Outside Director Compensation Plan; F2 — share count adjusted for reverse split.
- Shares owned after transaction: Not disclosed in the summary information provided.
Context
- This was a compensation award to an outside director, not an open-market purchase or sale; such grants are routine director compensation and do not by themselves indicate insider sentiment about the company's stock. The reverse split note explains the relatively small share count.
Insider Transaction Report
Form 4
DeSisto Duane M
Director
Transactions
- Award
Common stock
[F1][F2]2026-06-30+83→ 8,627 total
Footnotes (2)
- [F1]The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan.
- [F2]Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026.
Signature
/s/ James Sullivan, attorney-in-fact for Duane M. DeSisto|2026-07-02