Modular Medical (MODD) Director Carmen B. Volkart Receives 108 Shares

What Happened Carmen B. Volkart, a director of Modular Medical, Inc. (MODD), was granted 108 shares on September 30, 2026 under the company's Outside Director Compensation Plan. The filing lists this as an award/acquisition (code A); no per-share price or total value is provided in the Form 4.

Key Details

• Transaction date: 2026-09-30; Form 4 filed 2026-10-01 (appears timely).
• Transaction type: Award / grant to outside director (code A).
• Shares acquired: 108 shares. Reported price: N/A (value not disclosed).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • These shares were issued pursuant to the Issuer's Outside Director Compensation Plan.
  • The share amount reflects a 1-for-30 reverse stock split of MODD common stock effected March 31, 2026.

Context Grants to outside directors are common compensation practices and do not necessarily signal a personal buy or sell decision by the insider. The filing simply reports an equity award; because no purchase or sale occurred, it should be viewed as routine director compensation rather than a direct market sentiment indicator.