Modine (MOD) VP Erin Roth Receives 5,249 Performance Shares; Sells 2,221

What Happened

Erin Jennifer Roth, Vice President, General Counsel and Chief Compliance Officer of Modine Manufacturing Co. (MOD), was issued 5,249 shares on 2026-05-26 in settlement of performance stock for the 2024–2026 performance period. The award was reported as an acquisition at $0.00 per share. On the same date she disposed of 2,221 shares at $295.88 per share in a private transaction to cover tax withholding, generating proceeds of $657,149.

Key Details

• Transaction dates: 2026-05-26 (award and disposal); Form 4 filed 2026-05-28.
• Award: 5,249 shares (code A: grant/award), reported acquisition price $0.00.
• Withholding sale: 2,221 shares (code F: tax withholding) at $295.88 — total $657,149.
• Footnotes: F1 — shares issued in settlement of Performance Stock for 2024–2026; F2 — shares disposed in a private transaction to cover tax withholding.
• Shares owned after transaction: not disclosed in the filing.
• Filing timing: Form 4 was submitted two days after the transaction date (2026-05-28 for 2026-05-26).

Context

This was primarily an equity award settlement (performance-based) with a contemporaneous sale limited to covering tax obligations — a routine post-award withholding action rather than a standalone market sell. The filing uses codes A (award) and F (tax withholding); no open-market selling for investment purposes was indicated.