Modine (MOD) Director Garimella Receives 812 RSUs

What Happened
Director Suresh V. Garimella received an award of 812 restricted stock units (RSUs) on August 20, 2026. The filing shows an acquisition at $0.00 per unit (grant value recorded as $0 in the transaction table); these RSUs represent the right to receive one share of MOD common stock per RSU on the one‑year anniversary of the grant.

Key Details

• Transaction date: 2026-08-20; Filing date: 2026-08-21 (timely filing).
• Transaction type/code: Award/Grant (A); 812 units @ $0.00 (acquired).
• Shares owned after transaction: Not disclosed in the Form 4 summary provided.
• Footnote: Each RSU vests into one share of MOD common stock on the one‑year anniversary of the grant.
• No indication of a sale, purchase, or 10b5-1 plan in this filing.

Context
RSU grants are a form of equity compensation and do not involve an immediate cash purchase or sale. The recipient generally realizes value only when the RSUs vest and convert to shares (or are sold thereafter), so this award is compensation-driven rather than a direct bullish or bearish trading signal.