Modine (MOD) Director Christine Yan Receives 812-Share RSU Award

What Happened Christine Yan, a director of Modine Manufacturing Co. (MOD), was granted 812 restricted stock units (RSUs) on 2026-08-20. The Form 4 reports an acquisition of 812 shares at $0.00 (transaction code A — award). These RSUs are deferred awards that represent a right to receive one share of MOD common stock per unit; actual share delivery will occur according to Yan’s deferral election.

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-21 (filed within the typical 2-business-day window).
• Reported amount: 812 RSUs acquired at $0.00 per unit (total reported acquisition value $0 on the Form 4).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The award was deferred by the reporting person; each RSU equals one share and shares will be delivered based on the reporting person’s deferral election (see footnote F1).
• Transaction code: A (award/grant of equity).

Context RSU grants are common compensation for executives and directors and represent a future right to receive shares rather than an open-market purchase or sale. Because these RSUs are deferred, they do not reflect an immediate cash purchase or sale and should be viewed as part of routine compensation rather than a direct market sentiment signal.