SMITH KIMBERLY J 4
Research Summary
AI-generated summary
Modiv Industrial (MDV) Director Kimberly J. Smith Buys 120.774 Shares
What Happened
Kimberly J. Smith, a director of Modiv Industrial, acquired 120.774 shares of MDV on February 13, 2026. The shares were recorded at $14.24 each for a total reported value of $1,720. This transaction is an acquisition (purchase) via dividend reinvestment rather than an open-market buy.
Key Details
- Transaction date and price: 2026-02-13 at $14.24 per share (total $1,720).
- Transaction code: (J) — “Other acquisition”; here used for dividend reinvestment.
- Footnote: Shares acquired in dividend reinvestment transactions exempt from Section 16 under Rule 16a-11 are being reported voluntarily on this Form 4.
- Filing date: 2026-02-17 (filed within the normal reporting window for this transaction).
Context
Dividend reinvestment plan (DRIP) purchases are automatic conversions of dividends into shares and are exempt from Section 16 reporting requirements, though this filing was made voluntarily. Such small, routine reinvestments are common and do not necessarily signal a material change in insider sentiment.