Halfacre Aaron Scott 4

What Happened

• Aaron Scott Halfacre, CEO, President and Director of Modiv Industrial, acquired 895.871 shares of MDV on 2026-02-13 at $14.24 per share for a total of $12,757. The transaction is an acquisition (purchase) through a dividend reinvestment-type transaction.

Key Details

• Transaction date and price: 2026-02-13 at $14.24 per share.
• Shares acquired: 895.871 (total value ≈ $12,757).
• Shares owned after transaction: Not specified in the provided Form 4 summary.
• Transaction code: J (Other acquisition or disposition); footnote states these shares were acquired in dividend reinvestment transactions exempt from Section 16 under Rule 16a-11 and are being reported voluntarily (F1).
• Filing: Form 4 filed 2026-02-17 (appears to be within the typical 2-business-day reporting window for a Feb 13 transaction).

Context

• This was a small dividend reinvestment purchase (DRIP), a routine way insiders convert cash dividends into additional company shares; such transactions are typically administrative and not a strong standalone signal of changed insider sentiment. The filing notes the exemption under Rule 16a-11 and is being reported voluntarily.