NOLAN THOMAS H JR 4

What Happened

• Thomas H. Nolan Jr., a director of Modiv Industrial, received an equity award of 1,047.486 shares on March 31, 2026. The filing shows an acquisition price of $14.32 per share for a total reported value of $15,000. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Price per share: $14.32; Total reported value: $15,000.
• Shares reported acquired: 1,047.486.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes/plan info: none reported in the supplied data (no 10b5-1 plan or tax-withholding notation shown).
• Filing date: 2026-04-01 — filed one day after the transaction date (appears timely based on the filing date).

Context

• This was an equity award (director compensation) rather than a market purchase or sale, so it generally reflects compensation alignment rather than a direct market sentiment signal. No indication in the filing that the shares were immediately sold or subject to a cashless exercise.