Gingras Christopher Raymond 4

What Happened

• Christopher Raymond Gingras, a director of Modiv Industrial, Inc. (MDV), reported two acquisitions on April 15, 2026. He acquired 34.558 shares at $15.65 ($541) and 43.05 shares at $24.97 ($1,075), for a combined 77.608 shares worth about $1,616.
• These were acquisitions (Form 4 transaction code J — “other acquisition or disposition”), so they represent insider buying rather than sales. The dollar amounts are modest.

Key Details

• Transaction dates and prices:
  • 2026-04-15: 34.558 shares @ $15.65 = $541
  • 2026-04-15: 43.05 shares @ $24.97 = $1,075
• Shares owned after transaction: Not specified in the provided data (see the full Form 4 for post-transaction holdings).
• Notable footnotes: Both transactions are coded “J” (other acquisition/disposition). No 10b5-1 plan, tax withholding, or derivative exercise language was provided in the summary data.
• Filing timeliness: Report filed with the same transaction date (2026-04-15), so this appears to be a timely Form 4 filing.

Context

• Small-dollar insider purchases can reflect routine activity (e.g., minor purchases, plan adjustments) and do not by themselves indicate a strong change in insider sentiment. Purchases are generally more informative than sales, but size and context matter — review the full Form 4 and prior filings for a clearer picture of insider holdings and trends.