Agen Brian Jon 4

What Happened

• Brian Agen, Vice President and Chief Human Resources Officer of Modine Manufacturing (MOD), was granted 556 restricted stock units (RSUs) on May 20, 2026. The grant price reported is $0.00, meaning there was no cash purchase; this is a compensation award, not an open-market purchase or sale. Each RSU represents a contingent right to receive one share of Modine common stock upon vesting.

Key Details

• Transaction date and type: 2026-05-20 — Award/Grant of 556 RSUs (code A).
• Report filed: May 22, 2026 (appears timely relative to the 5/20/2026 transaction).
• Vesting schedule (footnote): 33% vest on 5/20/2027, 33% on 5/20/2028, remaining 34% on 5/20/2029.
• Immediate cash value: $0.00 at grant (no cash exchanged at grant time).
• Shares owned after transaction: Not specified in the provided lines of the filing; the filing notes 1,474 units of Modine common stock held in the reporting person’s Modine 401(k) account (footnote F2).
• No indication in the supplied data of a 10b5-1 plan, tax withholding sale, or late filing penalty.

Context

• RSUs are a form of equity compensation: the recipient receives shares (or cash equivalent) when units vest. Vesting dates determine when Agen will become entitled to the underlying shares and when the awards are taxable.
• This transaction is a routine compensation grant to an executive, not a purchase or sale that signals immediate insider buying or selling.