Agen Brian Jon 4
Research Summary
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Modine (MOD) VP Brian Agen Sells 566 Shares for Tax Withholding
What Happened Brian Agen, Vice President and Chief Human Resources Officer of Modine Manufacturing (MOD), disposed of 566 shares of Modine common stock on May 31, 2026. The shares were disposed at $278.91 per share for a total value of approximately $157,863. The filing indicates the shares were sold in a private transaction to satisfy tax withholding obligations (code F).
Key Details
- Transaction date: May 31, 2026; Price: $278.91 per share; Shares disposed: 566; Proceeds ≈ $157,863.
- Transaction type: F — shares disposed to cover tax withholding (footnote F1: private transaction to cover tax).
- Holdings note: the filing discloses that the reported total includes 1,474 units of Modine common stock held in the reporting person’s Modine 401(k) account (footnote F2).
- Filing date: Form 4 filed June 2, 2026. (The filing does not indicate any late-reporting designation.)
Context This was a sell-to-cover transaction to satisfy tax obligations, a common administrative action when equity awards vest or options are exercised. Such disposals are typically routine and do not necessarily indicate a change in the insider’s view of the company.