Agen Brian Jon 4
4 · MODINE MANUFACTURING CO · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Modine (MOD) VP/CHRO Brian Agen Sells 38,282 Shares
What Happened
- Brian Jon Agen, Vice President and Chief Human Resources Officer of Modine Manufacturing (MOD), sold a total of 38,282 shares in open‑market transactions on June 18, 2026. The blocks reported in the filing were executed at prices ranging roughly from about $284.51 to $300.05 per share, generating aggregate proceeds of approximately $11,299,596.
- These were sales (not purchases or option exercises). The filing identifies multiple separate trades with reported per‑block (or weighted average) prices; several line items note that the reported price is a weighted average of multiple executions.
Key Details
- Transaction date: June 18, 2026 (Form 4 filed June 22, 2026 — see timeliness note below).
- Total shares sold: 38,282; Approximate total proceeds: $11.30 million.
- Price range (across reported trades/footnotes): about $284.51 to $300.05 per share; some line items report weighted‑average prices for multiple executions (see footnotes F2, F4–F14).
- Notable footnotes:
- F1: These sales were made under a Rule 10b5‑1 trading plan adopted March 19, 2026; the filing states this completes all activity under that plan.
- F3: Reported holdings include 1,474 units held in the reporting person's Modine 401(k) account.
- Shares owned after the transaction: not specified in the excerpt provided (filing indicates 401(k) units are included in holdings).
- Timeliness: Form 4 was filed 4 days after the trade date (filed 6/22 for trades on 6/18). Form 4s are normally due within two business days; check the official filing for any late‑filing indicator ("L").
Context
- These were planned open‑market sales under a prearranged 10b5‑1 plan. Sales executed under such plans are typically scheduled in advance and are considered routine disposition transactions; they do not, by themselves, indicate insider sentiment about the company’s near‑term prospects.
- For retail investors, purchases by insiders generally carry more signal value than routine sales; this filing documents a sizable, preplanned liquidation by a senior executive rather than an ad‑hoc trade.
Insider Transaction Report
Form 4
Agen Brian Jon
VP, CHRO
Transactions
- Sale
Common stock
[F1][F2][F3]2026-06-18$284.80/sh−123$35,030→ 104,502 total - Sale
Common stock
[F1][F4][F3]2026-06-18$286.06/sh−577$165,054→ 103,925 total - Sale
Common stock
[F1][F5][F3]2026-06-18$287.35/sh−400$114,941→ 103,525 total - Sale
Common stock
[F1][F3]2026-06-18$288.08/sh−100$28,808→ 103,425 total - Sale
Common stock
[F1][F6][F3]2026-06-18$289.20/sh−200$57,841→ 103,225 total - Sale
Common stock
[F1][F7][F3]2026-06-18$291.69/sh−1,380$402,525→ 101,845 total - Sale
Common stock
[F1][F8][F3]2026-06-18$292.47/sh−2,368$692,573→ 99,477 total - Sale
Common stock
[F1][F9][F3]2026-06-18$293.48/sh−6,732$1,975,730→ 92,745 total - Sale
Common stock
[F1][F10][F3]2026-06-18$294.37/sh−4,739$1,395,001→ 88,006 total - Sale
Common stock
[F1][F11][F3]2026-06-18$295.42/sh−4,881$1,441,928→ 83,125 total - Sale
Common stock
[F1][F12][F3]2026-06-18$296.18/sh−900$266,564→ 82,225 total - Sale
Common stock
[F1][F13][F3]2026-06-18$297.37/sh−15,482$4,603,933→ 66,743 total - Sale
Common stock
[F1][F3]2026-06-18$298.30/sh−200$59,660→ 66,543 total - Sale
Common stock
[F1][F14][F3]2026-06-18$300.04/sh−200$60,008→ 66,343 total
Footnotes (14)
- [F1]The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person on March 19, 2026. This completes all activity under that plan.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.9850 to $294.9600, inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.9900 to $295.9400, inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.9900 to $296.9700, inclusive.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.1700 to $298.0500, inclusive.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.0300 to $300.0500, inclusive.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.5100 to $285.3600, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (14) to this Form 4.
- [F3]This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.5500 to $286.5200, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.0350 to $287.9300, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.1900 to $289.2200, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.8600 to $291.8500, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.9500 to $292.9100, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.9600 to $293.9400, inclusive.
Signature
/s/ Erin J. Roth, Attorney-in-Fact|2026-06-22