Brinker Neil David 4

What Happened
Neil Brinker, President & CEO and a director of Modine Manufacturing Corp (MOD), received an award of 5,534 restricted stock units (RSUs) on 2026-05-20. The award is reported as an acquisition (code A) at $0.00 per unit (no cash paid). Each RSU is a contingent right to receive one share of MOD common stock upon vesting.

Key Details

• Transaction date and type: 2026-05-20 — Award/Grant (A) of 5,534 RSUs at $0.00.
• Vesting: 33% on 5/20/2027, 33% on 5/20/2028, and 34% on 5/20/2029 (per footnote).
• Economic value at grant: not stated in filing (RSUs reported at $0.00; value will depend on MOD share price at vesting).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-05-22 (two business days after the grant), which is within the typical Form 4 reporting window.
• Notes: Each RSU represents a contingent right to one share; this is a compensation award rather than an open-market purchase or sale.

Context
RSU awards are common executive compensation that convert to actual shares only as they vest; they are not immediate purchases or sales and do not by themselves indicate a buy/sell signal. For retail investors, the key takeaways are the number of units granted and the multi-year vesting schedule, which ties the executive’s equity stake to future service or performance periods.