Modine (MOD) Director Gary Bendza Receives Restricted Stock Award

What Happened

• Gary Mark Bendza, a director of Modine Manufacturing Co. (MOD), received an award of 812 restricted stock units (RSUs) on August 20, 2026. The Form 4 lists the acquisition as 812 shares at $0.00 (total $0) under transaction code A (award/grant).
• This was a compensation award (non‑cash grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-21 (appears timely).
• Transaction type/code: A — Award/grant of restricted stock units.
• Amount: 812 RSUs; reported acquisition price: $0.00 (award).
• Shares owned after transaction: not specified in the provided filing.
• Footnote (F1): Each RSU represents a right to receive one share of MOD common stock on the one‑year anniversary of the grant.
• No 10b5-1 plan, tax‑withholding, or sale information reported in this filing.

Context

• RSUs are a deferred equity award: they convert to actual shares only upon vesting (here, one year after grant) and typically create taxable income when delivered per the company’s plan. Awards to directors are common as compensation and do not by themselves indicate a buy/sell signal.