Patten Jeremy Michael 4

What Happened

• Jeremy Michael Patten, President, Performance Technologies at Modine Manufacturing (MOD), received an award of 1,094 restricted stock units (RSUs) on 2026-03-24. The RSUs were granted at $0.00 (i.e., no cash purchase); each RSU is a contingent right to one share of MOD common stock. The grant’s economic value will be realized only if and when the RSUs vest and convert to shares.

Key Details

• Transaction date: 2026-03-24; Form 4 filed: 2026-03-26 (within the typical Form 4 reporting window).
• Grant: 1,094 RSUs at $0.00; reported acquisition type: A (award).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs vest the earlier of (i) March 24, 2027 or (ii) 12:01 am ET on the “Record Date” as defined in the Separation Agreement dated Jan 29, 2026 (between Modine, Gentherm Inc., and Platinum SpinCo Inc.). Each RSU converts to one share upon vesting.

Context

• RSU grants are compensation/retention awards, not open-market purchases or sales; they do not reflect an immediate cash investment or sale by the insider. The award’s value depends on future vesting and Modine’s stock price at conversion.