Laszlo Arthur Jr. 4

What Happened
Laszlo Arthur Jr., President, Data Centers at Modine Manufacturing Co. (MOD), disposed of 247 shares on 2026-05-16 at $271.26 per share, for a total value of about $67,001. The transaction is reported as a tax-withholding disposition following an equity award/option event (transaction code F).

Key Details

• Transaction date: 2026-05-16; Form 4 filed: 2026-05-19.
• Price: $271.26 per share; Shares disposed: 247; Total value ≈ $67,001.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: F1 — shares were disposed in a private transaction to cover tax withholding (sell-to-cover / tax withholding).
• Transaction type/code: F (payment of exercise price or tax liability).
• No late-filing flag noted in the provided information.

Context
This appears to be a routine sell-to-cover (or private share disposal) to satisfy tax obligations tied to an equity award or option exercise, rather than an open-market sale for investment purposes. Such withholding transactions are common after exercises and generally shouldn’t be read as a strong signal of the insider’s market view.