Laszlo Arthur Jr. 4

What Happened

• Laszlo Arthur Jr., President, Data Centers at Modine Manufacturing (MOD), disposed of a total of 1,336 shares in two related transactions tied to an option exercise and a market sale. On 2026-05-31, 436 shares were transferred in a private transaction to cover tax withholding following an exercise (F), valued at about $121,605. On 2026-06-01 he sold 900 shares in an open-market sale (S) for about $266,184. These were sales/withholdings (not purchases), which are commonly routine following option exercises.

Key Details

• Transaction dates and prices:
  • 2026-05-31: 436 shares disposed @ $278.91 each (private transfer to cover tax withholding) — $121,605.
  • 2026-06-01: 900 shares sold on open market @ $295.76 each — $266,184.
• Total shares disposed: 1,336; total proceeds/consideration ≈ $387,789.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — the 436-share disposition was a private transaction to cover tax withholding following an exercise.
• Filing timeliness: Form filed 2026-06-02; the filing shows no late-filing flag.

Context

• This filing reflects an option exercise tax withholding (cashless-type disposition of 436 shares to satisfy taxes) plus a separate open-market sale of 900 shares. Such sell-to-cover actions and subsequent open-market sales are routine after option exercises and do not, by themselves, indicate management’s view of the company’s long-term prospects.