Michael B. Lucareli - Feb 6, 2025 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

Role
EVP, CFO
Signature
/s/ Erin J. Roth, Attorney-in-Fact
Stock symbol
MOD
Transactions as of
Feb 6, 2025
Transactions value $
-$3,069,380
Form type
4
Date filed
2/10/2025, 04:53 PM
Previous filing
Oct 4, 2024
Next filing
Feb 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOD Common stock Sale -$272K -2.7K -1.66% $100.77 160K Feb 6, 2025 Direct F1, F2, F3
transaction MOD Common stock Sale -$1.04M -10.2K -6.41% $101.99 150K Feb 6, 2025 Direct F2, F3, F4
transaction MOD Common stock Sale -$1.03M -9.98K -6.67% $102.99 140K Feb 6, 2025 Direct F2, F3, F5
transaction MOD Common stock Sale -$433K -4.17K -2.99% $103.66 135K Feb 6, 2025 Direct F2, F3, F6
transaction MOD Common stock Sale -$42.2K -404 -0.3% $104.44 135K Feb 6, 2025 Direct F2, F3, F7
transaction MOD Common stock Sale -$250K -2.5K -1.85% $100.00 133K Feb 10, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.38 to $101.365, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (4), (5), (6) and (7) to this Form 4.
F2 This total includes 971 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
F3 The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person on November 5, 2024.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.395 to $102.3905, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.4 to $103.3731, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.4 to $104.3963, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.4016 to $104.6127, inclusive.