Michael B. Lucareli - Jul 31, 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
Jul 31, 2025
Transactions value $
-$9,933,889
Form type
4
Date filed
8/4/2025, 06:55 PM
Previous filing
Jul 31, 2025
Next filing
Aug 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lucareli Michael B EVP, CFO 1500 DEKOVEN AVE., RACINE /s/ Erin J. Roth, Attorney-in-Fact 2025-08-04 0001496134

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOD Common stock Options Exercise $259K +14.4K +11.92% $17.90 136K Jul 31, 2025 Direct F1, F2
transaction MOD Common stock Options Exercise $159K +12K +8.85% $13.26 148K Jul 31, 2025 Direct F1, F2
transaction MOD Common stock Sale -$1.5M -12K -8.13% $125.00 136K Jul 31, 2025 Direct F1, F2
transaction MOD Common stock Sale -$1.15M -9.1K -6.71% $126.76 126K Jul 31, 2025 Direct F1, F2, F3
transaction MOD Common stock Sale -$652K -5.1K -4.03% $127.87 121K Jul 31, 2025 Direct F1, F2, F4
transaction MOD Common stock Sale -$32K -247 -0.2% $129.60 121K Jul 31, 2025 Direct F1, F2
transaction MOD Common stock Sale -$188K -1.5K -1.24% $125.00 120K Jul 31, 2025 Direct F1, F2
transaction MOD Common stock Sale -$25.3K -200 -0.17% $126.60 119K Jul 31, 2025 Direct F1, F2, F5
transaction MOD Common stock Sale -$2.2M -17.1K -14.35% $128.26 102K Jul 31, 2025 Direct F1, F2, F6
transaction MOD Common stock Sale -$1.29M -9.99K -9.76% $129.15 92.3K Jul 31, 2025 Direct F1, F2, F7
transaction MOD Common stock Sale -$2.54M -19.5K -21.09% $130.26 72.9K Jul 31, 2025 Direct F1, F2, F8
transaction MOD Common stock Sale -$690K -5.26K -7.22% $131.16 67.6K Jul 31, 2025 Direct F1, F2, F9
transaction MOD Common stock Sale -$89K -675 -1% $131.91 66.9K Jul 31, 2025 Direct F1, F2, F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MOD Employee stock option (Right to buy) Options Exercise $0 -14.4K -100% $0.00 0 Jul 31, 2025 Common stock 14.4K $17.90 Direct F1
transaction MOD Employee stock option (Right to buy) Options Exercise $0 -12K -100% $0.00 0 Jul 31, 2025 Common stock 12K $13.26 Direct F1
* 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 reported transactions were completed pursuant to a trading plan entered into by Mr. Lucareli on November 7, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 This total includes 971 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.00 to $126.93, 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 (3) through (10) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.84 to $128.00, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.47 to $127.13, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.70 to $128.69, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.70 to $129.69, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.70 to $130.67, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.72 to $131.68, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.73 to $132.11, inclusive.