Modine (MOD) data center president details stock and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MODINE MANUFACTURING CO executive Laszlo Arthur Jr., President, Data Centers, filed an initial statement of holdings, reporting direct ownership of 7,452 shares of common stock.
He also holds employee stock options for 3,005 shares at $15.59 per share expiring on August 29, 2032, and 2,430 unvested restricted stock units vesting between May 16, 2026 and May 16, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Laszlo Arthur Jr.
Role
President, Data Centers
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Employee stock option (right to buy) — 3,005 shares (Direct);
Common stock — 7,452 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Direct common shares: 7,452 shares
Option underlying shares: 3,005 shares
Option exercise price: $15.59 per share
+2 more
5 metrics
Direct common shares
7,452 shares
Directly owned common stock as reported on Form 3
Option underlying shares
3,005 shares
Underlying common shares for employee stock option
Option exercise price
$15.59 per share
Exercise price for employee stock option
Option expiration date
August 29, 2032
Expiration of employee stock option
Unvested RSUs
2,430 units
Restricted stock units vesting between May 16, 2026 and May 16, 2028
Key Terms
Employee stock option (right to buy), restricted stock units, unvested, Common stock
4 terms
Employee stock option (right to buy) financial
"security_title: "Employee stock option (right to buy)""
restricted stock units financial
"Includes 2,430 unvested restricted stock units, which restricted stock units vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
unvested financial
"Includes 2,430 unvested restricted stock units, which restricted stock units vest"
Common stock financial
"underlying_security_title: "Common stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does the MOD Form 3 filing by Laszlo Arthur Jr. show?
The Form 3 shows Laszlo Arthur Jr. directly owns 7,452 MOD common shares and holds options for 3,005 shares plus 2,430 unvested restricted stock units, establishing his initial reported equity position as an executive.
What stock options does Laszlo Arthur Jr. hold in MODINE MANUFACTURING?
He holds employee stock options linked to 3,005 MOD common shares at an exercise price of $15.59 per share, expiring on August 29, 2032. These options give him the right, but not obligation, to buy shares at that price before expiration.
What restricted stock units does the MOD executive report on Form 3?
The filing notes 2,430 unvested restricted stock units for Laszlo Arthur Jr. These units are scheduled to vest on various dates between May 16, 2026 and May 16, 2028, potentially increasing his direct share ownership over time as they convert into stock.
What is Laszlo Arthur Jr.’s role at MODINE MANUFACTURING CO?
In the Form 3, Laszlo Arthur Jr. is identified as an officer with the title President, Data Centers. This indicates he leads the company’s data center-related business while also holding a combination of common stock, options, and restricted stock units.