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Modine (NYSE: MOD) data center president granted 10,838 shares, with tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Modine Manufacturing’s President, Data Centers, Arthur Laszlo Jr., reported equity compensation and related tax withholding transactions. He received 10,838 shares of common stock as a grant or award, issued in settlement of Performance Stock for the 2024–2026 performance period. To cover tax withholding obligations, 4,753 shares were disposed of in a private transaction rather than sold on the open market. After these transactions, he directly owns 18,634 shares of Modine common stock.

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Insider Laszlo Arthur Jr.
Role President, Data Centers
Type Security Shares Price Value
Grant/Award Common stock 10,838 $0.00 --
Tax Withholding Common stock 4,753 $295.88 $1.41M
Holdings After Transaction: Common stock — 18,634 shares (Direct, null)
Footnotes (1)
  1. Shares issued in settlement of Performance Stock for the performance period 2024 through 2026. Shares disposed of in a private transaction to cover tax withholding.
Shares granted 10,838 shares Common stock grant/award acquisition on 2026-05-26
Tax withholding shares 4,753 shares Shares disposed to cover tax withholding on 2026-05-26
Withholding price $295.88 per share Reference price for tax-withholding disposition
Post-transaction holdings 18,634 shares Direct ownership after reported transactions
Performance Stock financial
"Shares issued in settlement of Performance Stock for the performance period 2024 through 2026."
tax withholding financial
"Shares disposed of in a private transaction to cover tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Laszlo Arthur Jr.
(Last)(First)(Middle)
1500 DEKOVEN AVE.
(Street)
RACINE WISCONSIN 53403
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
MODINE MANUFACTURING CO [ MOD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Data Centers
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock05/26/2026A10,838(1)A$018,634D
Common stock05/26/2026F4,753(2)D$295.8813,881D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares issued in settlement of Performance Stock for the performance period 2024 through 2026.
2. Shares disposed of in a private transaction to cover tax withholding.
/s/ Erin J. Roth, Attorney-in-Fact05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did MOD executive Arthur Laszlo Jr. report on this Form 4?

Arthur Laszlo Jr. reported receiving 10,838 Modine common shares as a grant or award and disposing of 4,753 shares in a private transaction to cover tax withholding. These are compensation-related entries, not open-market purchases or sales.

How many MOD shares were granted to Arthur Laszlo Jr. in this filing?

He was granted 10,838 shares of Modine common stock. The filing notes these shares were issued in settlement of Performance Stock tied to the 2024–2026 performance period, reflecting equity-based compensation rather than a market purchase.

Why did Arthur Laszlo Jr. dispose of 4,753 MOD shares according to the Form 4?

The 4,753 Modine shares were disposed of in a private transaction to cover tax withholding obligations. This type of F-code transaction is a tax-withholding disposition, not an open-market sale reflecting a change in investment view.

What is Arthur Laszlo Jr.’s MOD share ownership after these transactions?

After the reported transactions, Arthur Laszlo Jr. directly owns 18,634 shares of Modine common stock. This total reflects the new grant of 10,838 shares and the 4,753 shares disposed to satisfy tax withholding obligations on the equity award.

How are the MOD Performance Stock awards described in this Form 4?

The filing states that shares were issued in settlement of Performance Stock for the 2024 through 2026 performance period. This means the 10,838 awarded shares are tied to performance-based equity compensation, vesting based on specified multi-year goals.