Patten Jeremy Michael sold MOD
September 28, 2026 · Form 4 insider transaction
Patten Jeremy Michael sold 631 shares of Modine Manufacturing Company at $198.07 per share, a transaction worth $125.0K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents shares of MOD common stock withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting and settlement on September 28, 2026 of 1,654 restricted stock units ("RSUs"). These consist of (i) 560 RSUs representing the first installment of RSU awards granted on September 29, 2025, which were originally scheduled to vest 33% on each of September 29, 2026 and 2027 and 34% on September 29, 2028, and which the Issuer's Board of Directors accelerated to vest on September 28, 2026, and (ii) 1,094 RSUs granted on March 24, 2026, which vested in accordance with their terms at 12:01 a.m. Eastern Time on the "Record Date" (as defined in the Separation Agreement, dated as of January 29, 2026, by and among Modine Manufacturing Company, Gentherm Incorporated and Platinum SpinCo Inc.). Each RSU represented a contingent right to receive one share of MOD common stock.