Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MOD | Common stock | Sale | -$1.01M | -20K | -7.28% | $50.28 | 255K | Nov 20, 2023 | Direct | F1, F2 |
transaction | MOD | Common stock | Sale | -$1.01M | -20K | -7.86% | $50.27 | 235K | Nov 20, 2023 | Direct | F1, F2 |
transaction | MOD | Common stock | Sale | -$1.01M | -20K | -8.53% | $50.32 | 215K | Nov 20, 2023 | Direct | F1, F2 |
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).
Id | Content |
---|---|
F1 | This total includes 971 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account. |
F2 | The reported sale occurred in accordance with a Rule 10b5-1 plan adopted by the reporting person on August 17, 2023. |