Key facts
- This page summarizes Group of Trophy, LLC's Form 4 filing for Modiv Industrial, Inc. (MDV).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 21 Feb 2024, 16:47.
Group of Trophy, LLC - 20 Feb 2024 Form 4 Insider Report for Modiv Industrial, Inc. (MDV)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- MDV
- Reported as of
- 20 Feb 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 21 Feb 2024, 16:47:04 UTC
- Prior SEC filing
- 21 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nasser Watar, Manager
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Group of Trophy, LLC filed Form 4 for Modiv Industrial, Inc. (MDV) on 21 Feb 2024.
Change
- Previous filing in this sequence was filed on 21 Jun 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MDV
transaction
Derivative
Units of Class C Limited Partnership Interest
Other
- Transaction value
- Shares
- -1,312,382
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 20 Feb 2024
- Ownership
- Direct
- Underlying class
- Class C Common Stock
- Underlying amount
- 1,312,382
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Group of Trophy, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Units of Class C Limited Partnership Interest ("Class C OP Units") of Modiv Operating Partnership, LP are redeemable for cash or, at the issuer's option, exchangeable for shares of the issuer's Class C Common Stock on a 1:1 basis, and have no expiration.
Footnote F2
On February 20, 2024, in connection with estate-related matters, the reporting person transferred and assigned all of the reporting person's Class C OP Units to First City Investment Group, LLC, a Delaware limited liability company for which the managing member of the reporting person serves as the sole member. The fair market value per Class C OP Unit is $14.46 based on the closing price of the issuer's Class C Common Stock on February 16, 2024, the last trading date prior to the transfer and assignment of the Class C OP Units. Following the transfer and assignment, the reporting person is no longer a beneficial owner of Class C OP Units or any other securities of the issuer.