SEC EDGARJUN 222 min read$MOD

McGinnis Eric S sold $301K of MOD

McGinnis Eric S (President, Commercial HVAC) sold 1,020 shares of MODINE MANUFACTURING CO (MOD) at $295.06 ($0.30M total) on 2026-06-18.

Original reporting

SEC EDGAR · McGinnis Eric S

Published Jun 22, 2026, 1:19 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Jun 22, 2026, 1:20 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About AlphAI AI Desk Scoring methodology Report an issue

AlphAI market briefInsider activity

Primary signal

$MOD

Neutral

medium confidence

Mentioned

$MOD

Relevance

4/10

AlphAI data visualization · based on SEC EDGAR

Decision brief

The 30-second read

$MODNeutralLow

Why it matters

This provides a fresh datapoint on insider behavior (open-market sale) but does not include any new company-specific fundamentals such as earnings, guidance, contracts, or regulatory actions.

Market read

Traders may monitor for sentiment effects, but the filing alone is unlikely to drive a durable repricing without accompanying fundamental news.

What to watch

Insider sales should be evaluated alongside prior Form 4 frequency, total insider ownership trends, and whether other executives/large holders are buying or selling around the same period.

Relevance 4/10Novelty 4/10Timing: new SEC Form 4 filed 2026-06-22 (covers sale dated 2026-06-18)

Background

The article is a primary-source SEC Form 4 insider transaction disclosure for Modine Manufacturing (MOD).

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$MODNeutralMedium confidence

Context

Modine Manufacturing disclosed an insider open-market sale by President, Commercial HVAC Eric S. McGinnis on 2026-06-18.

Expected impact

Low likelihood of a sustained price move solely from this sale; any impact would be sentiment-driven and short-lived.

Evidence & confidence

The filing is a single open-market sale (1,020 shares) with no 10b5-1 plan stated; however, insider sales are common and the article provides no new operational or guidance catalyst.

Market effects

Sector

Minimal; insider transaction does not change HVAC/manufacturing fundamentals or sector outlook.

Regional

None indicated.

Global

None indicated.

Counterpoint

What could challenge this read

The absence of a stated 10b5-1 plan could be misread as higher conviction selling, but the transaction size is still modest and may reflect diversification or tax planning rather than bearish expectations.

Key entities

public_company
MOD
Modine Manufacturing Co.; subject of the Form 4 insider sale disclosure.
insider
Eric S. McGinnis
President, Commercial HVAC; reported an open-market sale of 1,020 shares.

Read at source ← All news

SEP 17

$MODHighAI 9/10

Gentherm and Modine Manufacturing Company Announce Additional Information in Connection with Proposed Combination of Gentherm and Modine’s Performance…

MODINE MANUFACTURING CO (MOD) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 Gentherm and Modine Manufacturing Company Announce Additional Information in Connection with Proposed Combination of Gentherm and Modine’s Performance Technologies Business Modine sets record date for spin-off of Performance Technologies Gentherm declares special cas

SEC EDGAR 8-K2 min

SEP 14

$MODHighAI 8/10

Wall Street Is Obsessed With the Anthropic IPO. Here's the AI Cooling Stock Nobody Is Talking About.

Modine Manufacturing (NYSE: MOD), a data center cooling provider, reported a 28% revenue increase and 90% rise in data center sales to $348.6 million in its fiscal Q1. The company raised its full-year guidance, projecting $2 billion in data center revenue for fiscal 2028. Shares have surged 280% over three years, with a trailing P/E of 70 but a forward P/E of 24.

yahoo.com2 min

SEP 13

$THRMHighAI 8/10

Gentherm (THRM) Shareholders Approve Modine Merger, Clear for October Close

Gentherm (THRM) shareholders approved a merger with Modine's Performance Technologies business, with 99% voting in favor. The deal is set to close on October 1. Gentherm reported Q2 revenue of $416.2M, up 11%, and raised full-year guidance. However, gross margin slipped to 23.2% due to higher costs. The final exchange ratio will be determined at closing.

insidermonkey.com2 min

SEP 11

$MODMed

Modine to become Modexus

Modine will rebrand as Modexus Solutions after spinning off its Performance Technologies business and merging with Gentherm. The name change requires shareholder approval. Modexus will trade on the NYSE under the ticker 'MOD'. The transaction is expected to close on October 1, 2026, and will be led by current CEO Neil D. Brinker.

climatecontrolnews.com.au2 min

SEP 10

$MODLow

Modine to Become Modexus Solutions, Marking Next Chapter as Diversified Thermal Management Solutions Company

Modine (NYSE: MOD) will rebrand as Modexus Solutions after completing a spinoff and merger with Gentherm. The name change requires shareholder approval. The company will continue trading under the ticker MOD. The transaction is expected to close on October 1, 2026, subject to customary closing conditions. Modexus Solutions will focus on thermal management solutions for high-growth markets.

prnewswire.com2 min