09/29/2026 | Press release | Distributed by Public on 09/29/2026 13:07
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Patten Jeremy Michael 1500 DEKOVEN AVE. RACINE, WI 53403 |
President, Perf. Technologies | |||
| /s/ Erin J. Roth, Attorney-in-Fact | 09/29/2026 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | 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. |