Modine CEO Neil David Brinker sells 31,871 shares for $5.1M; stock trades 1.9% below 52-week high after 18.3% 90-day rally
Neil David Brinker, Modine's President and CEO, executed 2 separate sales totaling 31,871 shares for $5,117,337.26 at an average blended price of $160.56 on 2025-12-02, reducing his holdings by 11.8%. The sales occur with MOD trading near its 52-week high of $163.02 and having appreciated 18.3% over the prior 90 days, notably reaching a price point only 1.9% below the year's peak. With a P/E of 45.17 and the company having delivered net income of $44.4M on revenue of $738.9M in the latest quarter against 7.3% annual growth, the timing and magnitude of the CEO's disposition merit observation given the stock's significant recent appreciation and the elevated valuation multiple. The absence of any disclosed FLAGS (10b5-1 plan, Rule 10b5-1, or comparable) suggests these are discretionary open-market sales rather than pre-scheduled transactions.