---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-038071"
form_type: "8-K"
ticker: "MOD"
cik: "0000067347"
company_name: "MODINE MANUFACTURING CO"
filed_at: "2022-10-21T23:59:59+00:00"
generated_at: "2026-06-23T02:05:20.384472+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Modine grants retention RSUs to named executives tied to 80/20 transformation goals

## Summary
- Each of four named officers (Agen, Lucareli, McGinnis, Stein) receives RSU award valued at 50% of base salary.
- Vesting requires continuous employment through Oct 19, 2023 and achievement of 80/20 transformation performance conditions.
- Performance conditions: initiate 80/20 analysis, complete sub-segmentation, and initiate org changes in all market verticals.
- If employment terminated or performance conditions unmet, all RSUs forfeited.
- Awards under Modine 2020 Plan; no dividend equivalents during holding period.

## SEC filing metadata
- accession: 0001140361-22-038071
- form_type: 8-K
- ticker: MOD
- cik: 0000067347
- company_name: MODINE MANUFACTURING CO
- filed_at: 2022-10-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67347/000114036122038071/0001140361-22-038071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67347/000114036122038071/brhc10043161_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-038071
- JSON: https://secwatch.observer/filing/0001140361-22-038071.json
- Plain text: https://secwatch.observer/filing/0001140361-22-038071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.