🇺🇸 SECMODINE MANUFACTURING CODoubao · 实盘不做把握 9/10不做原因:无增量信息
北京时间·🕒 发布 21:20:28·⟳ 抓取 21:20:54 +26s·⚡ 决策 10-13 21:23:19 +2m25s·14.2 天前
Modine 就更名为 Modexus Solutions 召开特别股东大会，属分拆完成后的例行行政备案
这是已完成分拆交易后的例行更名代理文件，而非新的经营、财务、订单、融资或控制权事件；代码与 CUSIP 不变且明确说明不影响股东权利，缺乏可交易的增量信息。
📄 原文MODINE MANUFACTURING CO↗ 原文
----- mod-20261113xdef14a.htm ----- DEF 14A 1 mod-20261113xdef14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE…
不做 Modine Manufacturing Company（MOD.US）
例行更名备案，不改变业务、财务、证券代码、CUSIP、股份数量或股东权利；核心 Reverse Morris Trust 交易已完成，本文件无可交易增量。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
Modine 的 DEF 14A 仅请求股东批准更名为 Modexus Solutions，以履行此前已完成分拆带来的商标义务。交易本身已于 10 月 1 日完成，本次备案无新增基本面或证券供需影响，因此不做。
🔎 新鲜度:最早出现 2026-10-13 · 扩散 low · price-in 风险 low ↗
关键理由
- 更名是已完成 Reverse Morris Trust 交易后的合同性、行政性收尾事项，不改变 Modine 剩余业务的现金流或估值。
- 股票继续以 MOD 交易、CUSIP 不变、无需换股且股东权利不变，不构成指数调仓、被动资金流或交易代码切换催化。
主要风险
- 若投资者将新名称中的 data center cooling 定位视为品牌重塑利好，可能产生短期情绪波动，但该表述未附带新增订单、指引或财务数据。
- 更名议案仍需三分之二以上票数批准，不过该事项被纽交所列为 routine matter，经纪商可对未指示股份酌情投票，否决概率不构成有边际的交易主题。
反向证据
- 做多前查反向 · 来源 filing · 日期 2026-10-13 · 影响 invalidates
未发现新增订单、业绩指引、融资、分红、回购或控制权信息；数据中心冷却仅作为更名后业务定位的背景描述。
检索:DEF 14A 中是否存在数据中心冷却业务的新订单、指引上调、资本结构变化或特别分红 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例不会改变 AVOID 结论，故未消耗外部先例检索。
方向:不适用：当前事项是无证券要素变化的例行法定更名，不具备多空方向。
涨幅量级:未使用先例校准幅度，因为即使历史更名事件存在短期情绪波动，也不能改变本文件没有经营或资本结构增量的事实。
形态:未从先例推断见光死或追涨模式；本事件本身没有需定价的新增基本面。
工具执行结果 · 成功 1 · 降级 0 · 失败 0 · 取消 0
- search_processed_events 成功 stock_tools HTTP · 12 ms
{"result": "search_processed_events:agent query=`mod stock corporate name change modexus solutions ticker remains mod | modine gentherm performance technologies reverse morris trust october 1 2026 name change modexus | modine man`；结构化索引覆盖完整 72 小时；旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整)，返回 0 条候选。未命中只表示这些 agen
原文全文
展开原文 · 26,838 字
----- mod-20261113xdef14a.htm -----
DEF 14A
1
mod-20261113xdef14a.htm
DEF 14A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
(Amendment No.
)
Filed by the Registrant
☒
Filed by a Party other than the Registrant
☐
Check the appropriate box:
☐
Preliminary Proxy Statement
☐
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒
Definitive Proxy Statement
☐
Definitive Additional Materials
☐
Soliciting Material Pursuant to
§
240.14a-12
MODINE MANUFACTURING COMPANY
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
☒
No fee required
☐
Fee paid previously with preliminary materials
☐
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11
1500 DeKoven Avenue
Racine, Wisconsin 53403-2552
Notice of Special Meeting of Shareholders
To the Shareholders of Modine Manufacturing Company:
Notice is hereby given
that a Special Meeting of the Shareholders of Modine Manufacturing Company will be held in virtual format on
Friday, November 13, 2026, at 8:00 a.m. Central Time
.
There will be no physical location for the Special Meeting.
You may access the Special Meeting by visiting
www.virtualshareholdermeeting.com/MOD2026SM
where you will be able to attend and participate online, vote your shares electronically, and submit questions prior to and during the meeting.
Who may vote:
You may vote if you were a shareholder of record at the close of business on October 9, 2026, which is the Record Date for the Special Meeting.
Matter to be voted on:
1.
To approve a proposal to amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company to change the name of the company to Modexus Solutions, Inc.; and
2.
Consideration of any other matters properly brought before the shareholders at the meeting.
On October 1, 2026, Modine completed the separation of its Performance Technologies business and the combination of that business with Gentherm Incorporated. The proposed name, Modexus Solutions, Inc., reflects the Company’s position following the transaction as a diversified thermal management company serving high-growth markets, including data center cooling, commercial HVAC and refrigeration, while carrying forward Modine’s century-long heritage. The Board of Directors believes that the proposed name appropriately reflects the Company’s business and strategic focus and recommends that shareholders vote FOR the proposal.
Your vote is very important. Approval of the proposal requires the affirmative vote of two-thirds of all votes entitled to be cast on the proposal. Accordingly, failure to vote and abstentions will have the same effect as votes against the proposal.
Regardless of whether you expect to attend the Special Meeting virtually, you are urged to vote electronically via the Internet, by a telephone vote or by completing and mailing the accompanying proxy card. Instructions for electronic voting via the Internet and telephonic voting are contained on the accompanying proxy card.
If you attend the meeting virtually and wish to vote your shares personally, you may do so by revoking your proxy at any time prior to the voting thereof. You may revoke your proxy at any time before it is voted by following the procedures described in the accompanying proxy statement.
Important Notice Regarding the Availability of Proxy Materials for the Special Meeting of Shareholders to be held on Friday, November 13, 2026:
The notice and proxy statement of Modine Manufacturing Company are available for review at
www.virtualshareholdermeeting.com/MOD2026SM
.
By order of the Board of Directors,
Erin J. Roth
Vice President, General Counsel, Corporate
Secretary and Chief Compliance Officer
October 13, 2026
About the Special Shareholders Meeting
This proxy statement is furnished to solicit proxies by the Board of Directors of Modine Manufacturing Company (the “Company,” “Modine,” “we” or “us”) for use at the special meeting of its shareholders to be held on November 13, 2026, and at any adjournment or postponement of the meeting (the “Special Meeting”). The Special Meeting will be held in virtual format on Friday, November 13, 2026, at 8:00 a.m. Central Time. There will be no physical location for the Special Meeting. This proxy statement and accompanying proxy card are first being sent to shareholders on October 13, 2026.
ITEM 1 –
TO APPROVE THE PROPOSAL TO AMEND THE Amended and Restated Articles of Incorporation of modine manufacturing company to Change the Name of the COMPANY to Modexus Solutions, Inc.
Our Board has approved, and recommends that our shareholders approve, an amendment to our Articles of Incorporation to change the name of the Company from Modine Manufacturing Company to Modexus Solutions, Inc. (the “Proposal”).
Reason for the Proposal
On October 1, 2026, pursuant to definitive agreements entered into on January 29, 2026, Modine completed the separation of its Performance Technologies business and the combination of that business with Gentherm Incorporated in a Reverse Morris Trust transaction (the “Transaction”). In connection with the Transaction, ownership of the “Modine” trademark was transferred with the Performance Technologies business, and Modine agreed to change its corporate legal name to a name that does not include the “Modine” trademark within six months of October 1, 2026. Although Modine retains certain rights under a trademark license agreement to continue using the “Modine” trademark in connection with specified products and services, the proposed name change is necessary to satisfy the Company’s obligations in connection with the Transaction and establish a distinct corporate identity for the Company following the separation.
After considering potential alternatives, the Board selected “Modexus Solutions, Inc.” as the Company’s proposed new name. The proposed name reflects the Company’s position following the Transaction as a diversified thermal management company serving high-growth markets, including data center cooling, commercial HVAC and refrigeration. The name was selected to carry forward Modine’s century-long heritage while underscoring the Company’s focus on innovative, connected thermal systems and solutions.
The Board believes that changing the Company’s name to Modexus Solutions, Inc. is appropriate in light of the Company’s post-Transaction business and strategic focus and will help distinguish the Company from the Performance Technologies business transferred in the Transaction. Accordingly, the Board has approved the proposed amendment and recommends that shareholders approve it.
Effects of the Name Change
If the shareholders approve this proposal, the change of the Company’s name will become effective upon the filing of the Articles of Amendment to the Company’s Amended and Restated Articles of Incorporation (the “Articles of Amendment”) with the Wisconsin Department of Financial Institutions.
The name change will not have any effect on the rights of our existing shareholders.
If the proposed amendment is approved, Article I of our Amended and Restated Articles of Incorporation will be amended and restated in its entirety to read as follows:
ARTICLE I. NAME
The name of this Corporation shall be:
“MODEXUS SOLUTIONS, INC.”
Amendments to our Bylaws previously approved by our Board to reflect the change in the Company’s name, contingent upon shareholder approval, will become effective concurrently with the effectiveness of the Articles of Amendment.
-1-
Our common stock is currently listed for trading on the New York Stock Exchange under the symbol “MOD”. If the Proposal is approved and the name change becomes effective, our common stock will continue to be listed on the New York Stock Exchange under the symbol “MOD”, and the CUSIP number assigned to our common stock will remain the same.
If the name change becomes effective, the rights of shareholders holding certificated shares under currently outstanding stock certificates and the number of shares represented by those certificates will remain unchanged. The name change will not affect the validity or transferability of any currently outstanding stock certificates nor will shareholders be required to exchange outstanding stock certificates for new stock certificates as a result of the name change. After the name change, all newly issued and transferred shares will be held in direct registration accounts and, together with uncertificated shares currently held in direct registration accounts, will bear the name “Modexus Solutions, Inc.”
The Board of Directors recommends a vote “FOR” the proposal to amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company to Change the Name of the Company to Modexus Solutions, Inc.
In making this recommendation, our Board is retaining the ability, without further vote by our shareholders, to delay or abandon the proposed name change at any time if the Board concludes that such action would be in the best interests of the Company and our shareholders.
Vote Required for Approval
The affirmative vote of two-thirds of all votes entitled to be cast on the proposal by all shares entitled to vote thereon at the Special Meeting is required to approve the Proposal.
Because the name change proposal is considered a “routine” matter under the rules of the NYSE, if you hold your shares in street name through a bank, broker or other nominee and do not provide voting instructions, your bank, broker or other nominee may vote your shares on the name change proposal in its discretion. A broker non-vote occurs when a bank, broker or other nominee holding shares for a beneficial owner does not vote on a particular matter because it has not received voting instructions from the beneficial owner and does not have discretionary authority to vote on the matter. Because banks, brokers and other nominees have discretionary authority to vote uninstructed shares on the name change proposal, there will not be any broker non-votes with respect to the name change proposal. Abstentions will have the same effect as votes against the proposal.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth information regarding the beneficial ownership of shares of the Company’s common stock as of October 9, 2026, by persons known by the Company to beneficially own more than five percent of the outstanding shares:
Number of Shares
Owned and
Name and Address of Owner (1)
Nature of Interest
Percent of Class
Vanguard Capital Management (2)
2,763,681
5.2
%
100 Vanguard Blvd.
Malvern, PA 19355
(1)
The number of shares is as of the date the shareholder reported the holdings in filings under the Exchange Act, unless more recent information was provided. The above beneficial ownership information is based on information furnished by the specified persons and is determined in accordance with Exchange Act Rule 13d-3, and other facts known to the Company.
(2)
Based on the Schedule 13G filed under the Exchange Act on April 30, 2026, Vanguard Capital Management has the sole power to vote or direct the vote of 400,947 shares and the sole power to dispose or direct the disposition of 2,763,681 shares.
-2-
The following table sets forth information regarding the beneficial ownership of shares of the Company’s common stock as of October 9, 2026, by:
·
Each director and “named executive officer” of the Company; and
·
all directors and executive officers of the Company as a group.
Restricted Stock
Options
Held in
Units vesting
Exercisable
401(k)
within 60 days
Direct
within 60 days of
Retirement
of October 9,
Percent of
Name
Ownership
October 9, 2026
Plan
2026
Total (1)
Class
Eric D. Ashleman
42,350
—
NA
—
42,350
*
Mark Bendza
1,149
—
NA
—
1,149
*
Suresh V. Garimella
79,856
—
NA
—
79,856
*
Katherine C. Harper
16,578
—
NA
—
16,578
*
Alan S. Lowe
1,252
—
NA
—
1,252
*
Marsha C. Williams
110,653
—
NA
—
110,653
*
David J. Wilson
8,578
—
NA
—
8,578
*
Christine Y. Yan
74,443
—
NA
—
74,443
*
Neil D. Brinker
348,418
114,368
—
—
462,786
*
Michael B. Lucareli
88,371
19,688
971
—
109,030
*
Eric S. McGinnis (2)
26,543
—
—
—
26,543
*
Jeremy M. Patten (3)
1,023
—
—
—
1,023
*
Erin J. Roth
5,266
—
—
224
5,490
*
All directors and executive officers as a group (14 persons)
911,614
134,056
2,445
224
1,048,339
2.0
%
* Represents less than one percent of the class.
(1)
Includes shares of common stock issuable upon the exercise of stock options exercisable within 60 days of October 9, 2026, and restricted stock units that vest within 60 days of October 9, 2026. Such information is not necessarily to be construed as an admission of beneficial ownership.
(2)
Mr. McGinnis retired from the Company effective June 30, 2026. Ownership information is based on the Form 4 filed on Mr. McGinnis’s behalf on June 22, 2026 and from the Company’s most recent internal information.
(3)
Mr. Patten’s employment transitioned to Gentherm effective October 1, 2026, in connection with the Transaction. Ownership information is based on the Form 4 filed on Mr. Patten’s behalf on September 29, 2026, the most recent date as of which such information is available to the Company.
ADDITIONAL MATTERS
The Board of Directors is not aware of any other matters that will be presented for action at the Special Meeting. Should any additional matters properly come before the meeting, the persons named in the proxy will vote on those matters in accordance with their best judgment.
-3-
GENERAL INFORMATION ABOUT THE SPECIAL MEETING AND VOTING
Are the proxy materials available electronically?
Yes, they are available at www.proxyvote.com and on our website, www.modine.com. In addition, shareholders may elect to view future proxy statements on the Internet instead of receiving paper copies in the mail. If you are a shareholder of record, you may choose this option and save us the cost of producing and mailing these documents by following the instructions provided on the proxy card to vote on the Internet. On the referenced website, you will be given instructions to choose to receive future proxy statements electronically. If you hold your stock in street name, please refer to the information provided by the party in whose name the shares are held for instructions on how to elect to view future proxy statements on the Internet.
How may I access the virtual Special Meeting?
You may access the Special Meeting by visiting www.virtualshareholdermeeting.com/MOD2026SM where you will be able to attend and participate online, vote your shares electronically, and submit questions prior to and during the meeting.
How do I ask questions during the Special Meeting?
You may submit questions during the Special Meeting by visiting www.virtualshareholdermeeting.com/MOD2026SM, where you will
enter the 16-digit control number found on the proxy card or voter instruction form provided to you with this proxy statement. Shareholders who do not have a 16-digit control number should contact their bank or broker to obtain one.
Shareholder questions must be pertinent to the Proposal. The Special Meeting is not to be used as a forum to present views that are not directly related to the business before the Special Meeting. Recording of the Special Meeting is prohibited. A webcast playback will be available at
www.virtualshareholdermeeting.com/MOD2026SM at the later of approximately
24 hours or the next business day after the completion of the meeting.
Any additional information regarding the rules and procedures for participating in the Special Meeting will be available during the meeting on the meeting website. We encourage you to access the Special Meeting before it begins. Online check-in will be available at
www.virtualshareholdermeeting.com/MOD2026SM
approximately 15 minutes before the Special Meeting starts on November 13, 2026. If you encounter any difficulties accessing the virtual Special Meeting during the check-in or meeting time, please call the technical support number that will be posted on the virtual meeting login page.
Who may vote?
You may vote your shares of common stock if our records show that you owned the shares at the close of business on October 9, 2026, the record date for the Special Meeting. A total of 53,196,918 shares of common stock were outstanding as of the record date and entitled to vote at the Special Meeting. You are entitled to one vote for each share of common stock you own. The holders of common stock do not have cumulative voting rights. The enclosed proxy card shows the number of shares you may vote.
How do I vote?
Registered Holders
Registered holders may vote prior to the Special Meeting (i) by completing and mailing the enclosed proxy card, or (ii) electronically via the Internet, or (iii) by calling Broadridge Financial Solutions, Inc. Specific instructions for each voting option are set forth on the enclosed proxy card. You may also vote electronically at the Special Meeting.
The Internet and telephone voting procedures on the enclosed proxy card to vote your shares prior to the Special Meeting are for your convenience and reduce costs for Modine. The procedures are designed to authenticate your identity, allow you to give voting instructions and confirm that those instructions have been recorded properly.
Street Name Holders
If your shares are registered in the name of a bank or brokerage firm, you may be eligible to vote your shares electronically via the Internet or by telephone. If your bank or brokerage firm is participating in the Broadridge Investor Communication Services’ program, your voting form will provide you with instructions.
401(k) Retirement Plan Participants
If you are a participant in one of Modine’s 401(k) Retirement Plans, you will receive a voting instruction form on which you may indicate your voting instructions for the shares held in your plan account. The trustee for the plan, Equiniti Trust Company, will vote your shares as you direct. If a proxy is not returned for shares held in a plan, the trustee generally will vote those shares in the same proportion that all shares in the plan for which voting instructions have been received are voted, although it may do otherwise in its discretion.
-4-
May I vote during the Special Meeting?
Although we encourage you to vote via the Internet, complete and return the proxy card or vote by telephone prior to the Special Meeting to ensure that your vote is counted, you may attend the Special Meeting and vote your shares electronically at the Special Meeting.
What does the Board of Directors recommend?
The Board of Directors’ recommendation is included with the description of the Proposal in this proxy statement. In summary, the Board recommends a vote “
FOR
” the proposal to amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company to Change the Name of the Company to Modexus Solutions, Inc.
Unless you give other instructions, the persons named as proxies will vote “FOR” the Proposal.
What if other matters come up at the Special Meeting?
To our knowledge, the matter described in this proxy statement is the only matter that will be subject to a vote at the Special Meeting. If other matters are properly presented, the persons appointed as proxies will vote your shares on those other matters in accordance with their best judgment.
May I change my vote after I appoint a proxy?
Yes, you may change your vote by revoking your proxy. You may revoke your proxy by:
●
submitting a later-dated proxy;
●
giving written notice before the Special Meeting to the Company’s Corporate Secretary stating that you are revoking your previous proxy;
●
revoking your proxy in the same manner you initially submitted it – by mail, Internet, or the telephone; or
●
virtually attending the Special Meeting and voting your shares electronically at the Special Meeting.
If you decide to vote your shares electronically at the Special Meeting, we prefer that you first revoke your prior proxy in the same way you initially submitted it – that is, by mail, Internet, or the telephone. The presence at the Special Meeting of a shareholder who has made an effective proxy appointment does not, by itself, constitute a revocation of a proxy appointment.
How are votes counted?
A majority of the shares entitled to be cast, represented in person or by proxy, will constitute a quorum at the Special
Meeting. Abstentions are counted as present for purposes of determining a quorum. Because banks, brokers and other nominees have discretionary authority to vote uninstructed shares on the name change proposal, there will not be any broker non-votes with respect to the Proposal.
Voting on the Proposal to Amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company
The affirmative vote of two-thirds of all votes entitled to be cast on the Proposal by all shares entitled to vote thereon at the Special Meeting is required to approve the Proposal. Abstentions and shares not voted on the Proposal will have the effect of votes against approval of the Proposal. As noted above, because banks, brokers and other nominees have discretionary authority to vote uninstructed shares on the Proposal, there will not be any broker non-votes with respect to the Proposal.
Who will count the votes?
Broadridge Financial Solutions, Inc., an independent tabulator, will count the votes under the supervision of the Inspectors of Election appointed by the Board of Directors.
Shareholder Proposals for 2027 Annual Meeting
Shareholder proposals for the 2027 Annual Meeting of Shareholders of the Company must be received no later than March 9, 2027 at the Company’s principal executive office, directed to the attention of the Company’s Corporate Secretary, in order to be considered for inclusion in the 2027 Annual Meeting proxy material under the proxy rules of the SEC. Written notice of shareholder proposals and director nominations for the 2027 Annual Meeting of Shareholders of the Company that are not intended to be considered for inclusion in next year’s Annual Meeting proxy material (shareholder proposals submitted outside the processes of Rule 14a-8) must be received no earlier than April 22, 2027 and no later than May 22, 2027 at such offices, directed to the attention of the Company’s Corporate Secretary, and must be submitted in accordance with the requirements of the Bylaws of the Company.
In addition to satisfying the foregoing requirements under our Bylaws, to comply with the universal proxy rules for the 2027 Annual Meeting of Shareholders, shareholders who intend to solicit proxies in support of director nominees other than the Company’s nominees must provide notice that sets forth the additional information
-5-
required by Rule 14a-19 under the Exchange Act no earlier than April 22, 2027 and no later than May 22, 2027.
Solicitation of Proxies
Proxies are being solicited by the Board for use at the Special Meeting. The Company’s officers and other employees, without additional remuneration, also may assist in the solicitation of proxies in the ordinary course of their employment. Brokers, banks, nominees, fiduciaries, and other custodians will be requested to solicit beneficial owners of shares and will be reimbursed for their expenses. The Company also has engaged Sodali as the Company’s proxy solicitor to assist in the solicitation of proxies for the Special Meeting. The Company has agreed to pay Sodali a fee of $20,000, plus certain additional fees and reimbursement of reasonable out-of-pocket expenses, for these services. The Company is also required to indemnify Sodali and its affiliates against certain claims, liabilities, losses, damages and expenses.
In addition to the use of the mail and the Internet, solicitations may be made personally or by email or telephone, as well as by public announcement. The Company will bear the cost of this proxy solicitation.
If you have questions about how to vote or direct a vote in respect of your shares or about the Proposal, or if you need additional copies of the proxy statement or proxy card, you may contact Sodali at:
Sodali & Co.
430 Park Avenue
14th Floor
New York, NY 10022
Banks and Brokers Call: (203) 658-9400
Stockholders Call Toll Free: (800) 662-5200
E-mail:
MOD@investor.sodali.com
How may I help reduce mailing costs?
As described below, eligible shareholders who have more than one account in their name or the same address as other shareholders may authorize us to discontinue mailings of multiple annual reports and proxy statements. Most shareholders can also view future annual reports and proxy statements on the Internet rather than receiving paper copies in the mail. See the first question and answer in this section and your proxy card for more information.
The Company will provide to any shareholder, without charge, upon written request of such shareholder, a copy of the Company’s Form 10-K (without exhibits). Such requests should be addressed to: Vice President, Treasurer & Investor Relations, Modine Manufacturing Company, 1500 DeKoven Avenue, Racine, Wisconsin, 53403-2552. A copy of the Company’s Form 10-K is available on our website, www.modine.com.
What happens if multiple shareholders share the same address?
We have adopted a procedure called “householding,” so we are sending only one proxy statement to shareholders with the same last name at a single address, unless we have received instructions to do otherwise. Householding reduces our printing and postage costs. If a shareholder of record wishes to receive a separate copy of this proxy statement, he or she may tell us so by providing written notice to the Company’s Corporate Secretary, Modine Manufacturing Company, 1500 DeKoven Avenue, Racine, WI 53403-2552, or oral notice by calling 262-636-1517. Upon written or oral request, the Company will promptly send a copy of the proxy statement.
Shareholders of record sharing the same address and receiving multiple copies of the proxy statement may request householding by contacting us in the same manner. If you own your shares in street name, you may request householding by contacting the entity in whose name the shares are held.
-6-
DEF 14A
1
mod-20261113xdef14a.htm
DEF 14A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
(Amendment No.
)
Filed by the Registrant
☒
Filed by a Party other than the Registrant
☐
Check the appropriate box:
☐
Preliminary Proxy Statement
☐
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒
Definitive Proxy Statement
☐
Definitive Additional Materials
☐
Soliciting Material Pursuant to
§
240.14a-12
MODINE MANUFACTURING COMPANY
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
☒
No fee required
☐
Fee paid previously with preliminary materials
☐
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11
1500 DeKoven Avenue
Racine, Wisconsin 53403-2552
Notice of Special Meeting of Shareholders
To the Shareholders of Modine Manufacturing Company:
Notice is hereby given
that a Special Meeting of the Shareholders of Modine Manufacturing Company will be held in virtual format on
Friday, November 13, 2026, at 8:00 a.m. Central Time
.
There will be no physical location for the Special Meeting.
You may access the Special Meeting by visiting
www.virtualshareholdermeeting.com/MOD2026SM
where you will be able to attend and participate online, vote your shares electronically, and submit questions prior to and during the meeting.
Who may vote:
You may vote if you were a shareholder of record at the close of business on October 9, 2026, which is the Record Date for the Special Meeting.
Matter to be voted on:
1.
To approve a proposal to amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company to change the name of the company to Modexus Solutions, Inc.; and
2.
Consideration of any other matters properly brought before the shareholders at the meeting.
On October 1, 2026, Modine completed the separation of its Performance Technologies business and the combination of that business with Gentherm Incorporated. The proposed name, Modexus Solutions, Inc., reflects the Company’s position following the transaction as a diversified thermal management company serving high-growth markets, including data center cooling, commercial HVAC and refrigeration, while carrying forward Modine’s century-long heritage. The Board of Directors believes that the proposed name appropriately reflects the Company’s business and strategic focus and recommends that shareholders vote FOR the proposal.
Your vote is very important. Approval of the proposal requires the affirmative vote of two-thirds of all votes entitled to be cast on the proposal. Accordingly, failure to vote and abstentions will have the same effect as votes against the proposal.
Regardless of whether you expect to attend the Special Meeting virtually, you are urged to vote electronically via the Internet, by a telephone vote or by completing and mailing the accompanying proxy card. Instructions for electronic voting via the Internet and telephonic voting are contained on the accompanying proxy card.
If you attend the meeting virtually and wish to vote your shares personally, you may do so by revoking your proxy at any time prior to the voting thereof. You may revoke your proxy at any time before it is voted by following the procedures described in the accompanying proxy statement.
Important Notice Regarding the Availability of Proxy Materials for the Special Meeting of Shareholders to be held on Friday, November 13, 2026:
The notice and proxy statement of Modine Manufacturing Company are available for review at
www.virtualshareholdermeeting.com/MOD2026SM
.
By order of the Board of Directors,
Erin J. Roth
Vice President, General Counsel, Corporate
Secretary and Chief Compliance Officer
October 13, 2026
About the Special Shareholders Meeting
This proxy statement is furnished to solicit proxies by the Board of Directors of Modine Manufacturing Company (the “Company,” “Modine,” “we” or “us”) for use at the special meeting of its shareholders to be held on November 13, 2026, and at any adjournment or postponement of the meeting (the “Special Meeting”). The Special Meeting will be held in virtual format on Friday, November 13, 2026, at 8:00 a.m. Central Time. There will be no physical location for the Special Meeting. This proxy statement and accompanying proxy card are first being sent to shareholders on October 13, 2026.
ITEM 1 –
TO APPROVE THE PROPOSAL TO AMEND THE Amended and Restated Articles of Incorporation of modine manufacturing company to Change the Name of the COMPANY to Modexus Solutions, Inc.
Our Board has approved, and recommends that our shareholders approve, an amendment to our Articles of Incorporation to change the name of the Company from Modine Manufacturing Company to Modexus Solutions, Inc. (the “Proposal”).
Reason for the Proposal
On October 1, 2026, pursuant to definitive agreements entered into on January 29, 2026, Modine completed the separation of its Performance Technologies business and the combination of that business with Gentherm Incorporated in a Reverse Morris Trust transaction (the “Transaction”). In connection with the Transaction, ownership of the “Modine” trademark was transferred with the Performance Technologies business, and Modine agreed to change its corporate legal name to a name that does not include the “Modine” trademark within six months of October 1, 2026. Although Modine retains certain rights under a trademark license agreement to continue using the “Modine” trademark in connection with specified products and services, the proposed name change is necessary to satisfy the Company’s obligations in connection with the Transaction and establish a distinct corporate identity for the Company following the separation.
After considering potential alternatives, the Board selected “Modexus Solutions, Inc.” as the Company’s proposed new name. The proposed name reflects the Company’s position following the Transaction as a diversified thermal management company serving high-growth markets, including data center cooling, commercial HVAC and refrigeration. The name was selected to carry forward Modine’s century-long heritage while underscoring the Company’s focus on innovative, connected thermal systems and solutions.
The Board believes that changing the Company’s name to Modexus Solutions, Inc. is appropriate in light of the Company’s post-Transaction business and strategic focus and will help distinguish the Company from the Performance Technologies business transferred in the Transaction. Accordingly, the Board has approved the proposed amendment and recommends that shareholders approve it.
Effects of the Name Change
If the shareholders approve this proposal, the change of the Company’s name will become effective upon the filing of the Articles of Amendment to the Company’s Amended and Restated Articles of Incorporation (the “Articles of Amendment”) with the Wisconsin Department of Financial Institutions.
The name change will not have any effect on the rights of our existing shareholders.
If the proposed amendment is approved, Article I of our Amended and Restated Articles of Incorporation will be amended and restated in its entirety to read as follows:
ARTICLE I. NAME
The name of this Corporation shall be:
“MODEXUS SOLUTIONS, INC.”
Amendments to our Bylaws previously approved by our Board to reflect the change in the Company’s name, contingent upon shareholder approval, will become effective concurrently with the effectiveness of the Articles of Amendment.
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Our common stock is currently listed for trading on the New York Stock Exchange under the symbol “MOD”. If the Proposal is approved and the name change becomes effective, our common stock will continue to be listed on the New York Stock Exchange under the symbol “MOD”, and the CUSIP number assigned to our common stock will remain the same.
If the name change becomes effective, the rights of shareholders holding certificated shares under currently outstanding stock certificates and the number of shares represented by those certificates will remain unchanged. The name change will not affect the validity or transferability of any currently outstanding stock certificates nor will shareholders be required to exchange outstanding stock certificates for new stock certificates as a result of the name change. After the name change, all newly issued and transferred shares will be held in direct registration accounts and, together with uncertificated shares currently held in direct registration accounts, will bear the name “Modexus Solutions, Inc.”
The Board of Directors recommends a vote “FOR” the proposal to amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company to Change the Name of the Company to Modexus Solutions, Inc.
In making this recommendation, our Board is retaining the ability, without further vote by our shareholders, to delay or abandon the proposed name change at any time if the Board concludes that such action would be in the best interests of the Company and our shareholders.
Vote Required for Approval
The affirmative vote of two-thirds of all votes entitled to be cast on the proposal by all shares entitled to vote thereon at the Special Meeting is required to approve the Proposal.
Because the name change proposal is considered a “routine” matter under the rules of the NYSE, if you hold your shares in street name through a bank, broker or other nominee and do not provide voting instructions, your bank, broker or other nominee may vote your shares on the name change proposal in its discretion. A broker non-vote occurs when a bank, broker or other nominee holding shares for a beneficial owner does not vote on a particular matter because it has not received voting instructions from the beneficial owner and does not have discretionary authority to vote on the matter. Because banks, brokers and other nominees have discretionary authority to vote uninstructed shares on the name change proposal, there will not be any broker non-votes with respect to the name change proposal. Abstentions will have the same effect as votes against the proposal.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth information regarding the beneficial ownership of shares of the Company’s common stock as of October 9, 2026, by persons known by the Company to beneficially own more than five percent of the outstanding shares:
Number of Shares
Owned and
Name and Address of Owner (1)
Nature of Interest
Percent of Class
Vanguard Capital Management (2)
2,763,681
5.2
%
100 Vanguard Blvd.
Malvern, PA 19355
(1)
The number of shares is as of the date the shareholder reported the holdings in filings under the Exchange Act, unless more recent information was provided. The above beneficial ownership information is based on information furnished by the specified persons and is determined in accordance with Exchange Act Rule 13d-3, and other facts known to the Company.
(2)
Based on the Schedule 13G filed under the Exchange Act on April 30, 2026, Vanguard Capital Management has the sole power to vote or direct the vote of 400,947 shares and the sole power to dispose or direct the disposition of 2,763,681 shares.
-2-
The following table sets forth information regarding the beneficial ownership of shares of the Company’s common stock as of October 9, 2026, by:
·
Each director and “named executive officer” of the Company; and
·
all directors and executive officers of the Company as a group.
Restricted Stock
Options
Held in
Units vesting
Exercisable
401(k)
within 60 days
Direct
within 60 days of
Retirement
of October 9,
Percent of
Name
Ownership
October 9, 2026
Plan
2026
Total (1)
Class
Eric D. Ashleman
42,350
—
NA
—
42,350
*
Mark Bendza
1,149
—
NA
—
1,149
*
Suresh V. Garimella
79,856
—
NA
—
79,856
*
Katherine C. Harper
16,578
—
NA
—
16,578
*
Alan S. Lowe
1,252
—
NA
—
1,252
*
Marsha C. Williams
110,653
—
NA
—
110,653
*
David J. Wilson
8,578
—
NA
—
8,578
*
Christine Y. Yan
74,443
—
NA
—
74,443
*
Neil D. Brinker
348,418
114,368
—
—
462,786
*
Michael B. Lucareli
88,371
19,688
971
—
109,030
*
Eric S. McGinnis (2)
26,543
—
—
—
26,543
*
Jeremy M. Patten (3)
1,023
—
—
—
1,023
*
Erin J. Roth
5,266
—
—
224
5,490
*
All directors and executive officers as a group (14 persons)
911,614
134,056
2,445
224
1,048,339
2.0
%
* Represents less than one percent of the class.
(1)
Includes shares of common stock issuable upon the exercise of stock options exercisable within 60 days of October 9, 2026, and restricted stock units that vest within 60 days of October 9, 2026. Such information is not necessarily to be construed as an admission of beneficial ownership.
(2)
Mr. McGinnis retired from the Company effective June 30, 2026. Ownership information is based on the Form 4 filed on Mr. McGinnis’s behalf on June 22, 2026 and from the Company’s most recent internal information.
(3)
Mr. Patten’s employment transitioned to Gentherm effective October 1, 2026, in connection with the Transaction. Ownership information is based on the Form 4 filed on Mr. Patten’s behalf on September 29, 2026, the most recent date as of which such information is available to the Company.
ADDITIONAL MATTERS
The Board of Directors is not aware of any other matters that will be presented for action at the Special Meeting. Should any additional matters properly come before the meeting, the persons named in the proxy will vote on those matters in accordance with their best judgment.
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GENERAL INFORMATION ABOUT THE SPECIAL MEETING AND VOTING
Are the proxy materials available electronically?
Yes, they are available at www.proxyvote.com and on our website, www.modine.com. In addition, shareholders may elect to view future proxy statements on the Internet instead of receiving paper copies in the mail. If you are a shareholder of record, you may choose this option and save us the cost of producing and mailing these documents by following the instructions provided on the proxy card to vote on the Internet. On the referenced website, you will be given instructions to choose to receive future proxy statements electronically. If you hold your stock in street name, please refer to the information provided by the party in whose name the shares are held for instructions on how to elect to view future proxy statements on the Internet.
How may I access the virtual Special Meeting?
You may access the Special Meeting by visiting www.virtualshareholdermeeting.com/MOD2026SM where you will be able to attend and participate online, vote your shares electronically, and submit questions prior to and during the meeting.
How do I ask questions during the Special Meeting?
You may submit questions during the Special Meeting by visiting www.virtualshareholdermeeting.com/MOD2026SM, where you will
enter the 16-digit control number found on the proxy card or voter instruction form provided to you with this proxy statement. Shareholders who do not have a 16-digit control number should contact their bank or broker to obtain one.
Shareholder questions must be pertinent to the Proposal. The Special Meeting is not to be used as a forum to present views that are not directly related to the business before the Special Meeting. Recording of the Special Meeting is prohibited. A webcast playback will be available at
www.virtualshareholdermeeting.com/MOD2026SM at the later of approximately
24 hours or the next business day after the completion of the meeting.
Any additional information regarding the rules and procedures for participating in the Special Meeting will be available during the meeting on the meeting website. We encourage you to access the Special Meeting before it begins. Online check-in will be available at
www.virtualshareholdermeeting.com/MOD2026SM
approximately 15 minutes before the Special Meeting starts on November 13, 2026. If you encounter any difficulties accessing the virtual Special Meeting during the check-in or meeting time, please call the technical support number that will be posted on the virtual meeting login page.
Who may vote?
You may vote your shares of common stock if our records show that you owned the shares at the close of business on October 9, 2026, the record date for the Special Meeting. A total of 53,196,918 shares of common stock were outstanding as of the record date and entitled to vote at the Special Meeting. You are entitled to one vote for each share of common stock you own. The holders of common stock do not have cumulative voting rights. The enclosed proxy card shows the number of shares you may vote.
How do I vote?
Registered Holders
Registered holders may vote prior to the Special Meeting (i) by completing and mailing the enclosed proxy card, or (ii) electronically via the Internet, or (iii) by calling Broadridge Financial Solutions, Inc. Specific instructions for each voting option are set forth on the enclosed proxy card. You may also vote electronically at the Special Meeting.
The Internet and telephone voting procedures on the enclosed proxy card to vote your shares prior to the Special Meeting are for your convenience and reduce costs for Modine. The procedures are designed to authenticate your identity, allow you to give voting instructions and confirm that those instructions have been recorded properly.
Street Name Holders
If your shares are registered in the name of a bank or brokerage firm, you may be eligible to vote your shares electronically via the Internet or by telephone. If your bank or brokerage firm is participating in the Broadridge Investor Communication Services’ program, your voting form will provide you with instructions.
401(k) Retirement Plan Participants
If you are a participant in one of Modine’s 401(k) Retirement Plans, you will receive a voting instruction form on which you may indicate your voting instructions for the shares held in your plan account. The trustee for the plan, Equiniti Trust Company, will vote your shares as you direct. If a proxy is not returned for shares held in a plan, the trustee generally will vote those shares in the same proportion that all shares in the plan for which voting instructions have been received are voted, although it may do otherwise in its discretion.
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May I vote during the Special Meeting?
Although we encourage you to vote via the Internet, complete and return the proxy card or vote by telephone prior to the Special Meeting to ensure that your vote is counted, you may attend the Special Meeting and vote your shares electronically at the Special Meeting.
What does the Board of Directors recommend?
The Board of Directors’ recommendation is included with the description of the Proposal in this proxy statement. In summary, the Board recommends a vote “
FOR
” the proposal to amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company to Change the Name of the Company to Modexus Solutions, Inc.
Unless you give other instructions, the persons named as proxies will vote “FOR” the Proposal.
What if other matters come up at the Special Meeting?
To our knowledge, the matter described in this proxy statement is the only matter that will be subject to a vote at the Special Meeting. If other matters are properly presented, the persons appointed as proxies will vote your shares on those other matters in accordance with their best judgment.
May I change my vote after I appoint a proxy?
Yes, you may change your vote by revoking your proxy. You may revoke your proxy by:
●
submitting a later-dated proxy;
●
giving written notice before the Special Meeting to the Company’s Corporate Secretary stating that you are revoking your previous proxy;
●
revoking your proxy in the same manner you initially submitted it – by mail, Internet, or the telephone; or
●
virtually attending the Special Meeting and voting your shares electronically at the Special Meeting.
If you decide to vote your shares electronically at the Special Meeting, we prefer that you first revoke your prior proxy in the same way you initially submitted it – that is, by mail, Internet, or the telephone. The presence at the Special Meeting of a shareholder who has made an effective proxy appointment does not, by itself, constitute a revocation of a proxy appointment.
How are votes counted?
A majority of the shares entitled to be cast, represented in person or by proxy, will constitute a quorum at the Special
Meeting. Abstentions are counted as present for purposes of determining a quorum. Because banks, brokers and other nominees have discretionary authority to vote uninstructed shares on the name change proposal, there will not be any broker non-votes with respect to the Proposal.
Voting on the Proposal to Amend the Amended and Restated Articles of Incorporation of Modine Manufacturing Company
The affirmative vote of two-thirds of all votes entitled to be cast on the Proposal by all shares entitled to vote thereon at the Special Meeting is required to approve the Proposal. Abstentions and shares not voted on the Proposal will have the effect of votes against approval of the Proposal. As noted above, because banks, brokers and other nominees have discretionary authority to vote uninstructed shares on the Proposal, there will not be any broker non-votes with respect to the Proposal.
Who will count the votes?
Broadridge Financial Solutions, Inc., an independent tabulator, will count the votes under the supervision of the Inspectors of Election appointed by the Board of Directors.
Shareholder Proposals for 2027 Annual Meeting
Shareholder proposals for the 2027 Annual Meeting of Shareholders of the Company must be received no later than March 9, 2027 at the Company’s principal executive office, directed to the attention of the Company’s Corporate Secretary, in order to be considered for inclusion in the 2027 Annual Meeting proxy material under the proxy rules of the SEC. Written notice of shareholder proposals and director nominations for the 2027 Annual Meeting of Shareholders of the Company that are not intended to be considered for inclusion in next year’s Annual Meeting proxy material (shareholder proposals submitted outside the processes of Rule 14a-8) must be received no earlier than April 22, 2027 and no later than May 22, 2027 at such offices, directed to the attention of the Company’s Corporate Secretary, and must be submitted in accordance with the requirements of the Bylaws of the Company.
In addition to satisfying the foregoing requirements under our Bylaws, to comply with the universal proxy rules for the 2027 Annual Meeting of Shareholders, shareholders who intend to solicit proxies in support of director nominees other than the Company’s nominees must provide notice that sets forth the additional information
-5-
required by Rule 14a-19 under the Exchange Act no earlier than April 22, 2027 and no later than May 22, 2027.
Solicitation of Proxies
Proxies are being solicited by the Board for use at the Special Meeting. The Company’s officers and other employees, without additional remuneration, also may assist in the solicitation of proxies in the ordinary course of their employment. Brokers, banks, nominees, fiduciaries, and other custodians will be requested to solicit beneficial owners of shares and will be reimbursed for their expenses. The Company also has engaged Sodali as the Company’s proxy solicitor to assist in the solicitation of proxies for the Special Meeting. The Company has agreed to pay Sodali a fee of $20,000, plus certain additional fees and reimbursement of reasonable out-of-pocket expenses, for these services. The Company is also required to indemnify Sodali and its affiliates against certain claims, liabilities, losses, damages and expenses.
In addition to the use of the mail and the Internet, solicitations may be made personally or by email or telephone, as well as by public announcement. The Company will bear the cost of this proxy solicitation.
If you have questions about how to vote or direct a vote in respect of your shares or about the Proposal, or if you need additional copies of the proxy statement or proxy card, you may contact Sodali at:
Sodali & Co.
430 Park Avenue
14th Floor
New York, NY 10022
Banks and Brokers Call: (203) 658-9400
Stockholders Call Toll Free: (800) 662-5200
E-mail:
MOD@investor.sodali.com
How may I help reduce mailing costs?
As described below, eligible shareholders who have more than one account in their name or the same address as other shareholders may authorize us to discontinue mailings of multiple annual reports and proxy statements. Most shareholders can also view future annual reports and proxy statements on the Internet rather than receiving paper copies in the mail. See the first question and answer in this section and your proxy card for more information.
The Company will provide to any shareholder, without charge, upon written request of such shareholder, a copy of the Company’s Form 10-K (without exhibits). Such requests should be addressed to: Vice President, Treasurer & Investor Relations, Modine Manufacturing Company, 1500 DeKoven Avenue, Racine, Wisconsin, 53403-2552. A copy of the Company’s Form 10-K is available on our website, www.modine.com.
What happens if multiple shareholders share the same address?
We have adopted a procedure called “householding,” so we are sending only one proxy statement to shareholders with the same last name at a single address, unless we have received instructions to do otherwise. Householding reduces our printing and postage costs. If a shareholder of record wishes to receive a separate copy of this proxy statement, he or she may tell us so by providing written notice to the Company’s Corporate Secretary, Modine Manufacturing Company, 1500 DeKoven Avenue, Racine, WI 53403-2552, or oral notice by calling 262-636-1517. Upon written or oral request, the Company will promptly send a copy of the proxy statement.
Shareholders of record sharing the same address and receiving multiple copies of the proxy statement may request householding by contacting us in the same manner. If you own your shares in street name, you may request householding by contacting the entity in whose name the shares are held.
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决策记录链 · 只追加
每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。
d0449b7ede· 2026-10-13 21:23 · doubao / doubao-seed-evolving-latest-version · 策略包2226518bfdee当前