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ModivCare (MODV) 10% owner Q Global Capital Management bought 75,548 shares for $1.07M at an average $14.23

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Insider transactions reported

Q Global Capital Management, L.P. (10% owner at ModivCare Inc., MODV) reported that they bought 75,548 shares for $1.07M at an average $14.23 between Oct 23, 2024 and Oct 24, 2024. After these transactions the filing shows 1,499,838 shares held directly.

Reporting person
Q Global Capital Management, L.P.
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Oct 23, 2024Open-market purchase (P)Common Stock, $0.001 par value per share1, 2, 3+50,748$14.16$719K1,475,038 direct
Oct 24, 2024Open-market purchase (P)Common Stock, $0.001 par value per share1, 2, 4+24,800$14.36$356K1,499,838 direct

Holdings before and after

  • Common Stock, $0.001 par value per share: 1,424,290 to 1,499,838 direct

Footnotes from the filing

  1. 1. All shares reported herein as being owned by Q Global Capital Management, L.P. ( QGCM ) are held by QGCM pursuant to an Investment Management Agreement with Q5-R5 Trading, Ltd. This filing shall not be deemed an admission that QGCM is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 (the Act ).
  2. 2. Q Global Advisors, LLC ( QGA ) is the sole general partner of QGCM, which is the holder of the shares reported herein. Renegade Swish, LLC ( RS ) is the sole manager of QGCA. RS is controlled and indirectly wholly owned by Geoffrey P. Raynor ( Raynor ). Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Act, each of QGCM, QGA, RS and Raynor is deemed to be the beneficial owner of any such shares beneficially owned by QGCM only to the extent of the greater of his or its respective direct or indirect interest therein. Each of QGCM, QGA, RS and Raynor hereby disclaims beneficial ownership of all such shares, except to the extent of any indirect pecuniary interest therein.
  3. 3. The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $13.85 to $14.50, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the ranges set forth in this footnote.

Transaction codes in this filing

Open-market purchase:
Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

FAQ

What did Q Global Capital Management report in this MODV Form 4?

Q Global Capital Management, L.P. (10% owner at ModivCare Inc., MODV) reported that they bought 75,548 shares for $1.07M at an average $14.23 between Oct 23, 2024 and Oct 24, 2024. After these transactions the filing shows 1,499,838 shares held directly.

How many MODV shares does Q Global Capital Management hold after this filing?

The filing shows 1,499,838 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code P mean on an SEC Form 4?

Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

Historical context for MODV

Earlier insider filings at MODV

Quantisnow market dataNASDAQ
ModivCare Inc. logo
MODV
ModivCare Inc.
Market cap
30-day
Sector
Consumer Discretionary
Industry
Transportation Services
Listed since
2003
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