MODD
Modular Medical, Inc.Substantial doubt about the company's ability to continue as a going concern.
“As a result of our expected operating losses and cash burn for the foreseeable future and recurring losses from operations, if we are unable to raise sufficient capital through additional debt or equity arrangements, there will be uncertainty regarding our ability to maintain liquidity sufficient to operate our business effectively, which raises substantial doubt as to our ability to continue as a going concern.”View the 10-K filed Jun 29, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-30 | DeSisto Duane M |
Director |
Award↑
Filing footnotes — Common stock (Direct)
The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. |
Common stock
|
83 |
| 2026-06-30 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-06-30 | Volkart Carmen B |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. |
Common Stock
|
110 |
| 2026-06-30 | Goldberg Jeff D |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-06-30 | Vos Ellen O'Connor |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-06-30 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
62 |
| 2026-06-30 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-06-30 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. |
Common Stock
|
25 |
| 2026-06-30 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-05-14 | Schmid Kevin |
Chief Operating Officer |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
This option shall vest as to 1/3rd of the shares subject to the option on May 14, 2027 and as to 1/36th of the shares subject to the option on a monthly basis thereafter. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
4,674 |
| 2026-05-14 | DiPerna Paul |
Director, See Remarks |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
This option shall vest as to 1/3rd of the shares subject to the option on May 14, 2027 and as to 1/36th of the shares subject to the option on a monthly basis thereafter. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
11,218 |
| 2026-03-31 | Vos Ellen O'Connor |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-03-31 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. |
Common Stock
|
25 |
| 2026-03-31 | Goldberg Jeff D |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-03-31 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
62 |
| 2026-03-31 | Volkart Carmen B |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. |
Common Stock
|
103 |
| 2026-03-31 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-03-31 | DeSisto Duane M |
Director |
Award↑
Filing footnotes — Common stock (Direct)
The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan. Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. |
Common stock
|
83 |
| 2026-03-31 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
Share amount reflects the impact of a 1-for-30 reverse stock split of the Issuer's common stock effected on March 31, 2026. The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2026-03-31 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
250 |
| 2025-12-31 | Goldberg Jeff D |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-12-31 | Volkart Carmen B |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. |
Common Stock
|
3,125 |
| 2025-12-31 | Vos Ellen O'Connor |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-12-31 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. |
Common Stock
|
750 |
| 2025-12-31 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-12-31 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-12-31 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-12-31 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
1,875 |
| 2025-12-31 | DeSisto Duane M |
Director |
Award↑
Filing footnotes — Common stock (Direct)
The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan. |
Common stock
|
2,500 |
| 2025-12-11 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
On December 11, 2025, Reporting Person purchased in an underwritten public offering (a) 60,000 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") and (b) warrants (each, a "Warrant") to purchase 30,000 shares of Common Stock, at an offering price of $0.77 for each two shares of Common Stock and one Warrant. |
Common Stock
|
22,000 |
| 2025-12-11 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Warrants to purchase Common Stock (Direct)
The Warrants were purchased by the Reporting Person from the Issuer in an underwritten public offering, were immediately exercisable and expire on the date that is five years from the date of issuance. On December 11, 2025, Reporting Person purchased in an underwritten public offering (a) 60,000 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") and (b) warrants (each, a "Warrant") to purchase 30,000 shares of Common Stock, at an offering price of $0.77 for each two shares of Common Stock and one Warrant. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Securities that have different exercise prices or vesting terms are not considered to be of the same "class." |
Warrants to purchase Common Stock
|
11,000 |
| 2025-12-11 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
On December 11, 2025, Reporting Person purchased in an underwritten public offering (a) 60,000 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") and (b) warrants (each, a "Warrant") to purchase 30,000 shares of Common Stock, at an offering price of $0.77 for each two shares of Common Stock and one Warrant. |
Common Stock
|
60,000 |
| 2025-12-11 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Warrants to purchase Common Stock (Direct)
The Warrants were purchased by the Reporting Person from the Issuer in an underwritten public offering, were immediately exercisable and expire on the date that is five years from the date of issuance. On December 11, 2025, Reporting Person purchased in an underwritten public offering (a) 60,000 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") and (b) warrants (each, a "Warrant") to purchase 30,000 shares of Common Stock, at an offering price of $0.77 for each two shares of Common Stock and one Warrant. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Securities that have different exercise prices or vesting terms are not considered to be of the same "class." |
Warrants to purchase Common Stock
|
30,000 |
| 2025-09-30 | Volkart Carmen B |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. |
Common Stock
|
3,125 |
| 2025-09-30 | DeSisto Duane M |
Director |
Award↑
Filing footnotes — Common stock (Direct)
The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan. |
Common stock
|
2,500 |
| 2025-09-30 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-09-30 | Goldberg Jeff D |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-09-30 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-09-30 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
1,875 |
| 2025-09-30 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. |
Common Stock
|
750 |
| 2025-09-30 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-09-30 | Vos Ellen O'Connor |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-06-30 | Sheibley Philip Brent |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-06-30 | DeSisto Duane M |
Director |
Award↑
Filing footnotes — Common stock (Direct)
The Issuer issued these shares to the Reporting Person in accordance with its Outside Director Compensation Plan. |
Common stock
|
2,500 |
| 2025-06-30 | FRANK MORGAN C. |
Director, 10% Owner |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-06-30 | Vos Ellen O'Connor |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-06-30 | Goldberg Jeff D |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. |
Option to purchase common stock
|
3,297 |
| 2025-06-30 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Option to purchase common stock (Direct)
The option was granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the option was fully vested and exercisable on the grant date. In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." |
Option to purchase common stock
|
7,500 |
| 2025-06-30 | FELSHER STEVEN G |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. |
Common Stock
|
750 |
| 2025-06-30 | Volkart Carmen B |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares were issued to the Reporting Person pursuant to the Issuer's Outside Director Compensation Plan. |
Common Stock
|
3,125 |