X0508 4 2026-01-15 0 0001645873 MODIV INDUSTRIAL, INC. MDV 0002035939 Gingras Christopher Raymond 1500 NORTH GRANT STREET, #5609 DENVER CO 80203 1 0 0 0 0 COMMON STOCK, CLASS C 2026-01-15 4 J 0 45.0302 13.70 A 11674.3147 D COMMON STOCK, CLASS C 2026-01-15 4 J 0 34.8242 14.84 A 11709.1389 D Shares acquired in dividend reinvestment transactions exempt from Section 16 pursuant to Rule 16a-11 are being reported voluntarily on this Form 4. /s/ John Raney, by Power of Attorney for Christopher R. Gingras 2026-01-20