Insider Transaction Report

Philip Brent Sheibley, a director at Modular Medical, Inc., was granted an option to purchase 250 shares of common stock on March 31, 2026. The option, granted under the company's Outside Director Compensation Plan, is fully vested and exercisable immediately. The exercise price is $4.55 per share, with an expiration date of March 31, 2036. This transaction is reported on Form 4. Following this grant, Mr. Sheibley beneficially owns 250 shares of common stock, as indicated by the reporting of derivative securities. The filing notes that options with different exercise prices or vesting terms are considered separate classes.