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Methode Electronics (MEI) 8-K Filings

MEI NYSE

Every 8-K that Methode Electronics (MEI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow MEI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MEI filings page.

Rhea-AI Summary

Methode Electronics, Inc. (MEI) said Stacie Schulz, its Chief Accounting Officer and principal accounting officer, informed the company on October 19, 2026, that she will resign from both roles effective October 30, 2026 to pursue other opportunities. The company said the resignation is not the result of any disagreement with its independent auditors or management regarding accounting principles or practices, financial statement disclosure, or internal controls. Laura Kowalchik, the company's Chief Financial Officer, will assume the additional responsibilities of principal accounting officer on the effective date.

Rhea-AI Summary

Methode Electronics, Inc. (MEI) awarded fiscal 2027 long-term incentives to its executive officers on September 22, 2026. Jonathan B. DeGaynor, Chief Executive Officer, received 155,840 time-based RSUs and 155,840 target PSUs; Laura Kowalchik, Chief Financial Officer, 41,831 RSUs and 41,830 target PSUs; Lars Ullrich, SVP, Global Automotive, 27,625 and 27,624; John Erwin, Chief Procurement Officer, 18,045 and 18,044; and Kerry A. Vyverberg, General Counsel, 16,634 of each.

RSUs vest over three years based on continued service. PSUs are weighted 60% to annualized TSR and 40% to ROIC over a cumulative three-year performance period through the end of fiscal 2029, and may be earned July 15, 2029. No shares are earned below threshold; awards range from 50% at threshold to 200% at maximum performance. A separate 150,000-unit time-based CEO award vests in full on September 22, 2031, subject to continued employment.

Rhea-AI Summary

METHODE ELECTRONICS, INC. (MEI) reports the results of its September 16, 2026 annual meeting of stockholders. Stockholders approved the Methode Electronics, Inc. 2026 Omnibus Incentive Plan and ratified the Audit Committee’s selection of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending May 1, 2027.

Director David P. Blom received fewer votes for election than against, triggering the company’s resignation policy. After review, the Nominating and Governance Committee recommended, and the Board determined, that rejecting his conditional resignation was in the best interest of the company and its stockholders, so he will continue to serve until the 2027 annual meeting or earlier departure.

Rhea-AI Summary

Methode Electronics, Inc. (MEI) reported fiscal 2027 first-quarter net sales of $265.4 million, up 10.4% year-over-year, driven mainly by higher Industrial segment volumes, especially data center, on-highway and off-highway lighting products. Despite higher sales and improved gross profit, one-time costs and higher selling and administrative expenses led to a net loss of $11.4 million, slightly worse than the prior-year loss.

Adjusted EBITDA declined to $13.7 million (5.2% margin) from $15.7 million (6.5% margin), and free cash flow swung to an outflow of $10.9 million from an inflow of $18.0 million, largely due to working capital timing. The Industrial segment delivered strong operating income of $31.6 million on 27.0% sales growth, while Automotive remained loss-making and Interface declined after the dataMate divestiture. The company reduced net debt to $194.3 million, made a net $10.1 million debt repayment, amended its revolving credit facility with certain maturities extended to October 2028, and affirmed fiscal 2027 guidance for net sales of $1.025–$1.075 billion and Adjusted EBITDA of $72–$82 million.

Rhea-AI Summary

Methode Electronics, Inc. reported stronger results for fiscal 2026 while remaining unprofitable for the year. In the fiscal fourth quarter, net sales rose to $298.1 million, up 15.9% year-over-year, and net income was $0.4 million versus a net loss of $28.3 million a year earlier. Fourth-quarter Adjusted EBITDA improved to $26.9 million from a loss of $7.1 million.

For the full fiscal 2026, net sales were $1,019.2 million, down 2.8% from fiscal 2025, and the company recorded a net loss of $35.7 million, narrower than the $62.6 million loss in the prior year. Adjusted EBITDA increased to $68.2 million, or 6.7% of net sales, up 60.5% year-over-year. Free cash flow was $15.6 million, compared with an outflow of $15.2 million in fiscal 2025, and net debt declined to $185.4 million.

Looking to fiscal 2027, Methode expects net sales between $1.025 billion and $1.075 billion and Adjusted EBITDA between $72 million and $82 million, with capital expenditures of $25 million to $30 million and free cash flow generally consistent with fiscal 2026.

Rhea-AI Summary

Methode Electronics, Inc. reports that a previously disclosed investigation by the U.S. Securities and Exchange Commission has been closed. On May 14, 2026, SEC staff notified the company that it has concluded its investigation and does not intend to recommend an enforcement action.

Rhea-AI Summary

Methode Electronics reported fiscal third quarter 2026 net sales of $233.7 million, down slightly from $239.9 million a year ago, and a net loss of $15.9 million, or $0.45 per diluted share. Profitability weakened as gross profit slipped to $38.8 million and loss from operations widened to $6.1 million.

The Automotive segment saw an 8.2% sales decline to $106.2 million and deeper operating losses, while the Industrial segment grew sales 9.5% to $122.5 million with strong margins. The Interface segment’s sales dropped sharply to $5.0 million with much lower operating income.

The company narrowed full-year 2026 net sales guidance to $950 million–$1.0 billion and lowered adjusted EBITDA guidance to $58–$62 million. Management highlighted portfolio transformation steps, including an agreement to sell the Harwood Heights facility and closing the $16 million sale of the dataMate copper transceiver business. Net debt was $207.2 million, and free cash flow for the quarter was $10.1 million.

Rhea-AI Summary

Methode Electronics, Inc. updated its executive change-in-control protections and decided to end its deferred compensation plan. In December 2025, the company amended Change in Control Agreements for four senior leaders, including its Chief Financial Officer, Senior Vice President of Global Automotive Business, Chief Procurement and EHS Officer, and General Counsel.

The amendments reduce the period of COBRA health insurance continuation for these executives from twenty-four months to eighteen months, reflecting a tightening of post-termination benefits. Separately, the Board of Directors approved terminating the company’s Deferred Compensation Plan effective December 31, 2025, signaling a shift in how deferred pay will be handled for eligible participants.

Rhea-AI Summary

Methode Electronics, Inc. reported that it has released its financial results for the second quarter ended November 1, 2025. The company furnished these results through a press release that is attached as an exhibit to this current report. The disclosure is made under the item covering results of operations and financial condition and is treated as furnished rather than filed for securities law purposes.

Rhea-AI Summary

Methode Electronics, Inc. held its annual stockholder meeting on September 17, 2025, where investors voted on directors, the independent auditor, and executive pay. Stockholders elected seven directors to serve until the next annual meeting or until their successors are elected and qualified, with each nominee receiving more votes in favor than against.

Investors also ratified Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending May 2, 2026, with 30,173,012 votes for, 466,878 against, and 50,697 abstentions. In addition, stockholders approved the advisory “Say‑on‑Pay” proposal on named executive officer compensation, with 24,480,053 votes for, 2,779,095 against, 60,874 abstentions, and 3,370,565 broker non‑votes, indicating overall support for current pay practices.

Rhea-AI Summary

Methode Electronics appointed Stacie Schulz as Chief Accounting Officer, effective September 11, 2025, reporting to Chief Financial Officer Laura Kowalchik. The 8-K highlights her prior senior accounting roles at Superior Industries, Tenneco, Federal-Mogul, and Deloitte, and notes her CPA credentials and accounting degrees from Michigan State University.

Her compensation includes a $350,000 annual base salary, an annual bonus targeted at 50% of base salary, and an annual long-term incentive award of $150,000 split evenly between time-based and performance-based restricted stock units. If terminated without cause, she is eligible for a cash payment equal to half of her annual salary plus target bonus and up to six months of company-paid COBRA coverage, along with participation in standard employee benefit plans.

Rhea-AI Summary

Methode Electronics, Inc. filed a current report to disclose that it has released financial results for its first quarter ended August 2, 2025. On September 9, 2025, the company issued a press release with these results, which is furnished as Exhibit 99.1. The report clarifies that this earnings information is being furnished rather than filed under securities laws, meaning it is not automatically incorporated into other securities offerings unless specifically referenced.

Rhea-AI Summary

Methode Electronics adopted a 2026 long-term incentive program awarding time-based restricted stock units (RSUs) and performance-based restricted stock units (PSUs) to its executive officers under the companys 2022 Omnibus Incentive Plan. The CEO, Jonathan B. DeGaynor, was awarded 328,520 RSUs and 328,520 PSUs; other named officers received proportionally smaller grants (for example, the CFO received 78,310 RSUs and 78,310 PSUs). RSUs vest 33%, 33% and 34% over three years. PSUs vest following a three-year performance period and are measured 60% on ROIC and 40% on TSR with payouts from 0% to 200% (50% at threshold, 100% at target). Dividend equivalents accrue only upon vesting or share earning, and specific death, disability, retirement, termination and change-in-control provisions are described.