MEI director granted 194 phantom stock units

METHODE ELECTRONICS INC director Mary A. Lindsey reported routine compensation-related changes in her holdings.

Rhea-AI Filing Summary

METHODE ELECTRONICS INC director Mary A. Lindsey reported routine compensation-related changes in her holdings. The filing shows an acquisition of 194.620 shares of phantom stock at $7.99 per unit, credited under the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan and held indirectly in a deferred compensation account.

Following this credit, Lindsey holds 31,294.380 phantom stock units indirectly in the plan. A separate line reflects her direct ownership of 25,970 shares of common stock as of the same date, recorded as a holding entry rather than a new market transaction.

Insider Trade Summary

Grant/Award: 194.62 shares

Grant/Award 2 txns

Insider LINDSEY MARY A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	194.62	$7.99	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock — 31,294.38 shares (Indirect, In Deferred Comp. Plan); Common Stock — 25,970 shares (Direct)

Footnotes (1)

1. F1. The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.

Key Figures

Phantom stock units acquired: 194.620 units Phantom stock credit price: $7.99 per unit Total phantom stock after transaction: 31,294.380 units +1 more

4 metrics

Phantom stock units acquired 194.620 units Credited via dividend reinvestment on phantom stock

Phantom stock credit price $7.99 per unit Price used to credit phantom stock in deferred plan

Total phantom stock after transaction 31,294.380 units Indirect holdings in Nonqualified Deferred Compensation Plan

Common shares directly owned 25,970 shares Direct MEI common stock holding recorded as of transaction date

Key Terms

Phantom Stock, Nonqualified Deferred Compensation Plan, dividend reinvestment feature

3 terms

Phantom Stock financial

"The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Nonqualified Deferred Compensation Plan financial

"pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"

A nonqualified deferred compensation plan is an arrangement where an employer lets select employees postpone receiving part of their pay or bonuses until a future date, often at retirement, so taxes are paid later. It matters to investors because these payouts are typically unsecured promises by the company—like an internal IOU—so they create future cash obligations and expose the company to extra liability risk if the business falters, and they also reveal how executives are being paid and motivated.

dividend reinvestment feature financial

"credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MEI director Mary A. Lindsey report?

Mary A. Lindsey reported an acquisition of phantom stock units as compensation. She received 194.620 additional phantom stock units through a dividend reinvestment feature in a nonqualified deferred compensation plan, rather than through an open-market stock purchase or sale.

How many phantom stock units does Mary A. Lindsey hold in MEI after this filing?

After the reported transaction, Mary A. Lindsey holds 31,294.380 phantom stock units indirectly. These units are credited within the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan and reflect theoretical common shares tracked for deferred compensation purposes.

What price was used to credit the new MEI phantom stock units?

The additional phantom stock units were credited at $7.99 per unit. This price was applied to 194.620 units under the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan, rather than representing an open-market trade price.

Does the MEI Form 4/A show any open-market stock sales or purchases by Mary A. Lindsey?

The Form 4/A does not show open-market stock sales or purchases. It reports a phantom stock credit under a deferred compensation plan and a separate holding entry for 25,970 directly owned common shares, without recording a new buy or sell transaction in the market.

How many MEI common shares does Mary A. Lindsey own directly after the reported transactions?

The filing shows Mary A. Lindsey directly owning 25,970 shares of MEI common stock. This appears as a holding entry in the report, indicating her direct ownership position as of the transaction date rather than a newly executed market trade.

What is the role of the dividend reinvestment feature in MEI’s nonqualified deferred compensation plan?

The dividend reinvestment feature credits additional phantom stock units when dividends are declared. In this case, it added 194.620 theoretical common share equivalents to Mary A. Lindsey’s deferred compensation account, increasing her phantom stock balance without requiring any cash transaction in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 07:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LINDSEY MARY A

(Last) (First) (Middle)

25650 W 11 MILE RD

(Street)

SOUTHFIELD MICHIGAN 48034

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
METHODE ELECTRONICS INC [ MEI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/16/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Phantom Stock	01/31/2026		A		194.62(1)	A	$7.99	31,294.38	I	In Deferred Comp. Plan
Common Stock								25,970	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan.

Remarks:

This Form 4 amendment is being filed to correct the number of shares reported as aquired by the reporting person, which was inadvertently overreported in the original Form 4 on March 16th, 2026, due to an administrative error.

	/s/ Kerry Vyverberg as attorney-in-fact for Mary A. Lindsey	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)