Director adds phantom stock via dividends at Methode (NYSE: MEI)

Rhea-AI Filing Summary

SCHWABERO MARK D reported acquisition or exercise transactions in this Form 4 filing.

METHODE ELECTRONICS INC director Mark D. Schwabero reported a routine compensation-related change in holdings. He received 290.45 additional theoretical common shares as phantom stock at $7.99 per share, credited under the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan. After this credit, his deferred phantom stock balance is 46,704.16 units held indirectly in the plan, and he also reports 6,000 common shares held directly. The filing shows no open-market purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SCHWABERO MARK D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	290.45	$7.99	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock — 46,704.16 shares (Indirect, In Deferred Comp. Plan); Common Stock — 6,000 shares (Direct, null)

Footnotes (1)

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Key Figures

Phantom stock units acquired: 290.45 units Phantom stock reference price: $7.99 per unit Total phantom stock after transaction: 46,704.16 units +1 more

4 metrics

Phantom stock units acquired 290.45 units Credited via dividend reinvestment feature

Phantom stock reference price $7.99 per unit Price per phantom stock unit for this credit

Total phantom stock after transaction 46,704.16 units Deferred balance in Nonqualified Deferred Compensation Plan

Direct common stock holdings 6,000 shares Common Stock held directly after reported holding entry

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

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

dividend reinvestment feature financial

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

Form 4 Insider Transactions: What Each Field Means →

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^*

SCHWABERO MARK D

(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		290.45(1)	A	$7.99	46,704.16	I	In Deferred Comp. Plan
Common Stock								6,000	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 Mark Schwabero	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)

FAQ

What did Methode Electronics (MEI) director Mark D. Schwabero report in this Form 4/A?

He reported an acquisition of 290.45 phantom stock units at $7.99 each, credited through a dividend reinvestment feature in a deferred compensation plan, bringing his phantom stock balance to 46,704.16 units.

Were there any open-market stock purchases or sales by Mark D. Schwabero in MEI?

No open-market purchases or sales were reported. The filing shows a grant of phantom stock units via dividend reinvestment and a separate holding entry of 6,000 common shares, with no buy or sell transactions disclosed.

What is the size of Mark D. Schwabero’s phantom stock position in Methode Electronics (MEI)?

After the reported transaction, his phantom stock balance is 46,704.16 units. These are theoretical common shares credited within the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan, not shares acquired in the open market.

How many Methode Electronics (MEI) common shares does Mark D. Schwabero hold directly?

He reports direct ownership of 6,000 common shares. This entry is listed as a holding, with no associated purchase or sale, providing context for his overall equity exposure to Methode Electronics.

How were the 290.45 phantom stock units for MEI credited to Mark D. Schwabero?

They were credited through the dividend reinvestment feature of the Methode Electronics, Inc. Nonqualified Deferred Compensation Plan, meaning dividends generated additional phantom stock instead of cash, increasing his deferred theoretical share balance.

Does the MEI Form 4/A indicate a change in Mark D. Schwabero’s investment strategy?

The filing reflects a routine phantom stock credit from dividend reinvestment and a reported holding of 6,000 common shares. It does not show discretionary buying or selling activity that would clearly signal a strategic shift.