Methode director adds phantom stock units
Bobek Therese M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bobek Therese M reported acquisition or exercise transactions in this Form 4 filing.
Methode Electronics director Therese M. Bobek received 173.55 units of phantom stock valued at $7.99 per unit under the company’s Nonqualified Deferred Compensation Plan. These theoretical common shares were credited through the plan’s dividend reinvestment feature.
Following this credit on common stock equivalents, Bobek holds 27,906.49 phantom stock units indirectly in the deferred compensation plan and 21,543 common shares directly as of January 31, 2026. This reflects routine compensation-related accrual rather than any open‑market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 173.55 shares
Grant/Award
2 txns
Insider
Bobek Therese M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 173.55 | $7.99 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 27,906.49 shares (Indirect, In Deferred Comp. Plan);
Common Stock — 21,543 shares (Direct)
Footnotes (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 granted: 173.55 units
Reference value per phantom unit: $7.99 per unit
Total phantom stock after transaction: 27,906.49 units
+1 more
4 metrics
Phantom stock units granted
173.55 units
Credited via dividend reinvestment on January 31, 2026
Reference value per phantom unit
$7.99 per unit
Value used for newly credited phantom stock
Total phantom stock after transaction
27,906.49 units
Phantom stock balance in Nonqualified Deferred Compensation Plan
Direct common shares held
21,543 shares
Common stock directly owned as of January 31, 2026
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
What did Methode Electronics (MEI) director Therese Bobek report in this Form 4/A?
Therese M. Bobek reported an acquisition of 173.55 phantom stock units valued at $7.99 each. These were credited through dividend reinvestment within Methode Electronics’ Nonqualified Deferred Compensation Plan, increasing her deferred phantom stock balance to 27,906.49 units.
How many phantom stock units does Therese Bobek hold after the latest credit at MEI?
After receiving 173.55 additional phantom stock units, Therese Bobek holds 27,906.49 phantom stock units. These units represent theoretical common shares credited under Methode Electronics’ Nonqualified Deferred Compensation Plan via its dividend reinvestment feature.
What is the reference price for the new phantom stock units at Methode Electronics (MEI)?
The 173.55 newly credited phantom stock units use a reference value of $7.99 per unit. This price applies within the Nonqualified Deferred Compensation Plan’s dividend reinvestment feature, which adds theoretical common share equivalents instead of cash payouts.
What does phantom stock in Methode Electronics’ deferred compensation plan represent?
Phantom stock represents theoretical common share equivalents credited within Methode Electronics’ Nonqualified Deferred Compensation Plan. Instead of receiving cash dividends, the participant is credited with additional phantom stock units through a dividend reinvestment feature tied to common stock performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
