Methode Electronics (NYSE: MEI) credits new phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bobek Therese M

Role null

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, null)

Footnotes (1)

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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"

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 →

05/05/2026 - 07:00 PM

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^*

Bobek Therese M

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	01/31/2026		A		173.55⁽¹⁾	A	$7.99	27,906.49	I	In Deferred Comp. Plan
Common Stock								21,543	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Therese M. Bobek	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)

Source: View Original Filing on SEC EDGAR

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.

Is Therese Bobek buying or selling Methode Electronics (MEI) shares on the open market?

This filing does not show any open-market buying or selling by Therese Bobek. It records a compensation-related credit of phantom stock units through dividend reinvestment inside a deferred compensation plan, plus a holding line for common shares already owned.

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.

How many Methode Electronics (MEI) common shares does Therese Bobek hold directly?

Therese Bobek is shown holding 21,543 common shares directly as of January 31, 2026. This line reflects her direct ownership position and does not indicate any new purchase or sale activity in the company’s common stock.

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.