Methode Electronics GC reports tax share withholding
Methode Electronics General Counsel Kerry A. Vyverberg reported routine share adjustments related to equity compensation.
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Form Type
4
Rhea-AI Filing Summary
Methode Electronics General Counsel Kerry A. Vyverberg reported routine share adjustments related to equity compensation. On May 2, 2026, 1,801 shares of common stock were withheld at $8.63 per share to cover tax obligations tied to vesting restricted stock units, rather than an open-market sale. After this tax-withholding disposition, Vyverberg directly held 40,231 common shares and indirectly held 13,783 common shares in a 401(k) plan.
Insider Trade Summary
Exercise Price or Tax Liability: 1,801 shares
Exercise Price or Tax Liability
2 txns
Insider
Vyverberg Kerry A.
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,801 | $8.63 | $16K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,231 shares (Direct);
Common Stock — 13,783 shares (Indirect, in 401(k) Plan)
Footnotes (1)
- F1. Represents shares withheld to satisfy the reporting person's tax obligations associated with the vesting of restricted stock units.
Key Figures
Tax-withheld shares: 1,801 shares
Withholding price: $8.63 per share
Direct holdings after transaction: 40,231 shares
+2 more
5 metrics
Tax-withheld shares
1,801 shares
Shares withheld for tax obligations tied to RSU vesting
Withholding price
$8.63 per share
Value used for the 1,801-share tax-withholding disposition
Direct holdings after transaction
40,231 shares
Common stock directly held by Kerry A. Vyverberg after withholding
Indirect 401(k) holdings
13,783 shares
Common stock held indirectly in a 401(k) plan
Tax-withholding transactions
1 transaction
Form 4 summary shows one tax-withholding disposition (code F)
Key Terms
restricted stock units, tax-withholding disposition, 401(k) Plan, Common Stock, +1 more
5 terms
restricted stock units financial
"tax obligations associated with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) Plan financial
"nature_of_ownership": "in 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Methode Electronics (MEI) disclose in this Form 4 filing?
Methode Electronics reported that General Counsel Kerry A. Vyverberg had company shares withheld to cover taxes from vesting restricted stock units. The filing records a tax-withholding disposition of 1,801 common shares, rather than an open-market purchase or sale of stock.
What does transaction code F mean in the Methode Electronics (MEI) Form 4?
Transaction code F indicates shares delivered to satisfy an exercise price or tax liability. Here, 1,801 Methode Electronics shares were withheld to cover Kerry A. Vyverberg’s tax obligations tied to restricted stock unit vesting, rather than representing a discretionary decision to sell shares.
How is the 401(k) Plan holding reported for Methode Electronics (MEI)?
The Form 4 lists 13,783 Methode Electronics common shares as held indirectly in a 401(k) plan. This entry is categorized as indirect ownership, separate from the 40,231 shares reported as directly owned by Kerry A. Vyverberg after the tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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