Methode director granted phantom stock units
METHODE ELECTRONICS INC director Brian J. Cadwallader reported an acquisition of phantom stock units tied to company common stock through a deferred compensation plan.
Rhea-AI Filing Summary
METHODE ELECTRONICS INC director Brian J. Cadwallader reported an acquisition of phantom stock units tied to company common stock through a deferred compensation plan. On January 31, 2026, 432.15 theoretical common shares of phantom stock were credited at a reference price of $5.37 per unit under the dividend reinvestment feature of the Nonqualified Deferred Compensation Plan. Following this grant, his deferred compensation account reflected 46,845.86 phantom stock units held indirectly, and a separate indirect trust holding showed 6,800 common shares. These are compensation and plan-related entries rather than open-market stock purchases or sales.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 432.15 | $5.37 | $2K |
| holding | Common Stock | -- | -- | -- |
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.
FAQ
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What insider activity did Methode Electronics (MEI) report for Brian J. Cadwallader?
What are phantom stock units in the Methode Electronics (MEI) Form 4 filing?
How many phantom stock units does the Methode Electronics (MEI) director hold after this transaction?
Does the Methode Electronics (MEI) Form 4 show any open-market stock buying or selling?
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