Methode Electronics (MEI) director adds phantom stock units in 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.

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

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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^*

Cadwallader Brian J

(Last) (First) (Middle)

25650 W 11 MILE RD

(Street)

SOUTHFIELD MI 48034

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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		432.15(1)	A	$5.37	46,845.86	I	In Deferred Comp. Plan
Common Stock								6,800	I	In Trust

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.

	/s/ Kerry Vyverberg as attorney-in-fact for Brian J. Cadwallader	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did Methode Electronics (MEI) report for Brian J. Cadwallader?

Methode Electronics reported that director Brian J. Cadwallader received 432.15 phantom stock units on January 31, 2026. These units were credited under a dividend reinvestment feature in a Nonqualified Deferred Compensation Plan, reflecting compensation-related accruals rather than open-market share purchases or sales.

What are phantom stock units in the Methode Electronics (MEI) Form 4 filing?

Phantom stock units are theoretical common share equivalents credited in a deferred compensation plan, not actual shares. In this filing, 432.15 phantom stock units were added via a dividend reinvestment feature, tracking the value of Methode Electronics common stock for compensation purposes without direct stock market transactions.

How many phantom stock units does the Methode Electronics (MEI) director hold after this transaction?

After the January 31, 2026 credit, the director’s deferred compensation account shows 46,845.86 phantom stock units held indirectly. This total reflects accumulated plan credits over time, including the newly added 432.15 units tied to Methode Electronics’ common stock performance.

Does the Methode Electronics (MEI) Form 4 show any open-market stock buying or selling?

No open-market buying or selling is shown. The reported activity is a grant of 432.15 phantom stock units through a dividend reinvestment feature, plus a separate holding entry for 6,800 common shares in a trust, indicating existing indirect ownership rather than new market trades.

How are the common shares held by the Methode Electronics (MEI) director characterized?

The filing lists 6,800 Methode Electronics common shares held indirectly in a trust. This entry is a holding record, not a new trade, and indicates indirect ownership separate from the phantom stock units in the Nonqualified Deferred Compensation Plan.