[Form 4] METHODE ELECTRONICS INC Insider Trading Activity
Therese M. Bobek, a director of Methode Electronics, Inc. (MEI), reported an equity award on Form 4. On 09/16/2025 she was granted 18,543 shares of Common Stock under the Methode Electronics, Inc. 2022 Omnibus Incentive Plan with immediate vesting, recorded at a price of $8 per share, bringing her direct beneficial ownership to 21,543 shares. The filing also shows 27,528.42 units of Phantom Stock held indirectly in a deferred compensation plan. The Form 4 was signed by an attorney-in-fact on 09/18/2025.
- 18,543 shares of Common Stock acquired under the 2022 Omnibus Incentive Plan with immediate vesting
- Direct beneficial ownership increased to 21,543 shares following the reported transaction
- 27,528.42 units of Phantom Stock disclosed as indirect ownership in a deferred compensation plan
- None.
Insights
TL;DR: Director received a single, immediately vested equity award totaling 18,543 shares; indirect deferred compensation holdings also disclosed.
The filing discloses a non-derivative stock award granted under the companys 2022 Omnibus Incentive Plan that vested immediately, representing 18,543 common shares acquired at a reported price of $8 and increasing direct beneficial ownership to 21,543 shares. Separately the reporting person holds 27,528.42 units of phantom stock in the deferred compensation plan, listed as indirect ownership. This is a routine director compensation disclosure and does not contain earnings or operational metrics. The immediate vesting and the mix of direct shares and deferred phantom units are relevant for modeling share count and potential future dilution, but the filing itself does not provide timing for any future dispositions.
TL;DR: Director-level equity grant was reported appropriately; disclosure outlines direct and indirect holdings.
The Form 4 clearly identifies the reporting person as a director and shows a stock award under the 2022 Omnibus Incentive Plan with immediate vesting. It also discloses indirect ownership via phantom stock in a deferred compensation plan. The signature by an attorney-in-fact and the filing date are included, indicating compliance with reporting procedure. The disclosure is straightforward and consistent with routine equity compensation practices for board members; no governance red flags or exceptions are stated within the filing.